US Airways 3rd Quarter results were down compared to the previous year and primarily due to expenses that are currently resulting from the anticipated merger between it and American Airlines.

If you think either airline isn’t burning a lot of cash right now due to the hold up from the DoJ lawsuit, think again.  US Airways’ one time expenses were $151 million for the 3rd quarter and while I don’t like talking about “would have beens” related to these kinds of expenses, let’s just pause and consider that a great deal of those one time expenses were related to its “hold” on the merger.

Considering that US Airways has less revenues than Southwest Airlines, the $216 million net profit for the 3rd quarter is exceptionally good and shows that that airline continues its strong record of providing profits.

Filed under: Airline News, Mergers and Bankruptcy by ajax
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