US Airways, United Continental, Alaska profitable but fuel prices drag on earnings

Posted 22/07/2011

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.

Originally published 22 Jul 2011 at: http://feeds.atwonline.com/~r/AtwDailyNews/~3/gdiTLTtmCBw/us-airways-united-continental-alaska-profitable-fuel-prices-drag-earnings-

Comments not enabled