A year in which US Airways unveiled ambitious plans to reconfigure its airline operation ended with a $205 million net loss that was a significant improvement from the $2.22 billion deficit reported in 2008. A series of special items, including a $375 million unrealized gain on its fuel hedges, contributed to the result. Excluding those items, the group suffered a full-year loss of $499 million compared to a 2008 loss of $808 million calculated on a similar basis. Chairman and CEO Doug ...

Subscribe to Access this Entire Article

"Restructuring US Airways reports significantly reduced 2009 loss" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.