US Airways reports a second quarter net profit

US Airways Airbus A319-112 N745VJ (msn 1289) (Allegheny Airlines colors) CLT (Bruce Drum), originally uploaded by Airliners Gallery.

US Airways Group, Inc. (Phoenix) today reported its second quarter 2011 financial results. The Company reported a net profit excluding special items for the second quarter 2011 of $106 million, or $0.56 per diluted share. This compares to the second quarter 2010 net profit excluding special items of $265 million, or $1.34 per diluted share. On a GAAP basis, the Company reported a net profit for the second quarter 2011 of $92 million, or $0.49 per diluted share. This compares to the second quarter 2010 net profit of $279 million, or $1.41 per diluted share.

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This entry was posted in US Airways and tagged US Airways, US Airways Group on July 21, 2011 by Bruce Drum.

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