US Airways reported a third-quarter net loss of $862 million, reversed from a profit of $177 million in the year-ago period, and like other US carriers cited fuel hedging charges as a principal cause. The airline suffered a noncash loss of $488 million on fuel hedging owing to the recent drop in oil prices and also incurred another $135 million in special charges. Excluding the special items, its loss would have been $242 million. But Chairman and CEO Doug Parker said that aggressive ...

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.

Already registered? here.