US Airways posted 2007 net income of $427 million, up 40.6% over $304 million earned in 2006, but endured a fourth-quarter loss of $79 million and warned that 2008 could be a difficult year owing to rising fuel costs and a weakening US economy. Chairman and CEO Doug Parker said that "if oil prices remain on the same curve," the airline's 2008 full-year fuel costs will increase $800 million over 2007 and it will "continue to keep capacity in check" as a result. President Scott Kirby added ...

Subscribe to Access this Entire Article

"Printer-friendly" 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.