Printer Friendly

Company Watch - Northwest Airlines.

Dec 4, 2006

Northwest Airlines reported a $37 million consolidated October profit on $1.03 billion in revenues. Year-ago figures were not available, but the airline did lose $346 million in the six weeks following its entry into bankruptcy on Sept. 14, 2005. NWA's October expenses came to $980 million and its operating profit was $52 million. It has forecast a "modest profit" for 2006 excluding reorganization items. Dec 4, 2006

Northwest Airlines flight attendants, represented by the Assn. of Flight Attendants, argued in a US appeals court this week for the right to strike over management's imposition of $195 million in annual concessions. A federal judge issued an injunction in September preventing the flight attendants from engaging in work actions and the National Mediation Board subsequently ordered the two sides back to the negotiating table. But AFA told the appeals court that NWA's imposition of cuts despite flight attendants' rejection of two tentative concessionary agreements gives workers the right to work actions. NWA said it is seeking an agreement with 7,300 flight attendants but argued that any work action would violate US laws governing airline labor relations. It is not known when a ruling will be issued. Nov 30, 2006

Mesaba Airlines, a regional partner of Northwest Airlines, reached a truce with its pilots, flight attendants and mechanics who ratified contracts intended to reduce the carrier's labor costs by some 15%. The tentative agreements, reached four weeks ago, came after months of acrimonious wrangling between Mesaba management and union leaders from the Air Line Pilots Assn., Assn. of Flight Attendants and Aircraft Mechanics Fraternal Assn. The ALPA agreement passed with a 68.4% affirmative vote, AFA's with 82% and AMFA's with 65%. Mesaba President and COO John Spanjers acknowledged that employees had made "considerable sacrifice" to ensure the company's survival and added, "I am confident we will see brighter days ahead." Nov 29, 2006

Northwest Airlines said it will not renew interline agreements with approximately 50 carriers that do not have plans to offer interline e-ticketing when the accords expire on Jan. 1. NWA currently offers interline e-ticketing with 43 airlines and said, "interline agreements are the final phase in our effort to offer the many benefits of e-ticketing to all of our customers worldwide." It said the 50 carriers "involve a small volume of interline activity" and it will consider new agreements with them if they agree to a satisfactory alternative like Worldspan's e-ticket interchange product. Nov 28, 2006 Editor: Aram Gesar, eMail: edit@AirGuideOnline.com

For more global news, reviews, features and analysis, please go to: http://www.airguideonline.com/onlinenews.htm

To Subscribe to our Newsletters: http://www.airguideonline.com/order_formsubs.htm#news

To Advertise: advert@AirGuideOnline.com

Nov 13, 2006
COPYRIGHT 2006 Pyramid Media Group, Inc
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Publication:Airguide Online
Date:Dec 4, 2006
Words:457
Previous Article:Company Watch - Lufthansa.
Next Article:Company Watch - Qantas Airways.
Topics:


Related Articles
Company Watch July 2005.
Company Watch August 2005.
Company Watch September 2005.
Company Watch - Northwest Airlines.
Airline Finance News - North America.
Company Watch - Northwest Airlines.
Company Watch - Northwest Airlines.
Company Watch - Northwest Airlines.
Company Watch -- Northwest Airlines.

Terms of use | Privacy policy | Copyright © 2019 Farlex, Inc. | Feedback | For webmasters