US Airways President Scott Kirby said in a Monday conference call with investors that March ticket revenue has improved over the first two months of 2009 and that the carrier has "been cautiously optimistic the last couple of weeks" even though leisure fares are falling. Demand is stable and ancillary revenue initiatives are mitigating the impact of falling yields, he said. CFO Derek Kerr said US has arranged financing for 20 of the 25 deliveries scheduled for this year, excluding five A330s. "We want to take them, Airbus wants to deliver them to us, so we will come up with some kind of solution," he said.
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