US Air announces record annual profit

[markis10]

Wonder how much revenue came from miles being sold LOL!

UPDATE 2-US Airways doubles 4th-quarter profit, shares rise | Reuters

Jan 23 (Reuters) - US Airways Group Inc said on Wednesday that fourth-quarter profit more than doubled as higher revenue offset cost increases.

Its shares were up nearly 4 percent in early afternoon trading.
The carrier, which has been in talks with bankrupt AMR Corp's American Airlines for months about a possible merger, said improved on-time arrivals and baggage handling helped drive traffic and revenue.
Full-year profit excluding special items came to $537 million, the highest annual profit in company history, the company said.
Though US Airways does not have major operations in the biggest U.S. cities - it has hubs in Philadelphia, Charlotte, North Carolina, and Phoenix - the carrier makes the most of its network, said Darryl Jenkins, chairman of the American Aviation Institute in Washington.

 

[cove]

That is a very good result markis10.
I only have QAN,VAH and REX and no US carriers.
Need to do a trade to pay for Frequent Flyer points in 2013.

 

[Bofter]

If I recall correctly, this means that the year that they offered a record number of promotions to purchase cheap dividend miles is also the year they achieved a record profit.

 

[yohy?!]

Special Thanks to All AFF & FTers who opened multiple accounts and maxed out the US DM Buy Miles Promos!

Special Special Thanks to Our *Alliance Partners for Being So Damn Understanding With All the Extra Award Bookings!