Stop The Bleeding -- NWA Loses $1.1 Billion In Q1 | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.19.25

Airborne-NextGen-05.20.25

AirborneUnlimited-05.21.25

Airborne-AffordableFlyers-05.22.25

AirborneUnlimited-05.23.25

Fri, May 12, 2006

Stop The Bleeding -- NWA Loses $1.1 Billion In Q1

Bankruptcy Losses Mount... But Could This Be Worst Of It?

It isn't easy being Northwest Airlines... but the bankrupt carrier hopes it's seen the worst of it. Just two days after US Airways reported a quarterly profit for the first time in five years, Northwest had to report it lost a whopping $1.1 billion -- with a "B" -- between January 1 and April 1 this year.

It would seem the pace of Northwest's losses are really picking up -- as that's twice the quarterly loss suffered by the airline compared to the same time last year.

What's to blame? Skyrocketing fuel costs... as well as a recent reorganization the carrier says cost $975 million. But let's look at this again.

However, Northwest is quick to point out that number makes things seem worse than they actually are. If you take away the cost of the reorganization, Northwest actually only lost $129 million in the first quarter. Same time last year... the company lost about $450 million.

Hmmm. Maybe things aren't so bad after all.

FMI: www.nwa.com

Advertisement

More News

Oshkosh Memories: An Aero-News Stringer Perspective

From 2021: The Inside Skinny On What Being An ANN Oshkosh Stringer Is All About By ANN Senior Stringer Extraordinare, Gene Yarbrough The annual gathering at Oshkosh is a right of p>[...]

NTSB Prelim: Piper PA32RT

Video Showed That During The Takeoff, The Nose Baggage Door Was Open On May 10, 2025, about 0935 eastern daylight time, a Piper PA-32RT-300, N30689, was destroyed when it was invol>[...]

ANN FAQ: Follow Us On Instagram!

Get The Latest in Aviation News NOW on Instagram Are you on Instagram yet? It's been around for a few years, quietly picking up traction mostly thanks to everybody's new obsession >[...]

Aero-News: Quote of the Day (05.28.25)

"I think what is key, we have offered a bonus to air traffic controllers who are eligible to retire. We are going to pay them a 20% bonus on their salary to stay longer. Don't reti>[...]

ANN's Daily Aero-Term (05.28.25): Pilot Briefing

Aero Linx: Pilot Briefing The gathering, translation, interpretation, and summarization of weather and aeronautical information into a form usable by the pilot or flight supervisor>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 05.30.25: Anti-Helicopter Bill, PW Strike Done, All-Electric Bristell

Airborne 05.29.25: ATC Bonu$, VX4 eVTOL Flies, Starship 9 Test

Airborne-NextGen 05.28.25: SpaceX Tries Again, Electra Blown Wing, Solar Record

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC