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 ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "US Airways Confident Of Future Profits As 1Q Losses Shrink".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.