Northwest reports low earnings for year

Programs & Series | MPR News Feature | Types | Reports |
January 19, 1999
Mark Zdechlik - Reporter
Listen: Northwest reports low earnings for year
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Northwest airlines closed its books on 1998 today posting a net loss for the year approaching 300 MILLION dollars. The loss stems largely from labor troubles last year which began with a work slow down and culminated with a more than two week pilots' strike. Northwest was also hurt by continued weakness in Asia, a market from which it traditionally derives nearly a third of its revenue.

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