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Northwest Airlines Corp. Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you, ladies and gentlemen we’ll now proceed with the analyst portion of the question and answer session. Operator Instructions And our first question comes from the line of Jamie Baker with JP Morgan, please proceed. Jamie Morgan – JP Morgan Good morning everybody. Douglas Steenland Good...
NWA Makes Deal With Pilots to Decrease Flight Cancellations
Northwest Airlines has reached a tentative agreement with its pilots, addressing the post-bankruptcy staffing issues that resulted in excessive flight cancellations and many unhappy customers. Effective August 1, the deal gives pilots time-and-a-half for monthly hours beyond 80 (which had recently been increased to 90) and rewards them with a...
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Northwest Airlines and Delta Air Lines to Kick off Breast Cancer Awareness Month with Arrival of Pink Plane
Employees from Northwest and Delta on hand to raise awareness and kick off fund-raising effort Northwest Airlines (NYSE: NWA): [TABLE OMITTED] Members of the media who are attending should arrive at Northwest Airlines building C, 7500 Airline Drive, Minneapolis, for escort to hangar 4...
Man claims to have explosives in luggage at Denver airport
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD A male passenger that claimed to be carrying explosives on a flight operated by Northwest Airlines at Denver airport on Saturday (27 September) is being held in custody. The flight, which was en-route to Minneapolis and was carrying approximately 140...
Delta and Northwest stockholders vote in favour of merger
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Delta Air Lines (NYSE:DAL) and Northwest Airlines (NYSE:NWA) have announced that shareholders of both airlines have approved the proposed merger of the companies. Shareholders of Delta approved the issuance of 1.25 shares of Delta common stock for each outstanding share...
Shareholders approve merger of Delta, Northwest
Delta Air Lines Inc. and Northwest Airlines Corp. shareholders gave the go-ahead Thursday to a combination that would create the world's biggest carrier, deciding that given the volatile industry, they like their chances better together than on their own. The stock-swap deal announced April 14 still requires...
Airline merger to be voted on today
With little doubt about the outcome, Delta Air Lines Inc. and Northwest Airlines Corp. prepared to make their case to shareholders on why they should approve a combination that would create the world's biggest carrier and swallow whole an 82-year-old company in the process. Northwest shareholders were...
Northwest shareholders vote on Delta merger
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Northwest Airlines (NYSE:NWA) has announced that, at its 2008 Annual Meeting in New York City today (25 September), stockholders have voted in favour of the proposed merger with Delta Air Lines (NYSE:DAL). As of the record date for the vote,...
NWA Shareholders Vote in Favor of Merger with Delta Air Lines
EAGAN, Minn. -- Stockholders at the Northwest Airlines Corporation (NYSE: NWA) 2008 Annual Meeting in New York City today overwhelmingly voted in favor of the proposed merger with Delta Air Lines. As of July 31, 2008, the record date for the vote, there were 253,349,623 shares of Northwest...
U.S. Federal Bar Association Names KLM's Paul Mifsud Transportation Lawyer of the Year
EAGAN, Minn. -- Northwest Airlines today announced Paul Mifsud, vice president of government and legal affairs for its joint venture partner, KLM Royal Dutch Airlines, is a recipient of the U.S. Federal Bar Association's "Transportation Lawyer of the Year" Award. Mifsud, an accomplished international aviation attorney and founder...
Delta, Northwest unions tackle executive councils
Delta Air Lines Inc. and Northwest Airlines Corp. pilot union leaders are developing a plan for meshing their executive councils, as their companies prepare to merge by year's end to form the world's biggest carrier. The two master executive councils met in Chicago on Sunday to discuss...
Air China announces new appointment
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Air China Limited has reported the appointment of Dr Zhihang Chi as vice president and general manager of North America. In the role Chi will have responsibility for all areas of the airline's operations in North America. Chi...
FAA clears Delta/Northwest plan for transition to single operating certificate
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD The US Federal Aviation Administration FAA has approved a plan submitted by Delta Air Lines (NYSE: DAL) and Northwest Airlines (NYSE: NWA) for transition to a single operating certificate. The airlines intend to work towards achieving a single operating certificate...
BellwetherReport.com Analyst Opinions on CVX, GGP, NCC and NWA
BellwetherReport.com is the leading onlinefinancial newsletter for investors seeking top independent and unbiasedresearch. Investors seeking free and unbiased analyst opinions on thecompanies mentioned in this release are encouraged to sign up to www.bellwetherreport.com for a free subscription to access these reports.Today, we have once again scheduled interviews with a...
Sojern Wins 2008 OMMA Award for Online Advertising Creativity in Content Integration
NEW YORK -- Sojern, a provider of destination specific information and special offers via the boarding passes that travelers obtain through the airline's online check-in process, was recognized with a 2008 OMMA Award for its online advertising creativity in the content integration category. The winners were announced last night in...
NWA Cargo announces fuel saving initiatives
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD NWA Cargo, a subsidiary of Northwest Airlines (NYSE:NWA), has announced the replacement of engines on five of its freighter aircraft as part of Northwest's NWA EarthCares programme. The engines will be replaced with more fuel efficient and higher performance engines,...
Corporate Social Responsibility Weekly Recap
NEW YORK -- The following releases focus on Corporate Social Responsibility and moved during the week of September 10 - September 17, 2008. ALL TIME-OFFS ARE IN EASTERN TIME EAGAN, Minn. -- NWA Cargo Unveils Greening Initiatives (September 17, 2008 01:57 PM) Source: Northwest Airlines ...
Company Watch - Delta Air Lines
Aug 31, 2008 Delta Air Lines said on Tuesday it has borrowed the entire amount of its USD$1 billion revolving credit facility and amended its credit card processing agreement to strengthen its financial position. In a letter to employees, Delta Chief Financial Officer Ed Bastian said each move...
Analyst Reports for Bristol-Myers Squibb Company, Merck & Co. Inc., Idearc Inc., and Northwest Airlines Corporation
MaybachFinancial.com is one of the fastest growingindependent and unbiased research firms in the world. Through our numerouspartnerships with many of the top investment minds in the world, we provideresearch on companies making a move in the markets. Investors seekinggenuine analyst opinions on their investments for Bristol-Myers SquibbCompany (NYSE: BMY), Merck...
Airport Check-in
Correction ran 8/26/2008: Contrary to a story Monday, Northwest Airlines does serve Denver International Airport. MINNEAPOLIS Northwest nukes anti-nuke ad Northwest Airlines, the official airline of the Republican National Convention, has ordered an airport advertising firm to pull down an anti-nuclear weapons billboard ad...
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- Incorporated: 1989
- CEO: Mr. Douglas M. Steenland
Northwest Airlines is a holding company. Co.'s principal subsidiary, Northwest Airlines, Inc., is engaged in the business of transporting passengers and cargo. Co.'s global airline network includes domestic hubs at Detroit, Minneapolis/St. Paul and Memphis, a Pacific route system with a hub in Tokyo, a domestic and international alliance with Continental and Delta, a global airlines alliance with KLM, Continental, Delta, Air France, Alitalia, Aeroméxico, and Korean Air, and a cargo business that includes a fleet of freighter aircraft that operate through hubs in Anchorage and Tokyo. As of Dec 31 2007, Co. served about 239 cities in 21 countries in North America, Asia and Europe.
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Northwest Airlines Corp. Company Info
Board of Directors
Mr. Gary L. Wilson
Chairman
Mr. Leo Van Wijk
Mr. Ray W. Benning Jr.
Mr. J. Timothy Griffin
Mr. George J. Kourpias
Mr. Roy J. Bostock
Mr. John M. Engler
Mr. Robert L. Friedman
Ms. Doris Kearns Goodwin
Mr. Dennis F. Hightower
Mr. Jeffrey G. Katz
Mr. Frederic V. Malek
Mr. Douglas M. Steenland
Contact Information
2700 Lone Oak Parkway
Eagan, MN
612 726-2111
