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Northwest Airlines announced a system-wide December load factor of 72.2 percent, 0.4 points above December 2000…
Northwest experienced strong holiday load factors of up to 90 percent during peak travel days resulting in December system-wide, domestic, Pacific, and Atlantic load factors of 72.2, 69.3, 76.9 and 76.8 percent, respectively.
For the twelve months ending December 2001, Northwest reported an industry-leading system-wide load factor of 74.3 percent among the nine largest U.S. major airlines, down 2.3 points from 2000.
As of year-end, Northwest had approximately $2.6 billion in cash and equivalents, including $197 million in deferred transportation taxes.
Northwest continues to offer its customers check-in and facility improvements that make their travel experience smooth and efficient. The carrier has invested more than $2 million in additional airport security checkpoint capacity, cutting average security line-waits substantially. Northwest has added 19 security lanes and has plans to add eleven more in the near future.
Northwest opens a state-of-the-art, 97-gate WorldGateway facility next month, designed to make travel through its Detroit hub a pleasant and efficient experience. In addition, facility and runway improvements at its Minneapolis/St. Paul and Memphis hubs position the airline to benefit from an increased demand for air travel, when it occurs.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales. She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
