Tourism Industry News

US Airways Loss Smaller Than Expected

26.04.2011 12:47

US Airways on Tuesday posted a narrower quarterly loss than analysts had expected as fuel costs rose.


The airline said its loss, excluding special items, was USD$110 million. This compares with a loss of USD$89 million in the year-earlier period.Total revenues were USD$3 billion, up 11.7 percent. Operating expenses were USD$3 billion, up 12.8 percent, due primarily to a USD$272 million jump in fuel costs.



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