July 28, 2004

Forbes.com: US Airways 2Q Earnings More Than Double

"07.27.2004, 10:56 AM

US Airways Group Inc. said Tuesday its second-quarter earnings more than doubled, though the company's top executive expressed disappointment at the results and predicted more losses for the second half of the year.

'While we reported a small profit, we should have done significantly better in the second quarter, which is traditionally our best,' Bruce R. Lakefield, president and chief executive officer, said in a statement. "
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On Tuesday, Lakefield said the quarterly results "reaffirm what we have told our labor leaders - that we must change course now."

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