Northwest Airlines reported bankruptcy exit aided net income of $2.32 billion for 2007, a dramatic turnaround from a net loss of $2.86 billion in 2006 when it was operating under Chapter 11 protection. The carrier's 2007 pre-tax income excluding reorganization items was $764 million, a more-than-150% improvement over $301 million on similar terms in the prior year. It posted a fourth-quarter net loss of $8 million, narrowed from a net loss of $267 million in the 2006 period. President and ...

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