NWA makes $170M

[Colonel Savage]

Now that's funny!

Please don't encourage him.

 

[FDJ2]

That's certainly great news. :beer:

 

[Quimby]

You have it backwards - they are intentionally trying to show a loss so as to convince everyone they have to merge to save money.

NWA: its second-quarter net loss amounted to $377 million,.....Northwest said it would have earned $170 million for the most recent quarter if not for a non-cash accounting charge of $547 million. It also benefited from a $250 million fuel hedging gain

Northwest ended the quarter with $3.3 billion in unrestricted liquidity.

DAL: reported a $1 billion quarterly loss, but was profitable before special charges,........took a $1.2bn charge during the second quarter to write down the value of goodwill and other intangibles.......Excluding the charges, Delta said it earned $137 million, or 35 cents per share. hedged 49 percent of its fuel consumption and realized $313 million in gains in the quarter

Delta expects to end the year with liquidity of $3.2 billion, including $1 billion under a revolving credit facility.

.......just wait til the hedges run out!:smash:

 

[bravodude]

Hell of a job this Q. Makes you wonder once the combo is complete, how other airlines will compete?

imp:​

http://biz.yahoo.com/ap/080723/earns_northwest.html?.v=1

maybee now the pilots will have the #@lls to stand up to mgt. and get their paycuts back!

 

[Tanker Clown]

maybee now the pilots will have the #@lls to stand up to mgt. and get their paycuts back!

Not if they're getting together with Delta guys. Those folks don't even have a union.

 

[MJ42]

maybee now the pilots will have the #@lls to stand up to mgt. and get their paycuts back!

And MAYBE someday you'll be able to spell better than a 3rd grader.

BTW, have you seen the new JCBA pay rates? We could have done better, but when most other Majors are taking pay cuts and furloughing, we are getting raises.

 

[ACL65PILOT]

Fact is that DAL does not want to hedge fuel. They just want the fuel to be a secondary charge to all tickets. Yes, it is a dream, but one that they are working towards.
Fact is that DAL and NWA both made operational profits this quarter. That says a lot for these two companies.

 

[Tanker Clown]

It says you are underpaid. Sad when a DAL capt makes less than a 3rd year SWA FO.

 

[FLYLOW22]

How can NWA make a profit with all of those old airplanes?

NWA is keeping the compamny looking attractive for the DAL/NWA merger.

DAL will be the surviving carrier so they are hiding the cash.

AA is hiding the cash.

CAL is hiding the cash.

US really does suck that badly.

 

[Superpilot92]

NWA is keeping the compamny looking attractive for the DAL/NWA merger.

DAL will be the surviving carrier so they are hiding the cash.

AA is hiding the cash.

CAL is hiding the cash.

US really does suck that badly.

I am pretty sure NWAredtail was being sarcastic