Delta Air Lines, which bought Northwest Airlines in October, plans to make major changes to aircraft orders both had previously placed with Boeing, according to The Wall Street Journal. Delta is likely to scale back a Northwest order for Boeing's new, but delayed, 787 Dreamliner, and ask the manufacturer to expand a Delta order for the 777-200LR aircraft. The 777-200LR would better enable the combined carrier to continue pursuing Delta's strategy to shift a greater percentage of its flights to … [Read more...] about Delta to fiddle with Boeing orders following NW integration
Northwest Airlines
Americas : Northwest blames loss on fuel hedges
Northwest Airlines reported a thirdquarter net loss of US$317 million, reversed from a US$244 million profit a year earlier, citing a US$410 million noncash charge related to fuel hedging as the reason. Third-quarter revenue rose 12.4 per cent to US$3.8 billion while expenses increased 37.5 per cent to US$4.01 billion, producing an operating loss of US$216 million, reversed from an operating profit of US$459 million in the same period a year earlier. Excluding the hedging loss resulting … [Read more...] about Americas : Northwest blames loss on fuel hedges
