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Northwest Expects Full-Year Profit

Stock quotes in this article: NWACQ  

Northwest Airlines(NWACQ.PK Quote) said it expects to report a modest profit for the year despite a softening in revenue since September.

Although it anticipates a loss for the last four months of the year, Northwest expects to report a pretax margin of approximately 2% on more than $12 billion in revenue, the carrier said in a release that coincided with a monthly report to the bankruptcy court.

Northwest is benefiting from a profit of $272 million on $2.4 billion in revenue during July and August. ...

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