Northwest Airlines Swings to 3Q Loss
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Northwest Airlines Corp. posted a third-quarter loss on Wednesday, compared with profits a year ago, due to rising fuel costs and low-fare competition.
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Qwest Communications International Inc. (QN: Quote, Profile, Research) , the No. 4 US local telephone company, on Thursday reported a third-quarter loss as it settled
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Net income for the third quarter rose to $177 million, compared with a loss of $78 million in the year-earlier period, as the carrier raised fares while reducing flights.
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Northwest Airlines Corp , the No. 5 U.S. airline, reported a third-quarter profit on Monday that shattered Wall Street expectations.
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A planned capacity cut by Northwest Airlines Corp. may restore orderly service after a week of widespread cancellations, but Northwest pilots lament the inevitable loss of revenue, the workers' union said on Monday.
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Sprint Corp. (FON.N: Quote, Profile, Research) on Tuesday reported a larger third-quarter loss due to a $3.5 billion write-down in the value of its long-distance assets.
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The twin burdens of soaring fuel prices  and slipping airfares clobbered the airline industry again in  the third quarter, leaving three of the top four U.S. carriers  to post quarterly losses on Wednesday.
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Qwest Communications International Inc. posted a third-quarter loss of $569 million after setting aside more money to settle lawsuits stemming from a three-year, $3.
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Bankrupt Northwest Airlines Corp.   on Monday posted a wider quarterly net loss, but  said that excluding costs related to its reorganization, it saw  a profit.
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Northwest Airlines has ended its controversial attempt to raise the cost of air travel when it&#39;s booked through third parties.
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Northwest Airlines Corp.  said on Wednesday that its operations were "running smoothly and normally" after a disruption that occurred when the airline shifted some work from union-represented aircraft cleaners to a third party at its hub airport in Minneapolis.
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Qwest Communications International Inc. on Thursday reported a third-quarter loss, citing charges and lower revenue. The provider of voice, video and data services posted a quarterly loss of $569 million, or
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Major US airlines yesterday reported heavy third quarter losses, under pressure from record fuel prices and fierce competition with budget carriers.
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Continental Airlines (CAL.N: Quote, Profile, Research) on Tuesday posted a third-quarter loss, reversing a year-earlier profit amid record-high fuel prices, and warned
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Continental Airlines on Tuesday said it swung to a third-quarter loss from a year-ago profit primarily due to special charges related to the retirement of three leased MD-80 aircraft.
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Sprint Corp. on Tuesday reported a larger loss in its third quarter, as it wrote off $3.5 billion in value for its long-distance assets and suffered from disruptions caused by hurricanes.
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Qwest Communications International Inc. reported a third quarter loss on Thursday, partly due to lower revenues and to a charge related to litigation reserves.