nwa passenger traffic continues decline

[Don Smith]

Northwest Airlines Corp. said Wednesday it flew fewer miles in June than it did a year earlier. But the planes it flew were generally more full.

The Eagan-based carrier flew 7.01 billion revenue passenger miles in June, down 8.7 percent from 7.68 billion a year ago. Each revenue passenger mile represents one paying passenger flown one mile.
The airline flew 7.88 billion available seat miles in June, down 11.1 percent from 8.87 billion a year earlier. Each seat mile represents a mile flown, whether a passenger occupied the seat or not.

Load factor, a measure of how full the planes are, was 88.9 percent in June, up from 86.6 percent from the same month the year before.

Northwest (Pink Sheets: NWACQ) scaled back its flying operations when it entered Chapter 11 bankruptcy protection last September. On a percentage basis, Northwest has cut its schedule more than any other airline.

 

[Don Smith]

Northwest Airlines Corp. said Wednesday it flew fewer miles in June than it did a year earlier. But the planes it flew were generally more full.

The Eagan-based carrier flew 7.01 billion revenue passenger miles in June, down 8.7 percent from 7.68 billion a year ago. Each revenue passenger mile represents one paying passenger flown one mile.
The airline flew 7.88 billion available seat miles in June, down 11.1 percent from 8.87 billion a year earlier. Each seat mile represents a mile flown, whether a passenger occupied the seat or not.

Load factor, a measure of how full the planes are, was 88.9 percent in June, up from 86.6 percent from the same month the year before.

Northwest (Pink Sheets: NWACQ) scaled back its flying operations when it entered Chapter 11 bankruptcy protection last September. On a percentage basis, Northwest has cut its schedule more than any other airline.

Just for a clarification of a fact, nwa scaled back its flight schedule on August 20, 2005. According to the nwa spin doctor it was a scheduled "fall schedule" event. In no way should it have been construed as a knee-jerk reaction to the mechanics (represented by the AMFA) strike. nwa mechanics are STILL ON STRIKE. Just thought I'd bring up that FACT again.
But back to the news item in the St. Paul Business Journal (not affiliated with the nwa owned papers of MSP)...The airline is losing $85M per month and it's strategy of reducing the number of seat miles it flies has done absolutely nothing to hedge the rapid decline. I'm sure Dougie is clucking his tongue wondering why his pep talk to the employee groups and his BK strategy aren't working? Maybe the strategy IS working and he's getting it exactly the way he wants it. Remember...he gets paid no matter what happens :down:

 

[Ralph_78]

Just for a clarification of a fact, nwa scaled back its flight schedule on August 20, 2005. According to the nwa spin doctor it was a scheduled "fall schedule" event. In no way should it have been construed as a knee-jerk reaction to the mechanics (represented by the AMFA) strike. nwa mechanics are STILL ON STRIKE. Just thought I'd bring up that FACT again.
But back to the news item in the St. Paul Business Journal (not affiliated with the nwa owned papers of MSP)...The airline is losing $85M per month and it's strategy of reducing the number of seat miles it flies has done absolutely nothing to hedge the rapid decline. I'm sure Dougie is clucking his tongue wondering why his pep talk to the employee groups and his BK strategy aren't working? Maybe the strategy IS working and he's getting it exactly the way he wants it. Remember...he gets paid no matter what happens :down:

All I know is that NWA lost $88 million in May. Best of luck to all the employes. http://today.reuters.com/news/articlehybri....XML&rpc=11

 

[Don Smith]

All I know is that NWA lost $88 million in May. Best of luck to all the employes.

Thanks Ralph.

 

[Spock]

Just for a clarification of a fact, nwa scaled back its flight schedule on August 20, 2005. According to the nwa spin doctor it was a scheduled "fall schedule" event. In no way should it have been construed as a knee-jerk reaction to the mechanics (represented by the AMFA) strike. nwa mechanics are STILL ON STRIKE. Just thought I'd bring up that FACT again.
But back to the news item in the St. Paul Business Journal (not affiliated with the nwa owned papers of MSP)...The airline is losing $85M per month and it's strategy of reducing the number of seat miles it flies has done absolutely nothing to hedge the rapid decline. I'm sure Dougie is clucking his tongue wondering why his pep talk to the employee groups and his BK strategy aren't working? Maybe the strategy IS working and he's getting it exactly the way he wants it. Remember...he gets paid no matter what happens :down:

Don: If it was any other business, the front office would be fired by now. Why is it the NFL, NBA, NHL can do it.

 

[Ralph_78]

Here's some info about June traffic for NWA. http://money.cnn.com/services/tickerheadli..._____CGW048.htm

Sorry I just gave you the enire link for the story and I do not know how to delete the entire post.

Ralph

 

[PurduePete]

The trend continues - here's July's data...

http://www.prnewswire.com/cgi-bin/stories....0541&EDATE=

EAGAN, Minn., Aug. 4 /PRNewswire-FirstCall/ -- Northwest Airlines (OTC:
NWACQ) today announced a July consolidated (mainline and regional) load
factor of 88.1 percent, 1.6 points above July 2005. Northwest reported a
mainline load factor of 89.1 percent, 1.6 points above July 2005.

In July 2006, Northwest and Northwest Airlink regional carriers flew
7.31 billion consolidated revenue passenger miles (RPMs) and 8.3 billion
consolidated available seat miles (ASMs), a traffic decrease of 9.4 percent
and a capacity decrease of 11.1 percent versus July 2005.
Northwest flew 6.83 billion mainline revenue passenger miles and 7.66
billion mainline available seat miles in July 2006, a traffic decrease of
8.7 percent and a capacity decrease of 10.3 percent versus July 2005.

 

[jenny@nw]

The trend continues - here's July's data...

http://www.prnewswire.com/cgi-bin/stories....0541&EDATE=

EAGAN, Minn., Aug. 4 /PRNewswire-FirstCall/ -- Northwest Airlines (OTC:
NWACQ) today announced a July consolidated (mainline and regional) load
factor of 88.1 percent, 1.6 points above July 2005. Northwest reported a
mainline load factor of 89.1 percent, 1.6 points above July 2005.

In July 2006, Northwest and Northwest Airlink regional carriers flew
7.31 billion consolidated revenue passenger miles (RPMs) and 8.3 billion
consolidated available seat miles (ASMs), a traffic decrease of 9.4 percent
and a capacity decrease of 11.1 percent versus July 2005.
Northwest flew 6.83 billion mainline revenue passenger miles and 7.66
billion mainline available seat miles in July 2006, a traffic decrease of
8.7 percent and a capacity decrease of 10.3 percent versus July 2005.

Two ways they could of done this and they took the shady route. Flawless plan. <_<

 

[Borescope]

All I know is that NWA lost $88 million in May. Best of luck to all the employes. http://today.reuters.com/news/articlehybri....XML&rpc=11

But they showed an operating profit of 72m. Something UA didn't do for quite some time in BK and with fuel costing less.