Northwest reports 4Q loss of $420 million
Northwest Airlines Corp., parent company of Northwest Airlines, Wednesday reported a fourth-quarter net loss of $420 million, compared to a net income of $363 million for the same period in 2003.
For the full year, Northwest reported a net loss of $878 million, compared to net income of $236 million for 2003.
Cargo revenue increased $35 million in the fourth quarter to $243 million, from $208 million in the same quarter of 2003. For the full year, cargo revenue increased 10 percent to $830 million from $752 million in the previous year.