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Northwest Airlines, which filed for bankruptcy in September, reported a first quarter net loss of $1.1 billion Wednesday, hurt by reorganization costs and rising fuel prices.
The carrier said it had a first-quarter net loss per share of $12.65. A year ago the company reported a net loss of $537 million, or $6.19 a share.
Excluding reorganization and other costs, the carrier said it lost $129 million in the first quarter, compared with a loss of $450 million in the year ago quarter.
The airline said it spent $975 million on reorganization items.
Northwest said operating revenue rose 3.3 percent to $2.9 billion.
The carrier ended the quarter with $1.28 billion in unrestricted cash and short-term investments.