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US Airways Reports Highest Annual Profit In Company History
Net Income excluding special items up 384 percent versus 2011
Highlights of US Airways Group, Inc.'s (the Company) fourth quarter and 2012 results:
- Full year 2012 net profit excluding net special items was a record $537 million, or $2.79 per diluted share. This is a 384 percent improvement over the Company's 2011 net profit of $111 million excluding net special items, or $0.68 per diluted share.
- Fourth quarter net profit excluding net special items was $46 million, or $0.26 per diluted share. This compares to a fourth quarter 2011 net profit excluding net special items of $21 million, or $0.13 per diluted share.
- The airline's employees earned approximately $61 million in profit sharing for the full year results, up 408 percent versus 2011, and an additional $19 million in operational incentive payouts through November.
http://finance.yahoo.com/news/us-airways-reports-highest-annual-130000776.html
Net Income excluding special items up 384 percent versus 2011
Highlights of US Airways Group, Inc.'s (the Company) fourth quarter and 2012 results:
- Full year 2012 net profit excluding net special items was a record $537 million, or $2.79 per diluted share. This is a 384 percent improvement over the Company's 2011 net profit of $111 million excluding net special items, or $0.68 per diluted share.
- Fourth quarter net profit excluding net special items was $46 million, or $0.26 per diluted share. This compares to a fourth quarter 2011 net profit excluding net special items of $21 million, or $0.13 per diluted share.
- The airline's employees earned approximately $61 million in profit sharing for the full year results, up 408 percent versus 2011, and an additional $19 million in operational incentive payouts through November.
http://finance.yahoo.com/news/us-airways-reports-highest-annual-130000776.html