• NC Software is proud to announce the release of APDL - Airline Pilot Logbook version 10.0. Click here to view APDL on the Apple App store and install now.
  • Logbook Pro for Apple iOS version 8.1 is now available on the App Store. Major update including signature endorsements and dark/light theme support. Click here to install now.

US Airways post smaller-than-expected loss

RedDogC130

Well-known member
Joined
Jan 6, 2005
Posts
1,329
Total Time
enough
Ex items loss 83 cents/shr vs estimated 94 cents/shr
* CEO sees "soft, but improving economic environment"
CHICAGO, Oct 22 (Reuters) - US Airways Group Inc (LCC.N) posted a smaller-than-expected quarterly loss on Thursday, which Chief Executive Doug Parker said hints at a "soft, but improving economic environment."
The company said its net loss amounted to $80 million, or 60 cents per share, compared with a loss of $866 million, or $8.46 per share, a year earlier.
Excluding one-time items, US Airways lost 83 cents per share. On that basis, Wall Street had expected the company to lose 94 cents per share, according to Thomson Reuters I/B/E/S.
Total revenue in the third quarter fell 16.6 percent from the year-ago period due to a 3.6 percent decline in total available seat miles, the airline said.
US Airways ended the quarter with $2 billion in cash and investments. (Reporting by Kyle Peterson, editing by Gerald E. McCormick)










 

OurMoney1

Well-known member
Joined
May 4, 2008
Posts
450
Total Time
10000
I heard from 2 jumpseaters this week there is going to be a major announcement at LCC in the next couple of weeks. What's going on? Is Nicolau dead? Is the East/West marriage off? Massive spin off? Any ideas? Or all nonsense.....
 

cactusboy53

Well-known member
Joined
Jan 1, 2006
Posts
542
Total Time
16K+
I heard from 2 jumpseaters this week there is going to be a major announcement at LCC in the next couple of weeks. What's going on? Is Nicolau dead? Is the East/West marriage off? Massive spin off? Any ideas? Or all nonsense.....

Funny, the "major announcement" was supposed to be first part of October. Arbitrator Geo. Nicolau is alive and well. He recently took a ride in a B17 (same bird that he served in). Did you know that he is one of members of "THE GREATEST GENERATION THAT EVER LIVED"? George Nicolau is a WWII veteran, and lost a leg during war time efforts. You should read up on the man. Amazing!! The Nicolau Award is also alive, well, final and binding ...See the DFR lawsuit transcripts.

The marriage is not off. More of like a He said...she said; outcome being determined by marriage counselor & respected jurist.....the Honorable Neil Wake. Yes, USAPA has appealed the DFR lawsuit to the ninth in SFO. That decision should be announced this winter. After that...on to the SCOTUS??

We keep hearing rumors that the East will spin off with American Airlines and claim that they will teach the AA pilots how to really assemble a pilot seniority list:p......it's too funny to even think about.
 
Top