Northwest Airlines management expects to reach "a consensual agreement" on a cost-saving deal with its pilots this fall, President Doug Steenland told an investment conference June 15. Noting that the Air Line Pilots Assn.-related workgro Northwest Airlines management expects to reach "a consensual ...
With the oldest fleet among the US Majors and no fuel hedges, NWA was particularly exposed to the surge in oil prices following Katrina, which sent jet fuel above $2 per gallon. "We can no longer continue to incur sizeable losses and reduction With...
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...
EAGAN, Minn. -- Northwest Airlines (NYSE: NWA) today announced that Andrew Roberts, executive vice president of operations and CEO - regional airlines, will join Habitat for Humanity as a loaned executive effective August 1, 2008. Roberts played a critical role in leading the Company's operating departments through its...
WASHINGTON AFP — US carrier Northwest Airlines announced Wednesday that it was cutting 2,500 jobs in a move it blamed on rocketing crude oil prices. Northwest said it would also start charging fees for a first checked bag and for frequent flier award tickets among other...
NWA Matches Competitors with Fees for 1st Checked Bag, Frequent Flier Award Tickets, and Ticket Changes EAGAN, Minn. -- Northwest Airlines (NYSE: NWA) today announced it will reduce its frontline and management employees by 2,500 as a result of capacity reductions taken to address the...
Steenland to call for further oversight and regulation of speculative trading of oil futures to help ease industry's extraordinary fuel costs Northwest Airlines (NYSE:NWA): [TABLE OMITTED]
Steenland details the impact of surging oil prices on airline industry; calls for greater regulation of oil speculators EAGAN, Minn. -- Northwest Airlines (NYSE: NWA) CEO Doug Steenland told members of Congress that surging oil prices are severely challenging the airline industry - and unregulated...
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Northwest Airlines (NYSE:NWA) has said that it will make further capacity reductions in the fourth quarter of 2008 because of the extremely high cost of fuel. The airline previously announced planned service cuts in April and has...
EAGAN, Minn. -- Northwest Airlines (NYSE: NWA) today announced further capacity reductions for the fourth quarter of 2008 in response to the high cost of fuel. At the Merrill Lynch Global Transportation Conference, Northwest CEO Doug Steenland plans to detail how Northwest Airlines is responding...
WASHINGTON AFP — Northwest Airlines on Tuesday joined other major US carriers in cutting flights in response to skyrocketing fuel bills. The airline, which is on track to merge with Delta Air Lines, said it would reduce its system mainline capacity, including domestic and international flights,...
EAGAN, Minn. -- This week in Washington, D.C., Northwest Airlines (NYSE: NWA) President and CEO Doug Steenland commended U.S. Representative Steve Kagen (D-WI) for his role in helping a passenger who fainted on a Northwest Airlines flight. Kagen, who is also a physician, was on a flight to...
EAGAN, Minn. -- Northwest Airlines (NYSE: NWA) today announced that Neal Cohen, executive vice president - strategy, international and CEO regional airlines, will leave the Company effective June 16, 2008. Cohen returned to Northwest in May 2005 as executive vice president and chief financial officer. He played a...
WASHINGTON -- A double-header of hearings Thursday gave the chief executives of Delta Air Lines Inc. and Northwest Airlines Corp. a sampling of the skepticism and scrutiny their proposed combination faces on Capitol Hill. Delta CEO Richard Anderson and Northwest CEO Doug Steenland first told House and...
WASHINGTON -- Domestic airlines need to raise fares by 15 percent to 20 percent just to break even at current fuel prices, the chief executive of Delta Air Lines, which seeks to acquire Northwest Airlines, said Tuesday. "An airline ticket has got to reflect the full cost...
MINNEAPOLIS -- Northwest Airlines said it would boost the payout for Chief Executive Doug Steenland if he stays until the carrier finishes its combination with Delta Air Lines. The new agreement also takes away a financial incentive for Steenland to leave in June. Northwest...
Delta and Northwest executives said Tuesday that Salt Lake City is one of four U.S. cities with a high number of overlapping routes that could be affected by a merger between the two carriers. "Only 2 percent of Delta's seats are in direct competition with Northwest, and...
To hear old buddies Richard Anderson and Doug Steenland talk, the proposed merger of Delta and Northwest airlines not only will sail through the usually tough antitrust review process, it'll usher in a new era of airline prosperity and easy consumer access to the world. Anderson, Delta's CEO,...
A marriage of Delta Air Lines and Northwest Airlines might be only the starting gun for a final round of consolidation 30 years after deregulation. "There's no doubt that all their big competitors will have to respond" with deals of their own, says Darryl Jenkins, who worked on...
M2 PRESSWIRE-4 April 2008-Northwest Airlines: Northwest Airlines Announces Revenue Enhancements and Capacity Reductions in Reponse to Extraordinary Fuel CostsC1994-2008 M2 COMMUNICATIONS LTD RDATE:03042008 EAGAN, Minn -- Northwest Airlines (NYSE: NWA) today announced several actions that are in response to...
Articles 2008-04-04
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