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Northwest Airline increased fares and shares went down
Washington, USA - It dived nearly 12% on Monday
The drop of US carrier’s shares would be the result of 50% increasing on business passengers’ fares, operation costed the Northwest investors’ distrust. Bankruptcy’s solution is now closer for airline that posted an USD 458m losses in the first three months of 2005, compared to USD 230m losses posted in 2004 (see for details AVIONEWS). Northwest Chairman himself, Gary Wilson, seems to be dejecte...
AVIONEWS - World Aeronautical Press Agency - 122060
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency