http://biz.yahoo.com/ap/070408/us_airways_outlook.html?.v=5
AP
US Airways Expects 1st-Quarter Profit
Sunday April 8, 9:30 pm ET US Airways Expects 1st-Quarter Profit Despite Weather, Computer Problems
TEMPE, Ariz. (AP) -- US Airways Group Inc. is projecting a slight profit for the first quarter despite weather-related disruptions and a computer glitch that temporarily shut down the airline's check-in kiosks at airports across the country.
"We are happy to have the first quarter of 2007 behind us," US Airways President Scott Kirby said in a statement Friday.
"Two significant ice storms around Valentine's Day and St. Patrick's Day led to major disruptions in our Philadelphia hub and we created our own problems with a difficult reservation system migration in early March," Kirby said. "Despite the disruption, we still project a slight profit (excluding special items) for the first quarter."
US Airways also reported Friday that its revenue passenger miles for March were up less than 1 percent, to 5.6 billion, compared with the previous year.
Capacity was down 1 percent, to 6.9 billion available seat miles. The percentage of filled airline seats for March was 82 percent, compared with 81 percent in March 2006. The carrier also reported a domestic on-time performance of 55.5 percent.
AP
US Airways Expects 1st-Quarter Profit
Sunday April 8, 9:30 pm ET US Airways Expects 1st-Quarter Profit Despite Weather, Computer Problems
TEMPE, Ariz. (AP) -- US Airways Group Inc. is projecting a slight profit for the first quarter despite weather-related disruptions and a computer glitch that temporarily shut down the airline's check-in kiosks at airports across the country.
"We are happy to have the first quarter of 2007 behind us," US Airways President Scott Kirby said in a statement Friday.
"Two significant ice storms around Valentine's Day and St. Patrick's Day led to major disruptions in our Philadelphia hub and we created our own problems with a difficult reservation system migration in early March," Kirby said. "Despite the disruption, we still project a slight profit (excluding special items) for the first quarter."
US Airways also reported Friday that its revenue passenger miles for March were up less than 1 percent, to 5.6 billion, compared with the previous year.
Capacity was down 1 percent, to 6.9 billion available seat miles. The percentage of filled airline seats for March was 82 percent, compared with 81 percent in March 2006. The carrier also reported a domestic on-time performance of 55.5 percent.
