US Airways more than halved its operating and net losses in the first quarter compared to the same period last year, despite a sizeable jump in its fuel costs, and it could have reported an even better performance had it not been for the snowstorms that battered the U.S. East Coast during the period. The $10-million operating loss marks a 60.7% decline year-on-year, while the $45-million net loss is 56.3% less than the $103-million loss reported in the same three months of 2009. Revenue ...
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