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Show The Salt Lake Tribune BUSINESS Friday, July 25, 1997 o ) nn NASDA x ist From D- (atte PEE re ‘SayWest see -% ast Sead 2 Sree ss, 2h itlame” i "|Smecy | me tare [een ee eee, ee Bete ty 2a lsmer ‘S| Bee Reet 2 Sete fe orate Ortel Orthoden Ortetr aane hoes ciae“w Ons ResSoh FOR | Free PutsSom PMT See [Bnei Patan itso 74 a Pieor 5 ries Taste Ge -nisemn AN ies a ta Robes teuSi | Spree 2h Eakiora Keres if-5|Scear Ef |Seym ene ee PhatSeft Renee rape PreeStd Boat |Nim Prete fase | eat Pase ||S| Pete Rou |Preek Delta Air Lines on Thursday named a temporary chief execu- quarter, up from $161 million, or $2.69 per share, a year earlier. Revenues for the quarter rose to $3.54 billion from $3.36 billion represented an 8 percent drop. Allen, whois leaving next week after being forced out by the company’s board, said: “Delta is in great shape to lead the commercial-aviation industry.” Maurice Worth, who was named acting chief operating officer when Deltaannounced Allen’s departure in May, was madeacting chief exec- utive. Delta earned $301 million, or BE A HOBBY IF IT HAD A REASON <( 2 . : ASON. a1:3 ® 5 S = Bi E d PS | Steg 3 [a cy : pe aoe ‘4 * = ieae I Fd vie $3.98 pershare,in the April-June ago, Delta’s profits would have TT WOULONT TUL SMACK THEM WITH |i MY FLYSWATTER. i3 a THE ASSOCIATED PRESS Notcounting the charge a year TIME THEY TALK. THEN|= 8] te ries |jae Rib ie tes [ieee Tanne ree 2 @ Southwest Airlines Earnings Says Profits Rebounded cent over figures that were depressed last year by a massive restructuring charge. [2] | ‘RCSB Fr Delta Picks Acting CEO, tive to replace Ronald Allen and saidits profits rose nearly 90 per- 2 fee feo—¥4|Semuteh 073 a Rien 218 Plamarsy Fate fart 1a Fores res Pomeroy 5 i noe Beare ra WOULD BE? ‘Ms Lat | Ca¥ pe | Last Ses ae |Ch] He “8238 /Rt alk oe =Riseme' vig |Sembls,G A|T 5 —30| Posse |Feers Pack |Pacters Parca recs rege Paste AND THE REASON 3 : WHAT? aa | |< PEOPLE WHOLAUGH NERVOUSLY EVERY | | : IM GOING TO FIND | |: :: >| a Somme |P Beir) fae apm (Pes a Nias |r jorCran | PEFR ‘ 3] Ha +34 | ae ee Al wat | RealCre fs Reaoair fee S| foe See eee 11% +34 NowseCT 3 Se ae oy Seat Nearcrine’ Nearp Neues NwCaiP 2 D13 ts] Sete fia sa | ie Scie: fig "S (Sear fe ih Sere By [Sane a, igs se ai eee ae oe —s| i : BeadRt cnet ee tee ore Spee eae? oe Nea ‘Monroc Same__Lat x} DILBERT masts Olympia =r Netmap Neme__Last Forthe three months that ended June 30, Southwest earned $93.8 million, or 62 cents a share, compared with $85.3 million, “We hope for a continuation of lowerjet-fuel prices; excellent results from our cost-reduction initiatives; and strong yields, despite the reimposition of the ticket tax,” said Herb Kelleher,chief executive Delta said the 10 percent air- line-ticket tax, which was reimin April, and an increase in low-fare leisure travelers hurt its results. Net incomefor the six-month period was up 22.3 percent to $144.7 million, or 96 cents a share, in 1997. That’s compared to $118.3 million, or 77 cents a share, in 1996. Revenuesrose to $1.84 billion from $1.68billion. to $156 million, or $1.42 a share, last year. Revenues rose to $13.59 billion, up from $12.46 billion. Separately Thursday, Southwest Airlines said slightly higher new trade fight on Capitol Hill, President Clinton assembled a team of experts on Thursday to press for authority to speedily negotiate a hemispherewide expan- sion of the North American Free Trade Agreement. The president outlined his strategy for expanding NAFTA beyond Canada and Mexicotoin- clude other Latin American na- Delta’s stock rose $1.50 per lion, or $11.30 a share, compared THE ASSOCIATED PRESS WASHINGTON — Ready for a mn. last year. share to $89.688 on the New York Stock Exchange. For the fiscal year, Delta reported a net income of $854 mil- Clinton Pushing to Expand NAFTAPast Canada, Mexico or 56 cents per share, for the same year-ago perioid. Revenues grew 5 percent to $956.9 million from $910.3 milA greater portion of higher-fare passengers and generally higherticket prices helped Southwestoffsetthe ticket-tax cost. tions at a White House meeting fares and an increase in traffic boosted its second-quarterprofits 10 percent. ValuJet Airlines lost slightly less money than a year earlier. with two dozen Democrats. tures. It also signed a contractthis week with St. George-based SkyWest Airlines to extend for another five years SkyWest’s commuter flights from Salt Lake Clinton wants Congress to give him expedited authority to negotiate free-trade expansion with the results to be voted either up or down without amendment. hubin the United Statesoutof the International under the Delta Connection name. Delta is a 20 Salt Lake City International Airport, with nearly 180 daily depar- ment of Jason S. Berman, chair- percent ownerof SkyWest man and CEO of the Recording Delta operatesits third largest -a|wane™” igs Wnse_1et Weert sos RE The president said his appoint- NORDSTROM Industry Association of America, and presidential assistant Victoria Radd to lead the campaign “makes clear my determination to fight for passageof this important legislation.” “Tam calling on the Congress to enact fast-track legislation so we can continue our aggressive drive to open markets to our goods and services and create more highskilled jobs for the American people,” Clinton said Commerce Secretary William Daleycalled the White House session a good and frank exchange of sometimes opposing views. Clinton wants authority to negotiate language to protect worker rights and the environment as part of new trade agreements. but Republicans are opposed. anniversary | { YOU CAN BUY A PRE-OWNED LEXUS FROM | ANOTHER CAR DEALER. | (THEN AGAIN, YOU CAN BUY JEWELRY FROM A PAWN SHOP) | These separates, The Lexus Customer Care Package these sizesor they're free. exe 6 YeaR/70,000 MILE WARRANTY ‘a 24 Howr ROADSIDE ASSISTANCE . IVE FINANCE Rares eG a | | f MAINTENANCE No - Forget the pawn shop, lend us your ear, 936.00 warranty from original date of purchase. CareerEssentials Only the Lexus Customer Care Package from a Lexus dealer ensures all f else and the only thing you're the protection and driving onis borrowed affordabilityof a f Jouble-breas Buy a pre-owned Lexus from anyplace time. A Certified Pre- Certified Pre-Owned Lexus, including Owned Lexus is available exclusively an extraordinary six-year!70,000-mile, at your Lexus dealer, Visit yours today. 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