US Airways 2011 Annual Report Download - page 113
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Table of Contents
US Airways, Inc.
Consolidated Statements of Operations
For the Years Ended December 31, 2011, 2010 and 2009
(In millions)
2011 2010 2009
Operating revenues:
Mainline passenger $ 8,501 $ 7,645 $ 6,752
Express passenger 3,061 2,821 2,503
Cargo 170 149 100
Other 1,476 1,440 1,254
Total operating revenues 13,208 12,055 10,609
Operating expenses:
Aircraft fuel and related taxes 3,400 2,403 1,863
Loss on fuel hedging instruments, net — — 7
Salaries and related costs 2,272 2,244 2,165
Express expenses 3,228 2,840 2,628
Aircraft rent 646 670 695
Aircraft maintenance 679 661 700
Other rent and landing fees 555 549 560
Selling expenses 454 421 382
Special items, net 24 5 55
Depreciation and amortization 247 258 251
Other 1,269 1,223 1,181
Total operating expenses 12,774 11,274 10,487
Operating income 434 781 122
Nonoperating income (expense):
Interest income 4 13 24
Interest expense, net (225) (233) (241)
Other, net (14) 39 (83)
Total nonoperating expense, net (235) (181) (300)
Income (loss) before income taxes 199 600 (178)
Income tax provision (benefit) 19 1 (38)
Net income (loss) $ 180 $ 599 $ (140)
See accompanying notes to consolidated financial statements.
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