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twitterAirline swings to profit
Tuesday, Oct. 21, 2003 | 11:12 a.m.
PHOENIX -- The parent company of America West Airlines swung to profitability in the third quarter, with earnings of $32.9 million, or 60 cents per share. It was the second-straight quarterly profit for the nation's eighth largest carrier and beat Wall Street expectations.
In the same period last year, America West Holdings Corp. lost $49.6 million or $1.47 per share. Operating revenue for the most recent quarter rose 14 percent from a year ago to $581.6 million.
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