US AIRLINE CFOS REMAIN UPBEAT

Victoria
By Victoria December 7, 2011 13:39

US AIRLINE CFOS REMAIN UPBEAT

Chief financial officers from two major US airlines said they haven’t seen any softening demand. “As we look forward into December, January and February, we see no signs of any weakness or any signs of corporate travel coming down,” said US Airways Chief Financial Officer Derek Kerr, during an analyst meeting yesterday.

Corporate travel helped drive revenue growth in the early part of November, lifting US Airways unit revenue an estimated 13%.

Southwest Airlines also saw unit revenue growth for November, up an estimated 9% from last year.

Victoria
By Victoria December 7, 2011 13:39
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