SEARCH
« American Airlines Reports First Profitable Third Quarter Since 2007 | Main | Obama Administration Concerned About Foreclosure Fraud »
Wednesday
Oct202010

US Airways Reports Highest Third Quarter Revenue in the Company's History

Photo Courtesy - US Airways(TEMPE, Ariz.) -- US Airways Group, Inc. Wednesday released its third-quarter financial earnings.  According to the report, the airline recorded a net profit of $240 million, the highest third-quarter net profit in the company's history.  Additionally, the company reports that its employees earned $7 million during the quarter.

US Airways Group, Inc. Chairman and CEO Doug Parker stated, "Reporting a record third-quarter profit speaks volumes about the efforts of our 31,000 team members."

Parker noted that the last three years have been particularly challenging for the airline, but he is pleased with the company's "swift and decisive" response.

US Airways also recently announced that it will recall approximately 300 pilots and flight attendants from furlough status, which Parker says will supplement US Air's international flying in 2011 and accommodate normal attrition.

Copyright 2010 ABC News Radio

Reader Comments

There are no comments for this journal entry. To create a new comment, use the form below.

PostPost a New Comment

Enter your information below to add a new comment.

My response is on my own website »
Author Email (optional):
Author URL (optional):
Post:
 
Some HTML allowed: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <code> <em> <i> <strike> <strong>






ABC News Radio