US Airways 2005 Annual Report Download - page 214

Table of Contents
US Airways, Inc.
Statements of Operations
(in millions)
Successor
Company Predecessor Company
Three Months Nine Months Nine Months Three Months
Ended Ended Year Ended Ended Ended
December 31, September 30, December 31, December 31, March 31,
2005 2005 2004 2003 2003
Operating revenues
Mainline passenger $ 1,123 $ 3,738 $ 4,969 $ 3,819 $ 1,124
Express passenger 442 1,178 1,378 967 241
Cargo 25 71 132 97 35
Other 166 470 594 367 112
Total operating revenues 1,756 5,457 7,073 5,250 1,512
Operating expenses
Aircraft fuel and related taxes 375 1,111 991 574 197
Salaries and related costs 329 1,070 2,169 1,848 562
Express expenses 490 1,371 1,572 987 282
Aircraft rent 98 293 399 298 101
Aircraft maintenance 81 252 299 250 70
Other rent and landing fees 87 280 396 301 99
Selling expenses 67 257 360 293 83
Special items, net 15 — — 34 —
Depreciation and amortization 37 153 220 153 63
Government compensation — — — (212) —
Other 248 812 1,015 766 257
Total operating expenses 1,827 5,599 7,421 5,292 1,714
Operating loss (71) (142) (348) (42) (202)
Nonoperating income (expense)
Interest income 11 15 12 15 2
Interest expense, net (65) (222) (236) (164) (73)
Reorganization items, net — 636 (32) — 1,888
Other, net 5 (9) 19 37 (2)
Nonoperating income (expense), net (49) 420 (237) (112) 1,815
Income (loss) before income taxes (120) 278 (585) (154) 1,613
Income tax provision (benefit) — (2) (7) 6 —
Net income (loss) $ (120) $ 280 $ (578) $ (160) $ 1,613
See accompanying notes to the financial statements.
208