US Airways A320. Courtesy, US US Airways (US) reported first-quarter net income of $48 million, reversed from a net loss of $114 million in the prior-year period, though it conceded that was in the red excluding special items. US management also reiterated their interest in a possible merger with American Airlines (AA), telling analysts and reporters Wednesday that the combination would produce $1.2 billion in annual synergies (ATW Daily News, April 24). Regarding the potential ...

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