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Northwest Airlines, Korean Air launch cargo code-share agreement; Cargo transferring activity to provide economic boost for Alaska.

Publication: M2 Presswire
Publication Date: 28-FEB-05
Format: Online - approximately 913 words
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-28 February 2005-NORTHWEST AIRLINES: Northwest Airlines, Korean Air launch cargo code-share agreement; Cargo transferring activity to provide economic boost for Alaska(C)1994-2005 M2 COMMUNICATIONS LTD

RDATE:24022005

ANCHORAGE, Alaska - Northwest Airlines (NASDAQ: NWAC)...

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...and Korean Air today announced a code-sharing agreement that will enable both airlines to carry international cargo on each others scheduled freighter flights between Asia and the United States, providing new destinations, faster service and more frequencies for their cargo customers.

It is the first such agreement under a provision authored by U.S. Sen. Ted Stevens (R-Alaska) allowing for allied U.S. and foreign carriers serving Alaska to transfer international cargo thereby increasing cargo traffic in Anchorage and further securing Alaskas leading role as a global air-cargo hub.

Under the code-sharing agreement, the two carriers are able to sell cargo space for their customers...

NOTE: All illustrations and photos have been removed from this article.



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