NORTHWEST AIRLINES FEELING THE PAIN 

NORTHWEST AIRLINES FEELING THE PAIN

The Minneapolis Star Tribune (9/17) reports, “Northwest Airlines executives worked over the weekend on layoff decisions and other money matters to keep the airline afloat in the face of industry losses that will prompt bailout discussions this week in Washington.

"'It's my responsibility to react and act quickly and appropriately to be certain that Northwest continues operating as a viable airline,' Chief Executive Officer Richard Anderson said Sunday in his daily hotline message to the company's 53,000 employees.

"Northwest has not disclosed how much money it is losing, but at similarly sized Continental Airlines, daily losses have been $30 million since Tuesday's terrorist attacks on the East Coast. A travel scare, expected to be long term, has resulted from those attacks.”

Comments

Subscribe to this thread:

Add a comment

ADVERTISEMENT
ADVERTISEMENT

Blogs

Fly On The Wall Blog

Artist Renderings for RDC Riverfront Seen as a Comic Book...

Music Blog

WYPL brings you the Memphis Sound

News Blog

Tennessee Breaks Record for Student Aid Requests

News Blog

MLGW's Water Test Comes Back Clean

Fly On The Wall Blog

RDC Announces Plan to Raise Atlantis

News Blog

New Vision Unveiled for Riverfront

News Blog

Memphis Pets of the Week (July 20-26)

ADVERTISEMENT

More by Chris Davis

Readers also liked…

ADVERTISEMENT
© 1996-2017

Contemporary Media
460 Tennessee Street, 2nd Floor | Memphis, TN 38103
Visit our other sites: Memphis Magazine | Memphis Parent | Inside Memphis Business
Powered by Foundation