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U.S.Airways declares a USD 177m loss in the past quarter

New York, - USA The results are better than those expected by analysts

U.S.Airways on Tuesday reported a quarterly loss on USD 177m and said its results underscore the need for further changes in its business. The company reported a net profit a year ago of USD 1.63 bn after a series of unusual items stemming from the completion of its bankruptcy reorganization. U.S.Airways Group ended the quarter with cash balance of USD 1.64 bn, including USD 978m in unrestricte...

AVIONEWS - World Aeronautical Press Agency - 62357
Rome, Italy, 04/27/2004 18:23
AVIONEWS - World Aeronautical Press Agency

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