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Northwest Airlines closed the quarter with a loss lower than expected

Washington, Usa - Fares rise and union agreement were not enough

It has been closed with a loss of USD 46 m the quarter for the American carrier, Northwest Airlines, versus a profit of USD 42m a year earlier. The agreement with pilot union made last week (see AVIONEWS), and fare rise made in September (see AVIONEWS) have been nor enough. The Chief Executive, Doug Steenland, asserted that the reason for this slow company recovery doesn’t depend only to high fuel a...

AVIONEWS - World Aeronautical Press Agency - 105828

AVIONEWS - World Aeronautical Press Agency
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