US Airways (US) is optimistic it will be able to pass on the majority of 2012 fuel cost spikes to the customer and remain profitable.
US Airways A320. Courtesy, US US Airways (US) is optimistic it will be able to pass on the majority of 2012 fuel cost spikes to the customer and remain profitable. The carrier reported a $71 million profit for 2011 (ATW Daily News, Jan. 26) even though its fuel costs were $1.2 billion higher than 2010 as oil prices skyrocketed. When it faced a similar fuel-spike situation in 2008, US lost $808 million. US chairman and CEO Doug Parker said the difference in 2011 was that the airline ...
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