US Airways joins peers in 1Q loss. Consolidation "a long time from now" - CEO

Despite a more moderate increase than its peers in fuel costs for the first quarter, US Airways posted a US114 million net loss or USD110 million ex special items on total operating revenues of USD2.96 billion. The results represented a USD21 million increase in the net loss, ex items, from 1Q2010 and, on a GAAP basis, a USD59 million increase from the year-ago quarter.

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