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Northwest Airlines posts $377 million 2Q loss

Forbes | 2 hours 53 minutes ago

MINNEAPOLIS - Northwest Airlines, which already plans to reduce flying from now through the end of the year, could shrink more and keep raising fares if fuel prices don't come down, Chief Executive Doug Steenland said on Wednesday.... (more)


WestJet to pull credit card readers at check-in kiosks

National Post (Canada) | 3 hours 2 minutes ago

Airline fears security features of the airport kiosks may have been compromised and that sensitive information... (more)


WestJet stops credit card check-in at kiosks

National Post (Canada) | 3 hours 2 minutes ago

Canadians will no longer be able to use their credit cards to check in at WestJet Airlines kiosks across... (more)


Marcial: Betting on a Buyout at MGM

BusinessWeek | 4 hours 55 minutes ago

One pro believes a deal could be in the cards for casino operator MGM Mirage, whose big investors include Kirk Kerkorian and Dubai World... (more)


Fuel costs hit Royal Caribbean; Cutting 400 jobs

Boston Globe, The | 4 hours 57 minutes ago

MIAMI, Fla.—Cruise operator Royal Caribbean Cruises Ltd. reported sharply lower second-quarter earnings Monday, blaming higher fuel prices, and said it would cut 400 jobs.... (more)


Great Wolf signs National Geographic as sponsor

American City Business Journals | 4 hours 58 minutes ago

National Geographic Entertainment has agreed to become a presenting sponsor for children's activities at indoor water park resorts operated by Great Wolf Resorts Inc., of Madison.... (more)


Lufthansa cancela más de 550 vuelos por huelga

Oregonian (Portland), The | 5 hours 29 minutes ago

FRANCFORT, Alemania (AP) — La aerolínea Lufthansa informó el miércoles la cancelación de medio millar de vuelos en toda Europa debido a huelgas de pilotos en dos subsidiarias.... (more)


Retail Therapy: Fashion Week fever

New Zealand Herald, The | 5 hours 29 minutes ago

Top Australian designer Kirrily Johnston will be part of Air New Zealand Fashion Week come September 16. The list of designers taking part this year was announced last week, and includes…... (more)


Oil price falls and airline stocks take off

New Zealand Herald, The | 5 hours 30 minutes ago

Airline stocks rebounded around the world yesterday after the price of oil fell to a six-week low. Air New Zealand rose 6.9 per cent to $1.23 - its highest close in two months -…... (more)


Seniors protest against rules on foreign pensions

New Zealand Herald, The | 5 hours 30 minutes ago

Septuagenarian protesters greeted Social Development Minister Ruth Dyson at an Auckland Grey Power meeting yesterday with placards demanding their rights to foreign pensions. Frank…... (more)


7 congressmen experience ironic flight

MSNBC | 5 hours 33 minutes ago

A Continental Airlines flight carrying former presidential candidate Ron Paul and six other members of Congress to Washington, D.C., made an emergency landing in New Orleans on Tuesday after a loss in cabin pressure.... (more)


Northwest swings to loss on record-high fuel costs; shares gain - MarketWatch

MarketWatch | 7 hours 27 minutes ago

NEW YORK (MarketWatch) -- Stung by a record-high fuel bill, Northwest Airlines Corp. reported Wednesday a second-quarter loss as well as revenue growth of nearly 13%. ... (more)


ABC News: Boeing's 2Q Profits Falls 19 Percent

ABC News | 7 hours 27 minutes ago

Cars drive away from Boeing Co.'s Everett, Wash. assembly plant, July 9, 2008. Boeing Co. says its... Cars drive away from Boeing Co.'s Everett, Wash. assembly plant, July 9, 2008. Boeing Co. says its second-quarter earnings fell 19 percent, Wednesday, July 23, 2008, as lower costs failed to offset a previously disclosed charge of $248 million related to a defense program. (AP Photo/Ted S. Warren) <img src="http://a.abcnews.com/assets/images/icons/ico... (more)


ABC News: Northwest Reports Loss on Fuel Bill

ABC News | 7 hours 27 minutes ago

On July 23, 2008, Northwest Airlines reported second-quarter net loss of $377 million. (Getty Images) CHICAGO (Reuters) - Northwest Airlines Corp reported a quarterly net loss on Wednesday, reversing a year-earlier profit, on skyrocketing fuel prices. The carrier, which plans to merge with Delta Air Lines Inc , said its second-quarter net loss amounted to $377 million, or $1.43 per share, compared with a profit of $2.1 billion a year earlier. Northwest exited bankruptcy and issued new shar...... (more)




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