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February 08, 2004

Aero-News Quote Of The Day (02.08.04)

"Everything is on the table, from distribution costs, to labor costs, to how we schedule our airline." Source: Neil Cohen, Chief Financial Officer, US Airways. The airline Friday released its quarterly financial statement, showing great strides in stemming the tide of red ink spilling from the company since the same period a year earlier. But Cohen says US Airways is still severely threatened by low-cost carriers like Southwest, which, he says, operate at a cost of at least 25-percent less than his own company.

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