Posts: 250
Joined: Thu Sep 09, 2004 6:15 am

US Airways Posts 3rd Quarter Loss

Sat Oct 30, 2004 1:25 am

US Airways posted a 3rd quarter loss of $232 million dollars, citing rising fuel costs and the hurricane season.

Read more about it: http://postgazette.com/pg/04303/403558.stm

Interesting side note on the article...Southwest's CEO Gary Kelly said that "we would absolutely" be interested in buying some of US Airways assets
Posts: 8891
Joined: Sat Aug 28, 2004 8:48 pm

RE: US Airways Posts 3rd Quarter Loss

Sat Oct 30, 2004 1:38 am

Wow! The unions still don't get it.  Sad How can the union bosses delude the rank and file that there is any significant chance of retaining their jobs following a strike?
Posts: 318
Joined: Tue Jul 13, 2004 8:48 am

RE: US Airways Posts 3rd Quarter Loss

Sat Oct 30, 2004 2:02 am

Even though its another blow to US, at least its good to see that the CWA and IAM are listening to proposals, instead of just firmly saying no.

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