US Airways President Scott Kirby cautiously optimistic: It’s different this time

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"The outlook for 2010 is characterised by cautious optimism", US Airways President Scott Kirby told analysts attending Tuesday's Bank of America Merrill Lynch Global Transportation Conference. Colouring the prognosis is the continuation of capacity discipline across the board, both with legacies and LCCs, a return of the business traveler, a laser focus on CASM ex-fuel and lower oil prices, he said, echoing his counterparts who presented at the conference. He added, however, business travel was still 5% below 2008 levels.

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