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Northwest Airlines Reports Second Quarter 2007 Results.

Publication: M2 Presswire
Publication Date: 31-JUL-07
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-31 July 2007-EXPLORATIONINVESTOR.com: Northwest Airlines Reports Second Quarter 2007 Results(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:31072007

Exploration Investor strives to provide you with outstanding market results. We will be your number one resource for all your small and large cap needs. While working to keep you in touch with market activity, we also will keep you updated on the latest press. Today, July 31st we have identified, Northwest Airlines Corporation (NYSE:NWA) due to the attention they received after this recent corporate developments.

Northwest Airlines Corporation (NYSE:NWA) 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.

Doug Steenland, president and chief...

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