Northwest Airlines Reports Second Quarter 2007 Results
Tuesday July 31, 8:33 am ET
Pre-Tax Profit of $273 Million, Excluding Reorganization Items
EAGAN, Minn.--(BUSINESS WIRE)--Northwest Airlines Corporation (NYSE:NWA - News) today reported a net profit of $2.15 billion for the second quarter of 2007. This compares to a second quarter 2006 net loss of $285 million. Excluding reorganization items, Northwest reported a second quarter pre-tax profit of $273 million, compared to a pre-tax profit of $179 million in the second quarter of last year.
Excluding reorganization items and a $6 million out of period mark-to-market loss on fuel hedges, Northwest reported an 8.8 percent second quarter pre-tax margin. For the first half of 2007, Northwest reported a $373 million pre-tax profit before reorganization items.
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Tuesday July 31, 8:33 am ET
Pre-Tax Profit of $273 Million, Excluding Reorganization Items
EAGAN, Minn.--(BUSINESS WIRE)--Northwest Airlines Corporation (NYSE:NWA - News) today reported a net profit of $2.15 billion for the second quarter of 2007. This compares to a second quarter 2006 net loss of $285 million. Excluding reorganization items, Northwest reported a second quarter pre-tax profit of $273 million, compared to a pre-tax profit of $179 million in the second quarter of last year.
Excluding reorganization items and a $6 million out of period mark-to-market loss on fuel hedges, Northwest reported an 8.8 percent second quarter pre-tax margin. For the first half of 2007, Northwest reported a $373 million pre-tax profit before reorganization items.
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