Minneapolis Airport Approves NWA Fee Break

The plan will lower fees that all airlines pay at the Minneapolis-St. Paul International Airport from 2006 to 2020 in the hopes of making the airport competitive.

The Metropolitan Airports Commission gave final approval Wednesday to a $239 million break on airport fees for Northwest Airlines in return for the airline keeping its hub and headquarters in the Twin Cities.

The plan will lower fees that all airlines pay at the Minneapolis-St. Paul International Airport from 2006 to 2020 in the hopes of making the airport competitive. Other airlines will pay $40 million less under the new rates.

The agreement will take effect only if it is approved in Bankruptcy Court as part of Northwest's restructuring. The company is expected to submit it to the court next week.

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