Northwest Airlines quarterly net loss narrows
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Bankrupt Northwest Airlines Corp. on Tuesday posted a quarterly loss largely on expenses related to its restructuring.
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The airline said it will begin paying only $5 of the $12.50 cost of booking a Northwest ticket through a global distribution system such as Sabre or Galileo starting Wednesday.
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CHICAGO â The UAL Corporation, the parent of United Airlines, reported a quarterly loss on Tuesday, caused by fuel costs and economic weakness in the industry.
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Southwest Airlines Co. , the leading U.S. discount carrier, posted a 16.5 percent drop in second-quarter earnings on Wednesday, but the decline was less than expected as demand rebounded in June.
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Bankrupt UAL Corp. (UALAQ.OB: Quote, Profile, Research) on Thursday reported a narrower third-quarter net loss. The parent of United Airlines posted a loss of $274 million, or
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The company said its net loss in the fiscal third quarter ended Dec. 1 was $84.8 million, or 12 cents a share, compared with a net profit of $1.1 million.
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The parent company of American Airlines, the nation's largest carrier, posted a loss of $69 million during the fourth quarter as fuel prices and weather disruptions wiped out higher revenue.
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UAL Corp. posted a third-quarter net loss of $274 million, joining the long list of air carriers felled by high fuel prices and depressed fares in what is usually the sector&#39;s strongest period.
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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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Northwest Airlines Corp., the fourth- largest US airline, and its pilots union reached tentative agreement on a contract that would cut pay and benefits, saving the company $265 million a year.
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Napster Inc. said Thursday it narrowed a loss in its fiscal third quarter as the online music retailer added subscribers and generated record revenue.
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MARLBOROUGH, Mass. -- 3Com Corp. posted a narrower net loss in its latest quarter amid a sharp drop in operating expenses. For the fiscal first quarter ended Aug. 27, the maker of computer-networking equipment
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Bankrupt Northwest Airlines Corp.   said on Thursday that holders of general unsecured  claims would receive stock valued at between 66 percent to 83  percent of allowed claims when the company exits Chapter 11.
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Three airlines â Northwest, JetBlue and AirTran Holdings â posted fourth-quarter losses on Tuesday as rising fuel costs erased gains from fare increases.
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Sirius Satellite Radio Inc.  said on Tuesday its quarterly net loss narrowed as revenue jumped on a sharp increase in subscribers to its fee-based service.
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United Airlines parent UAL Corp. suffered a loss of $274 million for the third quarter of this year, a smaller hit than it took in the same period of last year, when it lost $367 million.
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Southwest Airlines Inc. LUV.N was on  track to again be the only profitable major U.S. airline in the  fourth quarter, as rivals American Airlines AMR.N and  Northwest Airlines Corp. NWAC.O posted widening losses.