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US Airways expects loss for 2008, capacity cuts in 2009 Печать E-mail
Новости - Зарубежные новости
Автор: Newsmaster   
08.01.2009 07:44
NEW YORK (Reuters) — US Airways said Wednesday it will report a loss for 2008, and forecast lower flight capacity for this year as more recession-hit travelers stay at home.

The U.S. No. 6 airline suffered alongside other carriers with soaring fuel prices for most of last year and is now grappling with a dip in demand as the global economic slowdown takes its toll.

US Airways did not quantify the loss it expects to report for 2008. Wall Street expects a loss of $1.77 billion, according to Reuters Estimates, chiefly due to large fuel and hedging related losses in the second and third quarters.

For this year, the airline said domestic mainline capacity will be down by 8% to 10% while total mainline capacity, including international services, will be down 4% to 6%.

US Airways, like other carriers across the world, has been pulling flights from its schedule to counter volatile fuel prices and a reduction in demand for flights.


Найдено в интернете: http://rssfeeds.usatoday.com/~r/UsatodaycomTravel-TopStories/~3/3TwJ_ku8XqE/2009-01-07-us-airways-outlook_N.htm
 

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