Northwest Airlines posted a first-quarter net loss of $292 million, narrowed from $1.1 billion in the year-ago quarter, with the negative 2007 results owing to $393 million in reorganization costs as the carrier endeavors to exit bankruptcy during the second quarter. Pre-tax profit before reorganization costs for the three months ended March 31 was $100 million, reversed from a pre-tax loss of $129 million on a similar basis in the year-ago period. "Our first-quarter results met our ...

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