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US Airways Group reports a first quarter net loss of $45 million

April 28, 2010 — , , , , , , , , , ,

US Airways Airbus A319-112 N753US (msn 1326) CLT (Jay Selman), originally uploaded by Airliners Gallery.

US Airways Group, Inc. (Phoenix) reported its first quarter net loss of $89 million, or ($0.55) per share, which excludes special items totaling a net credit of $44 million. Net loss excluding special items for the first quarter 2009 was $260 million, or ($2.28) per share. On a GAAP basis, the Company reported a net loss of $45 million for its first quarter 2010, or ($0.28) per share, compared to a net loss of $103 million, or ($0.90) per share, for the same period in 2009.

Copyright Photo: Jay Selman. Airbus A319-112 N753US (msn 1326) of US Airways climbs away from the runway at Charlotte.

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