Our Organization

Northwest Airlines Corporation is the parent company of Northwest Airlines, Inc. Northwest Airlines, Inc., generates more than 95 percent of Northwest Airlines Corporation's operating revenues, totaling more than $11 billion in 2000. Northwest Airlines Corporation's stock is widely held by institutions and individual stockholders, including employees. Its stock is traded under the symbol NWAC on the NASDAQ National Market System.

The principal subsidiaries of Northwest Airlines Corporation include:

Northwest Airlines, Inc.
Northwest Airlines is the world's fourth largest airline and is engaged principally in the commercial transportation of passengers and cargo. Northwest Airlines began operations in 1926 and is America's oldest carrier with continuous name identification. Northwest Airlines operates substantial domestic and international route networks and directly serves almost 750 cities in nearly 120 countries on the continents of North America, Asia and Europe. In 2000, Northwest had more than 60 million passengers and flew over 79 billion passenger miles.

MLT Inc. (MLT)
MLT Inc. is among the largest vacation wholesale companies in the United States. In addition to its MLT Vacations charter program, MLT markets and supports Northwest's WorldVacation packages and offers leisure fares to several domestic and international destinations. Northwest WorldVacations feature discounted scheduled air packages via Northwest Airlines and KLM Royal Dutch Airlines to destinations throughout Asia, India, Canada, the Caribbean, Europe, Mexico and the United States.

Northwest PARS, Inc.
Northwest announced July 1, 2003 that it sold its 34 percent interest in Worldspan to Travel Transaction Processing Corporation, a corporation formed by Citigroup Venture Capital Equity Partners and Teachers' Merchant Bank of Canada to offer the Worldspan transaction. Northwest received cash proceeds of approximately $280 million at the closing, plus additional credits for future services from Worldspan. Northwest, Delta and American announced on March 4, 2003, their intention to sell their interest in Worldspan.