Tuesday, July 15, 2008

2500 Job Losses for NWA

This story has been well documented over the last few days within the world of Aviation. Northwest Airlines Corp is reported to be cutting 2500 jobs in order to cope with the high fuel costs.

President & CEO of NWA has said “Our fuel costs have more than doubled in the past year. These reductions are a direct result of our extraordinary fuel costs.”

Northwest (NYSE: NWA) is the ninth largest airline serving Orlando International Airport, according to the Orlando Business Journal's 2008 Book of Lists.

Read what NWA CEO Doug Steenland recently says about the Oil Markets.

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