"We extend a warm welcome to Northwest Airlines Corporation as it joins our family of NYSE-listed companies,"Â said NYSE Euronext CEO and Director John A. Thain. "We look forward to a strong and lasting partnership with the company and to providing them with the superior market quality and unsurpassed brand visibility of the New York Stock Exchange."Â
Northwest Airlines, one of the world's largest airlines with a market cap of $7.1 billion, began regular-way trading on May 31st on the NYSE under the ticker symbol "NWA ."Â
Northwest Airlines joins other NYSE-listed companies in the airline sector including Delta Air Lines (NYSE: DAL) which celebrated its re-listing on May 3 after successfully emerging from bankruptcy. Other NYSE-listed airline companies include Southwest Airlines Co. (NYSE: LUV) with a market cap of $12 billion and Air France KLM (NYSE: AKH) with a market cap of $11.5 billion. This brings the total number of airlines companies listed on the NYSE to 16 with a total market cap of over $66 billion. For more information on NYSE-listed please visit http://www.nyse.com/airlines.
"Northwest Airlines is pleased to be trading once again on the NYSE," said Doug Steenland, Northwest Airlines President & CEO. "It is appropriate that we trade in the market under the ticker symbol "NWA"Â which is the well-known symbol for Northwest Airlines which our customers see on our aircraft, at the airport, on our web site, and now investors will recognize it as it crosses the ticker tape at the New York Stock Exchange."Â -NYSE