21-Jun-2010 10:28 AM

US Airways 'cautiously optimistic' for 2010

US Airways President, Scott Kirby, stated (18-Jun-2010) the revenue environment continues to show strong improvement in 2010 and the carrier is "cautiously optimistic" regarding its performance for the year. Mr Kirby said consolidated total RASM rose 11.1% year-on-year in 1Q2010, leading to a 7.2 ppt growth in pretax margin (excluding special charges). For 2010 and 2011, capital commitments as a percentage of revenue total 6.5% and 5.3%, respectively. [more]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More