US Airways 2007 Annual Report Download - page 121

Table of Contents
US Airways Group, Inc.
Notes to Consolidated Financial Statements — (Continued)
US Airways Group, Inc.
Consolidating Statement of Operations
For the year ended December 31, 2006
US Airways
Group, Inc. (Parent Subsidiary Non-Guarantor US Airways Group,
Company Only) Guarantors Subsidiaries Eliminations Inc. Consolidated
(In millions)
Operating revenues:
Mainline passenger $ — $ 7,966 $ — $ — $ 7,966
Express passenger — 2,744 — — 2,744
Cargo — 153 — — 153
Other — 829 1,441 (1,576) 694
Total operating revenues — 11,692 1,441 (1,576) 11,557
Operating expenses:
Aircraft fuel and related taxes — 2,518 — — 2,518
Loss on fuel hedging instruments, net — 79 — — 79
Salaries and related costs — 2,090 123 (123) 2,090
Express expenses — 2,670 — (111) 2,559
Aircraft rent — 732 87 (87) 732
Aircraft maintenance — 582 69 (69) 582
Other rent and landing fees — 571 20 (23) 568
Selling expenses — 446 — — 446
Special items, net (11) 38 — — 27
Depreciation and amortization — 181 18 (24) 175
Other 3 1,228 1,131 (1,139) 1,223
Total operating expenses (8) 11,135 1,448 (1,576) 10,999
Operating income (loss) 8 557 (7) — 558
Nonoperating income (expense):
Interest income 76 153 1 (77) 153
Interest expense, net (98) (264) (10) 77 (295)
Other, net 318 — 2 (332) (12)
Total nonoperating income (expense), net 296 (111) (7) (332) (154)
Income (loss) before income taxes and cumulative effect of
change in accounting principle 304 446 (14) (332) 404
Income tax provision — 98 3 — 101
Income (loss) before cumulative effect of change in
accounting principle 304 348 (17) (332) 303
Cumulative effect of change in accounting principle, net — 1 — — 1
Net income (loss) $ 304 $ 349 $ (17) $ (332) $ 304
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