Northwest Airlines Inc., Eagan, Minn., today contributed 11.4 million shares of stock of subsidiary Pinnacle Airlines Corp. and $60 million in cash to Northwest's three pension plans, said Bill Mellon, Northwest spokesman. In August, Northwest received Labor Department approval to contribute the Pinnacle shares instead of cash; in January, the company contributed 1.9 million shares of Pinnacle common stock to the three plans. Today's total contribution, equivalent to $369 million, fulfills Northwest's contribution obligations for the 2002 plan year and the 2003 calendar year, Mr. Mellon said. The three plans have $4.38 billion in defined benefit assets.
Northwest Airlines Inc., Eagan, Minn., today contributed 11.4 million...
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