This article from NYTimes.com has been sent to you by psa188@xxxxxxxxx /-------------------- advertisement -----------------------\ FOR YOUR CONSIDERATION: IN AMERICA - IN THEATRES NOVEMBER 26 Fox Searchlight Pictures proudly presents IN AMERICA directed by Academy Award(R) Nominee Jim Sheridan (My Left Foot and In The Name of the Father). IN AMERICA stars Samantha Morton, Paddy Considine and Djimon Hounsou. For more info: http://www.foxsearchlight.com/inamerica \----------------------------------------------------------/ America West Tops Forecasts; US Airways Records a Loss October 22, 2003 By Reuters The US Airways Group posted its second consecutive quarterly loss yesterday since emerging from bankruptcy protection while profits at America West Holdings beat Wall Street expectations. America West's chief executive, W. Douglas Parker, said the airline, which is based in Phoenix, would probably post a fourth-quarter loss and then be profitable for 2004. America West plans to add three to five planes in 2004, financed through operating leases. "The legacy carriers are still struggling," Ray Neidl, an analyst at Blaylock & Partners, said of the largest airlines. Shares of America West rose $2.15, to $13.30. US Airways reported a $90 million quarterly loss, which comes after its second-quarter pretax loss of $154 million, excluding government assistance. The chief executive, David N. Siegel, said on a conference call that costs were still too high despite the Chapter 11 process, which ended in March after eight months. "Our goal is to be profitable and these results are simply not acceptable," Mr. Siegel said. The airline's unit cost, or cost per seat mile available to be flown, is about 9.5 cents, compared with around 6 cents for the profitable Southwest Airlines and JetBlue Airways. "The goal clearly has to be south of 9 cents," Mr. Siegel said, although he did not identify how to get there. US Airways shares closed at $9.05, up 95 cents in the company's first day of Nasdaq trading since emerging from bankruptcy. Analysts said the gain was probably because of thin market conditions. America West's profit of $33 million, or 60 cents a share, was well above the Wall Street consensus estimate of 28 cents a share, according to Reuters Research. The airline's lower business fares paid off. http://www.nytimes.com/2003/10/22/business/22air.html?ex=1067825929&ei=1&en=13218216bcc05213 --------------------------------- Get Home Delivery of The New York Times Newspaper. Imagine reading The New York Times any time & anywhere you like! Leisurely catch up on events & expand your horizons. Enjoy now for 50% off Home Delivery! Click here: http://www.nytimes.com/ads/nytcirc/index.html HOW TO ADVERTISE --------------------------------- For information on advertising in e-mail newsletters or other creative advertising opportunities with The New York Times on the Web, please contact onlinesales@xxxxxxxxxxx or visit our online media kit at http://www.nytimes.com/adinfo For general information about NYTimes.com, write to help@xxxxxxxxxxxx Copyright 2003 The New York Times Company