Lower Fuel Costs Lead US Airways To Record Operating Profits
US Airways posted a record operating profit of $192.1 million in the first quarter, up 9.4%, as fuel expenses fell nearly 26%. The company spent $58 million less on jet fuel in the quarter. Net income was $98.3 million, down 35.6% because US Airways paid a corporate income tax rate of 40% this year...
Subscription Required
This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.
Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.
Already an AWIN subscriber? Login
Did you know? Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.
Related Content
