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NW's Financial State  
User currently offlineHighliner2 From United States of America, joined Nov 2000, 696 posts, RR: 2
Posted (10 years 2 months 3 weeks 1 hour ago) and read 1567 times:

How is NW doing? If fuel prices drop, will they be in a position to make a profit again?


Go Cubs!
6 replies: All unread, jump to last
 
User currently offlineNwcoflyer From United States of America, joined Jun 2003, 690 posts, RR: 13
Reply 1, posted (10 years 2 months 2 weeks 6 days 23 hours ago) and read 1503 times:

NW should be financially sound after they get concessions from pilots this summer. They have the second highest costs in the industry next to DL. Of course, lower gas prices will definatley help. They are the highest cost next to labor.

NW is definatley looking like it will be one of the first majors to achieve sustainable recovery.



The New American is arriving.
User currently offlineAirPortugal310 From Tokelau, joined Apr 2004, 3633 posts, RR: 2
Reply 2, posted (10 years 2 months 2 weeks 6 days 22 hours ago) and read 1444 times:

Probably not that bad if they are getting their airplanes repainted...especially that lovely DC-9...no really....its a pimpin plane....but Ill go say that in another thread!  Smile

Latah



I sell airplanes and airplane accessories
User currently offlineM404 From United States of America, joined Nov 2003, 2226 posts, RR: 5
Reply 3, posted (10 years 2 months 2 weeks 6 days 20 hours ago) and read 1393 times:
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So yopur saying that when the pilots give back what the caompany has already said was have of what they wanted us other class and crafts wont have to give back our 20 percent?.......................................NOT


Less sarcasm and more thought equal better understanding
User currently offlineIsitsafenow From United States of America, joined Feb 2004, 4984 posts, RR: 23
Reply 4, posted (10 years 2 months 2 weeks 6 days 13 hours ago) and read 1316 times:

What bothers me about the airline I patronize the most is that in January and February, NW did not post profit and lose statements but did announce their loads and load factors vs. last year same dates. Then at the end of March, the first quarter they announced a large loss for the first quarter. During the first 90 days of this year, NW was thumping to the unions it needed new contracts to survive and it needed lower pay scales with less benefits.
MY THOUGHT......NW made $$$ the first two months but didn't announce to the public because if they did, there would be NO WAY the unions would play ball on the new contracts....
That last sentence is only a guess, not fact. The first sentence is fact.
safe



If two people agree on EVERYTHING, then one isn't necessary.
User currently offlineEzra From United States of America, joined Mar 2000, 474 posts, RR: 2
Reply 5, posted (10 years 2 months 2 weeks 6 days 12 hours ago) and read 1253 times:

Originally posted by Isitsafenow:
What bothers me about the airline I patronize the most is that in January and February, NW did not post profit and lose statements but did announce their loads and load factors vs. last year same dates.

Isn't in the custom in this industry to release load information monthly, and financials quarterly? Of course, I have no idea whether NW is on a calendar year. Anyone know more about this?


User currently offlineBoeing757/767 From United States of America, joined Jun 1999, 2282 posts, RR: 1
Reply 6, posted (10 years 2 months 2 weeks 6 days 12 hours ago) and read 1241 times:

There is NO WAY NW or any airline would "hide" profits to get the unions to the table. It's illegal and the SEC would be at your door.

NW, like other companies, is required to file only quarterly profit and loss statements. The exception is UA and other companies in bankruptcy -- they provide financial results monthly.

NW, like other carriers, posts monthly traffic information.



Free-thinking, left-leaning secularist
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