United Airlines Widens On Volatile Fuel Prices

United Airlines parent UAL on Wednesday said its quarterly net loss widened on erosion in the value of its fuel hedges as oil prices dropped.

The company said its net loss amounted to USD$1.3 billion, compared with USD$53 million a year earlier.

The airline industry, battered severely last year by high fuel costs, cut capacity in the fourth quarter to offset that bill and to gain pricing power as economic woes eroded travel demand.

UAL said its revenue was USD$4.55 billion in the quarter, down 9.6 percent.

The company said it ended the quarter with an unrestricted cash balance of USD$2 billion.

Read More

Northwest Airlines,

Northwest Airlines, Inc.
Northwest began on October 1, 1926, flying mail between Minneapolis/St. Paul and Chicago.
Passenger service began in 1927.
On July 15, 1947, Northwest pioneered the Great Circle route to Asia, with service to Tokyo, Seoul, Shanghai, and Manila.
Northwest became a wholly owned subsidiary of Delta Air Lines on October 29, 2008.
Reservations can be made online through nwa.com Reservations or by calling 1-800-225-2525.

Facilities
Reservations Centers: Chisholm, Minn.; Minneapolis/St. Paul; Seattle/Tacoma; Sioux City, Iowa; Tampa, Fla.
Maintenance Bases: Minneapolis/St. Paul; Tokyo
Pilot Bases: Anchorage; Detroit; Honolulu; Memphis, Tenn.; Minneapolis/St. Paul
Flight Attendant Bases: In the United States: Boston, Detroit, Honolulu, Los Angeles, Memphis, Minneapolis/St. Paul, New York Kennedy/La Guardia, San Francisco and Seattle/Tacoma. International locations include Bangkok, Thailand; Hong Kong; Manila, Philippines; Osaka, Japan; Beijing; Singapore; Taipei, Taiwan; Tokyo 
In Flight Office: Amsterdam

Fleet

The airline operates a fleet of aircraft including Boeing 747s, and 757s, McDonnell-Douglas DC-9s and Airbus A330s, A320s and A319s. Northwest also is one of the world's largest cargo airlines, operating a dedicated fleet of 14 B747 freighters. It is the only U.S. combination carrier (passenger and cargo service) to operate dedicated 747 freighters.

Read More