SESGDL From United States of America, joined Jan 2001, 3489 posts, RR: 10
Reply 1, posted (10 years 2 months 1 week 1 day 9 hours ago) and read 2841 times:
It's not that bad. Compare NW's loss of $46 million with AA's loss of $214 million or DL's loss of $651 million and those are bad. But Q3 is the strongest quarter for the airlines, so expect an even bigger Q4 loss. There's still a LOT of work to be done before the majors even get close to being profitable.
KITH From United States of America, joined Mar 2004, 379 posts, RR: 1
Reply 2, posted (10 years 2 months 1 week 1 day 9 hours ago) and read 2752 times:
Well, im more and more glad I bought some of NWAC last week. NW, I think is positioned best of all the majors (even CO). They have a huge amount of cash built up and there route network is strong/mostly safe from LCC's. Although not making money, there doing OK. -Matt in KITH
Hz747300 From Hong Kong, joined Mar 2004, 1711 posts, RR: 1
Reply 3, posted (10 years 2 months 1 week 1 day 9 hours ago) and read 2730 times:
Actually, $46M is no ouch compared to the rest of the industry!!!
Especially when you consider it's competition. Sure they may compete with WN on some routes, but their true competition lies in their ability to transport passengers from Phoenix to London. The other airlines that can do this are:
When you consider the results of those carriers, NWAC's results ain't half bad!
Burnsie28 From United States of America, joined Aug 2004, 7565 posts, RR: 8
Reply 5, posted (10 years 2 months 1 week 1 day 7 hours ago) and read 2531 times:
Ouch, not hardly, if you look, NW and CO on on their way back to consistant profits, heck they are cutting their losses in nearly half each quarter. I expect to see a small loss on Q4 for each and profits beginning next year.
"Some People Just Know How To Fly"- Best slogan ever, RIP NW 1926-2009
N1120a From United States of America, joined Dec 2003, 26815 posts, RR: 75
Reply 6, posted (10 years 2 months 1 week 1 day 7 hours ago) and read 2516 times:
NW is in good shape, considering that they kept their dividend up even in this economy. That says they are confident they will be making money soon. CO is doing even better, but both should be profiting again soon
Mangeons les French fries, mais surtout pratiquons avec fierte le French kiss