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Us Airways posted losses for USD 248m

Arlington, Usa - Ten times its loss in the second quarter of last year

US Airways reported a second-quarter loss of USD 248m, 10 times its loss in the second quarter of last year. The Arlington-based airline has not reported a profit since the second quarter of 2000. The loss, which came to USD 3.64 per share, came on revenue of USD 1.9bn, down nearly 24% from the same period a year ago. The second quarter usually is one of the airline industry's most profitable periods. US...

AVIONEWS - World Aeronautical Press Agency - 31218

AVIONEWS - World Aeronautical Press Agency
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