US Airways A320. Photo: Courtesy, US Airways. Major US airlines reporting second-quarter earnings Thursday were able to point to profitable results, though net income declined sharply year-over-year, owing mostly to high fuel prices and a sluggish economic rebound. "2011 could easily break 2008's record for highest fuel prices ever," US Airways Chairman and CEO Doug Parker told analysts and reporters. US posted net income of $92 million for the period, down 67.2% from ...

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