US Airways reports a first quarter loss of $110 million

US Airways Airbus A319-112 N744P (msn 1287) (Piedmont Airlines colors) CLT (Bruce Drum), originally uploaded by Airliners Gallery.

US Airways Group, Inc. (Phoenix) today (April 26) reported its first quarter 2011 financial results. The Company reported a net loss excluding special items for the first quarter 2011 of $110 million, or ($0.68) per share. This compares to the first quarter 2010 net loss excluding special items of $89 million, or ($0.55) per share. On a GAAP basis, the Company reported a net loss for the first quarter 2011 of $114 million, or ($0.71) per share. This compares to the first quarter 2010 net loss of $45 million, or ($0.28) per share.

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This entry was posted in US Airways and tagged US Airways on April 26, 2011 by Bruce Drum.

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