Tuesday, July 31, 2007

Northwest posts quarterly profit on cost cuts

(Reuters) - CHICAGO, July 31 - Northwest Airlines Corp. , the No. 5 U.S. airline, reported a second-quarter profit that was inflated by reorganization items, reversing a year-ago loss.



The No. 5 U.S. airline, which completed a bankruptcy reorganization in May, said on Tuesday profit was $2.15 billion, compared with a loss of $285 million a year earlier.


Read more at Reuters.com Market News

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