US Airways (LCC)

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. 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

Oct 22 · 9:40:00 AM · Source: Reuters
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by Larry Etter