22 October 2008

Northwest Airlines reports third quarter 2008 financial results

Northwest Airlines Corporation reported a third quarter 2008 net loss of $317 million, or $1.20 per share. The reported results include a $410 million non-cash charge associated with marking-to-market out-of-period fuel hedges as required by Statement of Financial Accounting Standard (SFAS) 133, Accounting for Derivative Instruments and Hedging Activities. Excluding this charge, Northwest reported an …

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Hamilton Sundstrand appoints StandardAero as APS 2300 APU repair facility

Hamilton Sundstrand Power Systems (HSPS) and StandardAero, a division of Dubai Aerospace Enterprises, agreed to appoint StandardAero’s Maryville, Tenn., facility an authorized repair facility for the APS 2300 Auxiliary Power Unit (APU). As an authorized repair facility, StandardAero will offer APS 2300 APU operators another APU maintenance source. Under the agreement, HSPS will provide StandardAero …

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