Northwest Airlines Announces New Domestic Capacity Guidance
March 14 2005 - 5:06PM
PR Newswire (US)
Northwest Airlines Announces New Domestic Capacity Guidance EAGAN,
Minn., March 14 /PRNewswire-FirstCall/ -- In January, Northwest
Airlines (NASDAQ:NWAC) provided guidance with respect to its 2005
domestic capacity. The airline indicated that it was forecasting
2005 domestic available seat miles (ASMs) to be two to three
percent higher than 2004 domestic ASMs. On February 17, at the
JPMorgan 2005 Airline Conference, Northwest stated that it was
studying a reduction in 2005 domestic capacity as a result of high
fuel costs, fare restructuring initiatives by competitors and
general overcapacity in the domestic marketplace. Today, Northwest
is forecasting that its 2005 domestic ASMs will be flat compared to
its 2004 domestic ASMs. Northwest Airlines is the world's fourth
largest airline with hubs at Detroit, Minneapolis/St. Paul,
Memphis, Tokyo and Amsterdam, and approximately 1,500 daily
departures. Northwest and its travel partners serve more than 900
cities in excess of 160 countries on six continents. DATASOURCE:
Northwest Airlines CONTACT: Northwest Media Relations,
+1-612-726-2331 Web site: http://www.nwa.com/
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