A $192 million fuel hedging grow pushed US Airways to a second-quarter net income of $58 million, reversed from a $568 million defeat in the year-ago period when goodwill impairment charges weighed on the bottom line.
"It's a complicated economic situation but US Airways is performing very healthy in that environment," Chairman and CEO Doug Parker said. He credited "very forceful" cost control and $100 million in revenue generated from "a la carte" fees during the quarter. He noted that the carrier expects $400 million in ancillary revenue for the year and will continue to pursue new opportunities to make added revenue.
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