Northwest Air profit far exceeds expectations
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Northwest Airlines Corp , which cut costs and raised fares, on Monday reported a third-quarter profit, shattering Wall Street expectations.
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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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Continental Airlines Inc.  on  Thursday said second-quarter profit nearly doubled as higher  fares and wage cuts offset climbing fuel prices.
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The world's top air-express shipper said earnings soared on strong revenue growth in its international, ground and freight services.
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Finnair swung into a second-quarter profit on growing sales as demand on its routes--especially to Asia--continued to grow, the company said Tuesday.
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Boeing Co.  said on Wednesday  fourth-quarter profit more than doubled, as it delivered more  commercial aircraft than in the year-earlier quarter.
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The airline reported profit of $241 on double-digit passenger revenue growth in every segment of its business except for domestic flights.
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The airline posts its first profit in three years.
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Northrop Grumman Corp. NOC.N  reported higher third-quarter earnings on Wednesday and an 11  percent increase in sales on strength in its mission systems,  integrated systems, ships and space technology businesses.
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Northwest Airlines Corp. said yesterday it expects to be worth roughly $7 billion when it emerges from bankruptcy this year, and will pay its unsecured creditors roughly three-quarters of what they are owed.
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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 Corp  on Monday shattered Wall Street expectations, reporting a $244 million quarterly profit on cost cutting and higher fares.
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World Airways Inc. raised its third-quarter revenue and operating income forecasts on Wednesday, citing benefits from military and commercial contracts; shares of the cargo carrier jumped more than 35 percent.
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Continental Airlines  posted a better-than-expected 15 percent increase in quarterly earnings on Thursday on strong demand for trans-Atlantic and other international flights.
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Ryanair, the Irish no-frills airline, said net profit rose 15 percent for the quarter to September, adding it was well-placed to combat the threat of record high oil prices and fierce competition.
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No-frills airline Ryanair posted a forecast-beating jump in half-year profit after its low fares drew in summer passengers and was surprisingly upbeat on the full year, boosting its shares.
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The French airline Air France-KLM has reported a 7.8-percent rise in second-quarter operating profit owing to strong passenger traffic, but net profit slumped on exceptional factors.