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US Airways 2005 1Q strong loss

New York, Usa - The carrier reported USD 191m losses in the first three months of the current year

US Airways reported USD 191m losses in the first three months of the current year compared with a loss of USD 177m for the same period in 2004. "We continue to operate under extremely challenging conditions, most notably high fuel prices and aggressive pricing actions by our competitors", commented Bruce Lakefield, US Airways chief executive officer. The carrier’s fuel costs rose nearly 58 percent f...

AVIONEWS - World Aeronautical Press Agency - 119634

AVIONEWS - World Aeronautical Press Agency
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