US Airways has reported a first-quarter net loss of $114 million, from a $45 million net deficit in the same quarter last year. The airline blamed fuel increases for the poor figures. The result is "obviously not moving in the direction we want it to move," Chairman and CEO Doug Parker told reporter...
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JET AIRWAYS POISED FOR ALLIANCE WITH SOUTH AFRICA AIRWAYS
By
Dino D'Amore
7th November 2010