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Northwest Airlines / Sale #327335

CBS Evening News for Tuesday, May 09, 1989
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(Studio: Dan Rather) Report introduced.

(DC: Mark Phillips) Pan Am's bid to purchase Northwest Airlines examined; details given, scenes shown. [Pan American World Airways spokesperson Thomas PLASKETT, Prudential-Bache Securities spokesperson Ted FOWLER - comment on situation.] Flight route of Northwest and Pan Am illustration Media mogul Marvin Davis reported attempting to make hostile takeover of Northwest. [Airline analyst Morton BEYER - says Northwest would rather be sold to Pan Am than corporation raider.] [Northwest spokesperson Alan MUNCASTER - comments.] [Teamsters Union spokesperson William GENOESE - comments on union stance.] Airline deregulation noted causing higher fares and fewer airlines.

Reporter(s):
Rather, Dan;
Phillips, Mark
Duration:
00:02:20

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