Northwest Airlines reported a third-quarter net loss of $317 million, reversed from a $244 million profit in the year-ago period, citing a $410 million noncash charge related to fuel hedging as the reason. Excluding the hedging loss resulting from the recent drop in oil prices, NWA would have posted a $93 million profit. The company's executives expressed satisfaction with the result and optimism going forward despite weak economic conditions. "Bookings have surprised us a bit on the ...

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