1058033--3/16/2007--NORTHWEST_AIRLINES

related topics

{cost, regulation, environmental}

{debt, indebtedness, cash}

{operation, international, foreign}

{cost, operation, labor}

{operation, natural, condition}

Risk Factors Related to Northwest and the Airline Industry A strike or other form of self-help by the flight attendants could have a material adverse effect on the Company. The Company s degree of leverage may limit its financial and operating activities. The covenants in the Company s exit facility may restrict the reorganized Company s activities and will require satisfaction of certain financial tests. Changes in government regulations could increase our operating costs and limit our ability to conduct our business. We are vulnerable to increases in aircraft fuel costs. Our insurance costs have increased substantially and further increases could harm our business. We are exposed to foreign currency exchange rate fluctuations. We are exposed to changes in interest rates.

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1058033--3/16/2007--NORTHWEST_AIRLINES_CORP