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Northwest reduces first-quarter loss ex-bankruptcy costs

Bankruptcy-related charges totaling $975 million propelled Northwest Airlines to a net loss of $1.1 billion for the first quarter of 2006 from a loss of $537 million in the year-ago period.

NWA filed for Chapter 11 protection last September. Excluding reorganization and unusual items, the carrier trimmed its first-quarter deficit to $129 million from $450 million in 2005, largely on the strength of improved cost performance.


 

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As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.


 

As a subscriber to one of Aviation Week Network’s market briefings, your searches only provide you with access to articles from within that product.

To find out about obtaining additional data – including the most comprehensive details on organizations, fleets, personnel and programs – click here or call +1.561.279.4661.