LYCOS RETRIEVER 
Northwest Airlines: Beijing
built 660 days ago
Aug. 15, 2006: Almost a year to the day that they went on strike, mechanics at Northwest Airlines are set to meet with the airline today. But labor experts say most of the mechanics' leverage is gone -- along with their jobs. Northwest began hiring permanent replacements weeks after the strike began last August.
Northwest Airlines is a passive investor in a group that wants to acquire Milwaukee-based Midwest Airlines. Midwest said Sunday that it will pursue an all-cash offer from TPG Capital which would take the airline private.
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Northwest Airlines Corporation (NYSE:NWA) today reported a net profit of $2.15 billion for the second quarter of 2007. This compares to a second quarter 2006 net loss of $285 million. Excluding reorganization items, Northwest reported a second quarter pre-tax profit of $273 million, compared to a pre-tax profit of $179 million in the second quarter of last year.
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Northwest Airlines has announced today that the use of AMS REALTIME software has been instrumental in helping to increase efficiency, manage and reduce costs, and streamline operations in the airline’s maintenance division. Since Northwest implemented the software in 1995, they have seen significant improvements in their maintenance processes.
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In 1986 Northwest purchased its regional competitor Republic Airlines. The $884 million sale barely won federal approval since the two airlines operated many of the same routes. At first the Civil Aeronautics Board was concerned that Northwest would operate monopolies in too many markets. Republic had established hubs in Detroit and Memphis, in addition to Minneapolis. However, Republic's north-south route structure provided the ideal "feeder" for Northwest's longer-haul east-west structure, despite a certain amount of overlap. As a result of this merger, John F. Horn was named president of Northwest and NWA, Inc. Rothmeier, still chief executive officer, assumed the position of chairman, vacant since Lapensky's retirement in May 1985.
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In the future, Northwest is looking for manufacturers to discuss the replacement of their 100 seat McDonnell Douglas DC-9 aircraft, of which some aircraft have been in service for over 40 years. They could possibly order aircraft from the Embraer 190 or the Airbus A320 family.[19] But while narrowbody aircraft may be a possible replacement, many industry analysts see that Northwest Airlines may purchase regional jets in an effort to save the airline money (i.e. Regional jet pilots are paid less than narrowbody pilots).[20]
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