Company Watch - Northwest Airlines.Aug 6, 2007 Northwest Airlines and its pilots made a deal Wednesday that would ease pilots' workloads in an effort to stop the end-of-the-month cancellations that have plagued the airline. Northwest was forced to cancel hundreds of flights at the ends of June and July because it couldn't find enough pilots. The airline had said more pilots than usual weren't showing up for work; pilots said they were overworked under a new, tougher schedule implemented under bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most . Aug 2, 2007 Northwest Airlines and the union representing its pilots have reached a tentative tentative, adj not final or definite, such as an experimental or clinical finding that has not been validated. deal that may prevent spikes spikes see peplomer. in the airline's flight cancellations like those seen in late June and late July, the airline said on Wednesday. The airline said it obtained contractual changes on several work rules pertaining per·tain intr.v. per·tained, per·tain·ing, per·tains 1. To have reference; relate: evidence that pertains to the accident. 2. to international flying, and the settlement of outstanding grievances. In exchange, Northwest agreed to reinstate To restore to a condition that has terminated or been lost; to reestablish. To reinstate a case, for example, means to restore it to the same position it had before dismissal. premium pay of 50 percent for all pilots for any flying over 80 hours, effective August 1. The agreement is subject to ratification The confirmation or adoption of an act that has already been performed. A principal can, for example, ratify something that has been done on his or her behalf by another individual who assumed the authority to act in the capacity of an agent. by the Northwest Air Line Pilots Association Master Executive Council. Aug 2, 2007 Northwest Airlines said it has proposed a Summer Reliability Incentive Program under which all contract employees, including pilots, will receive incentive pay equal to 15 percent of eligible earnings up to USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. $1,000 if they achieve perfect attendance between August 4 and September 3. That proposal also is subject to ratification by the pilots' union. Aug 2, 2007 Northwest Airlines will hire hundreds of pilots and reduce its flight schedule in a bid to avoid the end-of-the-month troubles that it endured in June and July, the company said. However, experts say the changes won't have an impact until after Labor Day Labor Day, holiday celebrated in the United States and Canada on the first Monday in September to honor the laborer. It was inaugurated by the Knights of Labor in 1882 and made a national holiday by the U.S. Congress in 1894. . Aug 2, 2007 Northwest Airlines reported a second-quarter profit that was inflated by reorganization items, reversing a year-ago loss. Northwest, which completed a bankruptcy reorganization in May, said on Tuesday profit was USD$2.15 billion, compared with a loss of USD$285 million a year earlier. Excluding items related to its reorganization, Northwest said it earned USD$273 million in the quarter, compared with a profit of USD$179 million in the year-ago period. Aug 1, 2007 Northwest Airlines said its operating revenue operating revenue Revenue from any regular source. Revenue from sales is adjusted for discounts and returns when calculating operating revenue. Compare other revenue. slipped 3.3 percent in the quarter to USD$3.2 billion. Northwest said it paid USD$849 million for fuel, a 4.2 percent decline in its biggest expense. The company's labor costs declined 8.6 percent to USD$617 million. Northwest suffered an unusually high number of flight cancellations in the last few days of June, blaming a spike A burst of extra voltage in a power line that lasts only a few nanoseconds. See power surge, power swell, sag and surge suppression. (jargon) spike - To defeat a selection mechanism by introducing a (sometimes temporary) device that forces a specific result. in pilot absenteeism ab·sen·tee·ism n. 1. Habitual failure to appear, especially for work or other regular duty. 2. The rate of occurrence of habitual absence from work or duty. . The problem recurred in July. The airline says it cannot explain the high rate of absences, but the union representing the pilots says the airline simply has too few pilots operating the busy summer schedule. Aug 1, 2007 Northwest Airlines spokesman said on Monday the carrier completed about 92 percent of its scheduled flights scheduled flight schedule n → vol régulier scheduled flight schedule n → Linienflug m from July 27-29 compared with the rate of about 99 percent that is more typical for the airline. A surge in cancellations cost Northwest USD$25 million in lost revenue in the second quarter. Northwest suffered the extraordinarily high cancellation rates at the end of the last two months, blaming the problem on "pilot absenteeism." The airline has not given a reason for the absences. The Air Line Pilots Association, however, said absenteeism is not the problem. Rather, it said, the cancellations result from the airline having too few pilots to work the busy summer flying schedule. Aug 1, 2007 Northwest proposes pilot incentives. Northwest Airlines has come to the bargaining table in hopes of ending the staffing troubles that have forced hundreds of flight cancellations. The carrier and the pilots' union tentatively ten·ta·tive adj. 1. Not fully worked out, concluded, or agreed on; provisional: tentative plans. 2. Uncertain; hesitant. agreed on incentives that will reward pilots flying more than 80 hours per month, those with perfect attendance and those who help train new employees. Aug 1, 2007 A surge in Northwest Airlines cancellations recently comes at a particularly bad time for the airline, which is trying to build momentum for its recovery after a 20 month bankruptcy reorganization that ended in May. Northwest suffered a similar surge in cancellations in late June. In a note to employees on Friday, Chief Executive Doug Steenland said the carrier is cutting its August flight schedule, recalling furloughed pilots and planning to hire more pilots. Northwest is set to report is second-quarter earnings on Tuesday. Jul 31, 2007 Although Northwest's finances improved out of bankruptcy, it has been plagued by operating problems. It has had to cancel hundreds of flights at the end of June and July because it couldn't provide enough pilots for its planes. The airline said those problems cost it $25 million during the second quarter. The airline might consider only carrying cargo, where it makes profits, and give up on passenger flights since it does not have a clue how to serve the traveling public. Jul 31, 2007 Northwest Airlines cancelled hundreds of flights over the past four days as it continues to contend with high levels of pilot absenteeism The carrier, which emerged from bankruptcy at the end of May, has announced plans to slash domestic mainline mainline Drug slang verb To inject a drug capacity by 4% in August and hire new pilots. It will release its second-quarter financial results today. Pilots have expressed concern over bonuses given to senior executives upon emergence from Chapter 11. Jul 31, 2007 Northwest Airlines, which emerged from bankruptcy protection on May 31, said on Tuesday that it earned $273 million during its second quarter before accounting boosts related to its reorganization. Including reorganization items Northwest earned $2.15 billion, or $8.20 per share, during the quarter that ended June 30. Northwest's finances benefited from $1.94 billion in reorganization items during the quarter, which included two months operating under bankruptcy protection and one month after it emerged. Jul 31, 2007 Northwest's Flight Cancellation Rate Soars. Northwest Airlines canceled an unusually high number of flights over the weekend, blaming a spike in pilot absenteeism for the disruption disruption /dis·rup·tion/ (dis-rup´shun) a morphologic defect resulting from the extrinsic breakdown of, or interference with, a developmental process. . Northwest said it could not give a reason for the high rate of absenteeism, but the union representing the pilots has linked it to inadequate staffing during the peak summer travel season. A Northwest spokesman said the carrier completed about 92 percent of its scheduled flights on Friday and Saturday compared with about 99 percent which is more typical for the airline. Jul 31, 2007 Northwest Airlines' pattern of cancellations continued Sunday, with more than 200 flights dropped as pilots who were pushed to the limit of hours they are allowed to fly each month stayed home from work. The airline blamed the pilots, who in turn blamed the airline for failing to address staff shortfalls after it canceled more than 2,000 flights in June, many of them toward the end of the month. Passengers suffered again Sunday, especially at Detroit Metro Airport. Jul 30, 2007 Northwest Airlines WorldVacations is expanding the product with four new destinations: San Francisco/Napa Valley, Arizona, Florida and Jamaica. Joining Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , Cancun and the Riviera Maya "Riviera Maya" is a tourism district following the highway 307 of Quintana Roo, Mexico. It historically started at Playa del Carmen and ended at Tulum pueblo, though the towns of Puerto Morelos to the north of Playa del Carmen and Felipe Carrillo Puerto inland are both currently , these four cities have been identified by NWA NWA Northwest Airlines (ICAO code) NWA Northwest Arkansas NWA National Wrestling Alliance NWA National Weather Association NWA National Works Agency (Jamaica) NWA Network Analyzer WorldVacations as top luxury destinations with an abundance of high-end product, the company said. Benefits of booking the Lifestyle Collection include first-class air and private limousine transfers, luxury accommodations and private excursions, as well as access to VIP services and amenities. "Our luxury products have been very well received by our customers and travel agent partners and have been steadily gaining in popularity since their launch last year," said Ken Pomerantz, president and chief marketing officer of MLT (MultiLink Trunking) See port aggregation. Vacations, a subsidiary of NWA. Jul 30, 2007 Close to one year after the launch of its luxury line, "Lifestyle Collection," Northwest Airlines NWA WorldVacations is expanding the product with four new destinations: San Francisco/Napa Valley, Arizona, Florida and Jamaica. Jul 30, 2007 Editorial eMail: edit@AirGuideOnline.com For Air Transport & Travel Business Experts contact our Director of Content Aram Gesar eMail: bizintel@AirGuideOnline.com For more global news, reviews, features and analysis, please subscribe to Verb 1. subscribe to - receive or obtain regularly; "We take the Times every day" subscribe, take buy, purchase - obtain by purchase; acquire by means of a financial transaction; "The family purchased a new car"; "The conglomerate acquired a new company"; our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news To Advertise: advert@AirGuideOnline.com AirGuideFlightTracker is a new service that keeps travelers informed on flight and airport status via the Web. 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