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We are here to celebrate the upcoming merger along with honoring the past of two great airlines. The merger is proceeding well and we anticipate closing the deal in late September or early October.
Doug Parker -
Looking forward, we continue to believe that excluding one-timer merger-related transaction costs, the new US Airways will be profitable in 2006 - even at today's projected fuel prices.
Doug Parker
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We continue to make great progress in building the new US Airways, and today's announcements furthers that momentum. We are thrilled to welcome these employees back to a new airline that has a fresh attitude and bright future ahead of it.
Doug Parker -
Our quarterly financial results reflect the continued difficult industry environment but also show some encouraging trends. Both US Airways' and America West's stand-alone results, excluding special charges, are much improved versus last year despite a nearly $200 million increase in expenses due to higher fuel prices.
Doug Parker -
If we can make it work -- fine. But we also have a problem with aircraft (being able to fly the route).
Doug Parker -
We are grateful to Hans for his work on behalf of our employees and shareholders as he provided a guiding hand while we established our integration plan.
Doug Parker -
We're exceptionally pleased with where we are. What a difference a year makes.
Doug Parker -
We are exceptionally pleased about where we are right now.
Doug Parker
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That seems to be a little bit of an indication that maybe our country's ready to get moving again.
Doug Parker -
That certainly isn't going on in the second and third quarter. So there are indications that the world is ready to start traveling again.
Doug Parker -
I'd like to ask you to slow down. Are we in some kind of hurry to get things done?
Doug Parker -
It’s incredibly important given where demand for air travel is right now and we’re extremely pleased that the government has recognized the importance of the airline business and retaining critical service and keeping our team employed. So, it’s extremely important and great news.
Doug Parker -
We're underdogs, but that means we can play free with nothing to lose. We want to leave it all on the court. This is something we're going to remember the rest of our lives.
Doug Parker -
I will say that just in the last week, we've started to see bookings outside of 90 days start to tick up a little bit again.
Doug Parker