U.S. Airways bill increased 10.3% to $ 3.266 million

While formalizing the possible acquisition of American Arilines by U.S. Airways, the latter has been reported to have earned net profit in the first quarter amounting to U.S. $ 48 million, which is reflected in their actions a net benefit for each a 28 cents between January and March, compared with 71 cents lost in the same three months of 2011.

Thus, the fifth largest U.S. airline noted in the black at the beginning of this year, representing a return on the balance of benefits after losing U.S. $ 114 million in the same period in 2011.

However, excluding the impact of extraordinary items on their accounts, the firm lost $ 22 million (13 cents per share) compared with the red ink of $ 110 million (68 cents) for the same period of 2011.

The turnover of U.S. Airways rose 10.3 percent to stand at U.S. $ 3.266 million, while costs rose 6.9 percent to $ 3.207 million, the latter largely driven by the increase of 17 percent was in fuel costs from U.S. $ 859 million.

The firm explained that fuel prices to fill the tanks of its aircraft increased by 13.2 percent between January and March and had been maintained at the same levels of the first quarter of 2011, would have paid about $ 133 million less for it.

«We are delighted to announce first quarter results have improved significantly despite record fuel prices,» he told those accounts meet the president and CEO of the airline, Doug Parker said in a statement.

On 20 April, U.S. Airways announced it had received the backing of the three unions representing 55,000 workers at American Airlines to start the process of merging with the third largest U.S. airline, which filed for bankruptcy last November.

That announcement had occurred one day before AMR, parent of American Airlines, announced it lost U.S. $ 1.700 million in the first quarter, more than four times in the same period in 2011, which he attributed to the restructuring costs of your business.

The results of U.S. Airways were welcomed in the New York Stock Exchange, where a lack of time for the close of trading the shares of the airline rose 3.33 percent to move to 9.62 dollars, while as far this year have risen 89.94 percent