America West Reports First Quarter Results

- Net loss for the first quarter was $12.8 million or $0.38 per share,

largely due to a softening economy and a $26 million year-over-year

increase in fuel costs.



- Operating revenues for the quarter were a record $587 million, up

4.4 percent, on record revenue passenger miles of 4.9 billion.



- Passenger load factor for the quarter increased to 69.2 percent,

compared with 66.7 percent in the first quarter 2000.



- Passenger yields declined 5.0 percent due to a reduction in business

traffic driven by a slowing economy.



- Cost per available seat mile, excluding fuel and tax, increased a

modest 0.7 percent for the quarter.



- Operating performance continued to improve. Percentage of flights

cancelled declined 33 percent to better than industry average. On-time

performance improved 6 percent. Mishandled baggage was reduced by

20 percent. Consumer complaints to the Department of Transportation

fell 50 percent.



- Company liquidity improved by $18 million for the quarter, to

$213 million from $195 million on December 31, 2000



Apr 18, 2001, 01:00 ET from America West Holdings Corporation

    PHOENIX, April 18 /PRNewswire/ -- America West Holdings Corporation
 (NYSE:   AWA), parent company of America West Airlines, Inc. and The Leisure
 Company, today reported a first quarter net loss of $12.8 million and a
 diluted loss per share of $0.38.  These results compare favorably to First
 Call analysts' estimates of a $0.45 per share loss.
     For the same period a year ago, America West reported net income of
 $14.6 million and diluted earnings per share of $0.40.  The first quarter 2000
 results included a pretax gain of $15.5 million ($9.6 million after tax) from
 the sale of 500,000 warrants to purchase common stock of Priceline.com, Inc.
 Net income declined from the 2000 first quarter largely due to a softening
 economy and a 34 percent or $25.7 million year-over-year increase in fuel
 costs.  Average fuel price for the quarter was 92.3 cents per gallon versus
 75.2 cents in the first quarter of 2000.
     "Considering industry dynamics, the results of first quarter 2001 were not
 unexpected," said William A. Franke, chairman and chief executive officer.
 "While America West's operations, customer service levels and load factors
 have shown significant improvement, business travel has slowed dramatically
 and fuel prices remain high, resulting in first quarter losses in the hundreds
 of millions of dollars for the airline industry.  In contrast, the industry
 earned more than one billion dollars in last year's first quarter.  We are
 taking the difficult but appropriate steps in this economic environment to
 reduce our overhead costs."
     America West today announced a cost reduction plan that includes a
 $75 million reduction in the company's annualized expense budget, and the
 deferral of more than $25 million in capital projects.  The capital reductions
 will be realized in total in 2001, while approximately $25 million of the
 $75 million reduction in the company's annual expense budget will occur in
 2001.  The reductions will not impact the airline's operational improvement
 plan or passenger service levels.
     "Industry economics aside, we are pleased with our continued progress in
 operations and customer service," said W. Douglas Parker, president and chief
 operating officer of the airline.  "Our customers have taken notice and are
 returning to the airline, as evidenced by our recent industry-leading
 increases in load factor."
     Since July 2000 when America West launched a series of customer service
 initiatives to enhance its operational performance, the company has made
 significant improvement in a number of key service areas.  Through the first
 quarter of 2001, as reported to the Department of Transportation (DOT),
 America West's on-time performance improved to 68.7 percent compared with
 64.7 percent in the same period of 2000.  The percentage of flights cancelled
 dropped to 3 percent from 4.5 percent, due primarily to a significant decrease
 in the number of maintenance-related cancellations versus the first quarter
 2000.  America West also posted a 20-percent year-over-year improvement in
 mishandled baggage.  As a result of these improvements, customer complaints to
 the DOT dropped 50 percent compared with first quarter 2000.
     For the first quarter 2001, operating cost per available seat mile (CASM)
 increased 4.0 percent to 8.54 cents, largely due to the increase in fuel
 prices.  Excluding fuel and tax, CASM increased a modest 0.7 percent.
     Operating revenues for the quarter were a record $587 million, up
 4.4 percent.  Revenue passenger miles were a record 4.9 billion, up
 12.8 percent from first quarter 2000 on an 8.7 percent increase in capacity.
 The airline's passenger load factor climbed to 69.2 percent compared with
 66.7 percent in the first quarter 2000.
     Passenger yields fell 5.0 percent to 11.32 due to an industry-wide decline
 in business travel.  The decline in yields caused passenger revenue per
 available seat mile (RASM) to decline 1.4 percent to 7.83 cents.
     During the first quarter 2001, the company paid down $65 million under its
 revolving line of credit.  After that payment, the company's total liquidity
 position, which includes cash equivalents, short-term investments and undrawn
 capacity under its revolving facility, increased from $195 million at year-end
 2000 to $213 million on March 31, 2001.
     America West will conduct a live audio webcast of its first quarter
 earnings conference call with the financial community today at 4:00 p.m. EDT
 (1:00 p.m. PDT).  The webcast will be available to the public on a listen-only
 basis at the company's web site, http://www.americawest.com.  Additionally, a
 number of graphs depicting the company's financial performance and operational
 improvements are available on the web site.
 
     America West Holdings Corporation is an aviation and travel services
 company.  Wholly owned subsidiary America West Airlines is the nation's ninth
 largest carrier serving 92 destinations with more than 900 daily departures in
 the U.S., Canada and Mexico.  The Leisure Company, also a wholly owned
 subsidiary, is one of the nation's largest tour packagers.
 
     This press release, as well as releases issued in the past year by America
 West Holdings and its affiliates, can be accessed at www.americawest.com or
 via the company's fax-on-demand system by calling 888/AWA-FAXS.
     Financial and statistical tables follow.
 
     This press release contains forward-looking statements within the meaning
 of the Private Securities Litigation Reform Act of 1995 that involve risks and
 uncertainties that could cause America West's actual results and financial
 position to differ materially from these statements.  The risks and
 uncertainties include, but are not limited to, the cyclical nature of the
 airline industry, competitive practices in the industry, the impact of changes
 in fuel prices, relations with unionized employees generally and the impact of
 the process of negotiation of labor contracts on the company's operations, the
 outcome of negotiations of collective bargaining agreements and the impact of
 these agreements on labor costs, the impact of industry regulation and other
 factors described from time to time in the company's publicly available SEC
 reports.  The company undertakes no obligation to publicly update any forward-
 looking statement to reflect events or circumstances that may arise after the
 date of this press release.
 
 
                         America West Holdings Corporation
                    Condensed Consolidated Statements of Income
                      (in thousands except per share amounts)
                                    (Unaudited)
 
                                 3 Months Ended    3 Months Ended     Percent
                                 March 31, 2001    March 31, 2000      Change
 
     Operating revenues:
       Passenger                     $552,766         $515,067          7.3
       Cargo                            9,998            9,935          0.6
       Other                           24,709           37,890        (34.8)
       Total operating revenues       587,473          562,892          4.4
 
     Operating expenses:
       Salaries and related costs     148,995          131,373         13.4
       Aircraft rental                 87,878           79,171         11.0
       Rentals and landing fees        35,373           30,180         17.2
       Aircraft fuel                  101,434           75,692         34.0
       Agency commissions              23,305           22,470          3.7
       Aircraft maintenance
        materials and repairs          65,164           63,082          3.3
       Depreciation and
        amortization                   14,518           13,000         11.7
       Reorganization value
        amortization                    4,974            4,974           --
       Other                          130,338          131,920         (1.2)
       Total operating expenses       611,979          551,862         10.9
 
       Operating income (loss)        (24,506)          11,030          n.m.
 
     Nonoperating income (expenses):
       Interest income                  3,032            2,342         29.5
       Interest expense, net           (5,309)          (3,993)        33.0
       Other, net                        (127)          16,652          n.m.
       Total nonoperating income
        (expenses), net                (2,404)          15,001          n.m.
 
     Income (loss) before
      income taxes                    (26,910)          26,031          n.m.
 
     Income taxes (benefit)           (14,074)          11,402          n.m.
     Net income (loss)               $(12,836)         $14,629          n.m.
 
     Earnings (loss) per share:
       Basic:                           $(.38)            $.40          n.m.
       Diluted:                         $(.38)            $.40          n.m.
 
     Shares used for computation:
       Basic:                          33,621           36,310         (7.4)
       Diluted:                        33,621           36,955         (9.0)
 
 
 
                            America West Airlines, Inc.
                                Statements of Income
                                   (in thousands)
                                    (Unaudited)
 
                                 3 Months Ended    3 Months Ended     Percent
                                  March 31, 2001   March 31, 2000     Change
 
     Operating revenues:
       Passenger                     $552,766         $515,067          7.3
       Cargo                            9,998            9,935          0.6
       Other                           14,243           19,886        (28.4)
       Total operating revenues       577,007          544,888          5.9
 
     Operating expenses:
       Salaries and related costs     148,480          130,680         13.6
       Aircraft rental                 87,878           79,171         11.0
       Rentals and landing fees        35,373           30,180         17.2
       Aircraft fuel                  101,434           75,692         34.0
       Agency commissions              23,305           22,470          3.7
       Aircraft maintenance
        materials and repairs          65,164           63,082          3.3
       Depreciation and amortization   14,518           13,000         11.7
       Reorganization value
        amortization                    4,974            4,974          --
       Other                          121,173          113,786          6.5
       Total operating expenses       602,299          533,035         13.0
 
       Operating income (loss)        (25,292)          11,853          n.m.
 
     Nonoperating income (expenses):
       Interest income                  5,201            4,341         19.8
       Interest expense, net           (7,180)          (5,802)        23.8
       Other, net                         253           16,937        (98.5)
       Total nonoperating
        income (expenses), net         (1,726)          15,476          n.m.
 
     Income (loss) before
      income taxes                   $(27,018)         $27,329          n.m.
 
 
 
                             3 Months Ended    3 Months Ended    Percent
                             March 31, 2001    March 31, 2000     Change
 
     Operating Statistics:
 
     Number of aircraft
      at end of period              141              125          12.8
     Available seat miles/ASMs
      (in millions)               7,056            6,489           8.7
     Block hours                136,680          124,964           9.4
     Average stage
      length (miles)                884              865           2.2
 
     Revenue passenger
      miles/RPMs (in millions)    4,881            4,326          12.8
     Load factor (%)               69.2             66.7           2.5 points
     Passenger
      enplanements (000)          5,104            4,612          10.7
 
     Passenger yield (cents)      11.32            11.91          (5.0)
     Passenger revenue
      per ASM (cents)              7.83             7.94          (1.4)
     Operating revenue
      per ASM (cents)              8.18             8.40          (2.6)
 
     Operating cost
      per ASM (cents)              8.54             8.21           4.0
     Operating cost per ASM
      excluding fuel and
      tax (cents)                  6.99             6.94           0.7
     Average fuel cost
      per gallon (cents)          92.32            75.20          22.8
     Fuel gallons consumed
      (in millions)               109.9            100.7           9.1
 
 
 
                          America West Holding Corporation
        Adjustment for Amortization of Excess Reorganization Value (ERV) (a)
                        (in thousands except per share data)
 
                                          3 Months Ended       3 Months Ended
                                          March 31, 2001       March 31, 2000
 
     Diluted EPS - as reported                 $(.38)                $.40
 
     Pretax amortization of ERV (b)            5,373                5,373
     After-tax amortization of ERV (c)         5,373                5,373
 
     Diluted shares                           33,621               36,955
     Amortization of ERV per share              $.16                 $.15
 
     Diluted EPS - as adjusted                 $(.22)                $.55
 
     (a) ERV is an intangible asset that was established upon the Company's
         emergence from financial restructuring in August 1994 and is being
         amortized over a 20-year period.
     (b) Includes $399,000 of ERV for first quarter 2001 and 2000, classified
         as TLC expenses.
     (c) Amortization of ERV is not a tax-deductible expense.
 
 
 
                         America West Holdings Corporation
                       Condensed Consolidated Balance Sheets
                             (in thousands of dollars)
 
                                           March 31, 2001    December 31, 2000
                                            (Unaudited)
 
     Assets
 
     Current assets
       Cash equivalents and
        short-term investments                $151,573           $194,824
       Other current assets, net               270,315            236,276
         Total current assets                  421,888            431,100
 
     Property and equipment, net               752,501            754,327
 
     Other assets
       Restricted cash                          34,892             34,554
       Reorganization value in excess
        of amounts allocable to
        identifiable assets, net               288,406            293,780
       Deferred income tax and
        other assets                            50,380             54,754
 
         Total assets                       $1,548,067         $1,568,515
 
     Liabilities and Stockholders' Equity
 
     Current liabilities
       Current maturities of long-term
        debt and capital leases                $82,645           $159,667
       Other liabilities                       525,638            454,530
         Total current liabilities             608,283            614,197
 
     Long-term debt, less
      current maturities                       141,338            145,578
     Deferred credits and other
      noncurrent liabilities                   106,547            101,122
     Deferred tax liability, net                40,043             40,545
     Stockholders' equity                      651,856            667,073
 
     Total liabilities and
      stockholders' equity                  $1,548,067         $1,568,515
 
 

SOURCE America West Holdings Corporation
    PHOENIX, April 18 /PRNewswire/ -- America West Holdings Corporation
 (NYSE:   AWA), parent company of America West Airlines, Inc. and The Leisure
 Company, today reported a first quarter net loss of $12.8 million and a
 diluted loss per share of $0.38.  These results compare favorably to First
 Call analysts' estimates of a $0.45 per share loss.
     For the same period a year ago, America West reported net income of
 $14.6 million and diluted earnings per share of $0.40.  The first quarter 2000
 results included a pretax gain of $15.5 million ($9.6 million after tax) from
 the sale of 500,000 warrants to purchase common stock of Priceline.com, Inc.
 Net income declined from the 2000 first quarter largely due to a softening
 economy and a 34 percent or $25.7 million year-over-year increase in fuel
 costs.  Average fuel price for the quarter was 92.3 cents per gallon versus
 75.2 cents in the first quarter of 2000.
     "Considering industry dynamics, the results of first quarter 2001 were not
 unexpected," said William A. Franke, chairman and chief executive officer.
 "While America West's operations, customer service levels and load factors
 have shown significant improvement, business travel has slowed dramatically
 and fuel prices remain high, resulting in first quarter losses in the hundreds
 of millions of dollars for the airline industry.  In contrast, the industry
 earned more than one billion dollars in last year's first quarter.  We are
 taking the difficult but appropriate steps in this economic environment to
 reduce our overhead costs."
     America West today announced a cost reduction plan that includes a
 $75 million reduction in the company's annualized expense budget, and the
 deferral of more than $25 million in capital projects.  The capital reductions
 will be realized in total in 2001, while approximately $25 million of the
 $75 million reduction in the company's annual expense budget will occur in
 2001.  The reductions will not impact the airline's operational improvement
 plan or passenger service levels.
     "Industry economics aside, we are pleased with our continued progress in
 operations and customer service," said W. Douglas Parker, president and chief
 operating officer of the airline.  "Our customers have taken notice and are
 returning to the airline, as evidenced by our recent industry-leading
 increases in load factor."
     Since July 2000 when America West launched a series of customer service
 initiatives to enhance its operational performance, the company has made
 significant improvement in a number of key service areas.  Through the first
 quarter of 2001, as reported to the Department of Transportation (DOT),
 America West's on-time performance improved to 68.7 percent compared with
 64.7 percent in the same period of 2000.  The percentage of flights cancelled
 dropped to 3 percent from 4.5 percent, due primarily to a significant decrease
 in the number of maintenance-related cancellations versus the first quarter
 2000.  America West also posted a 20-percent year-over-year improvement in
 mishandled baggage.  As a result of these improvements, customer complaints to
 the DOT dropped 50 percent compared with first quarter 2000.
     For the first quarter 2001, operating cost per available seat mile (CASM)
 increased 4.0 percent to 8.54 cents, largely due to the increase in fuel
 prices.  Excluding fuel and tax, CASM increased a modest 0.7 percent.
     Operating revenues for the quarter were a record $587 million, up
 4.4 percent.  Revenue passenger miles were a record 4.9 billion, up
 12.8 percent from first quarter 2000 on an 8.7 percent increase in capacity.
 The airline's passenger load factor climbed to 69.2 percent compared with
 66.7 percent in the first quarter 2000.
     Passenger yields fell 5.0 percent to 11.32 due to an industry-wide decline
 in business travel.  The decline in yields caused passenger revenue per
 available seat mile (RASM) to decline 1.4 percent to 7.83 cents.
     During the first quarter 2001, the company paid down $65 million under its
 revolving line of credit.  After that payment, the company's total liquidity
 position, which includes cash equivalents, short-term investments and undrawn
 capacity under its revolving facility, increased from $195 million at year-end
 2000 to $213 million on March 31, 2001.
     America West will conduct a live audio webcast of its first quarter
 earnings conference call with the financial community today at 4:00 p.m. EDT
 (1:00 p.m. PDT).  The webcast will be available to the public on a listen-only
 basis at the company's web site, http://www.americawest.com.  Additionally, a
 number of graphs depicting the company's financial performance and operational
 improvements are available on the web site.
 
     America West Holdings Corporation is an aviation and travel services
 company.  Wholly owned subsidiary America West Airlines is the nation's ninth
 largest carrier serving 92 destinations with more than 900 daily departures in
 the U.S., Canada and Mexico.  The Leisure Company, also a wholly owned
 subsidiary, is one of the nation's largest tour packagers.
 
     This press release, as well as releases issued in the past year by America
 West Holdings and its affiliates, can be accessed at www.americawest.com or
 via the company's fax-on-demand system by calling 888/AWA-FAXS.
     Financial and statistical tables follow.
 
     This press release contains forward-looking statements within the meaning
 of the Private Securities Litigation Reform Act of 1995 that involve risks and
 uncertainties that could cause America West's actual results and financial
 position to differ materially from these statements.  The risks and
 uncertainties include, but are not limited to, the cyclical nature of the
 airline industry, competitive practices in the industry, the impact of changes
 in fuel prices, relations with unionized employees generally and the impact of
 the process of negotiation of labor contracts on the company's operations, the
 outcome of negotiations of collective bargaining agreements and the impact of
 these agreements on labor costs, the impact of industry regulation and other
 factors described from time to time in the company's publicly available SEC
 reports.  The company undertakes no obligation to publicly update any forward-
 looking statement to reflect events or circumstances that may arise after the
 date of this press release.
 
 
                         America West Holdings Corporation
                    Condensed Consolidated Statements of Income
                      (in thousands except per share amounts)
                                    (Unaudited)
 
                                 3 Months Ended    3 Months Ended     Percent
                                 March 31, 2001    March 31, 2000      Change
 
     Operating revenues:
       Passenger                     $552,766         $515,067          7.3
       Cargo                            9,998            9,935          0.6
       Other                           24,709           37,890        (34.8)
       Total operating revenues       587,473          562,892          4.4
 
     Operating expenses:
       Salaries and related costs     148,995          131,373         13.4
       Aircraft rental                 87,878           79,171         11.0
       Rentals and landing fees        35,373           30,180         17.2
       Aircraft fuel                  101,434           75,692         34.0
       Agency commissions              23,305           22,470          3.7
       Aircraft maintenance
        materials and repairs          65,164           63,082          3.3
       Depreciation and
        amortization                   14,518           13,000         11.7
       Reorganization value
        amortization                    4,974            4,974           --
       Other                          130,338          131,920         (1.2)
       Total operating expenses       611,979          551,862         10.9
 
       Operating income (loss)        (24,506)          11,030          n.m.
 
     Nonoperating income (expenses):
       Interest income                  3,032            2,342         29.5
       Interest expense, net           (5,309)          (3,993)        33.0
       Other, net                        (127)          16,652          n.m.
       Total nonoperating income
        (expenses), net                (2,404)          15,001          n.m.
 
     Income (loss) before
      income taxes                    (26,910)          26,031          n.m.
 
     Income taxes (benefit)           (14,074)          11,402          n.m.
     Net income (loss)               $(12,836)         $14,629          n.m.
 
     Earnings (loss) per share:
       Basic:                           $(.38)            $.40          n.m.
       Diluted:                         $(.38)            $.40          n.m.
 
     Shares used for computation:
       Basic:                          33,621           36,310         (7.4)
       Diluted:                        33,621           36,955         (9.0)
 
 
 
                            America West Airlines, Inc.
                                Statements of Income
                                   (in thousands)
                                    (Unaudited)
 
                                 3 Months Ended    3 Months Ended     Percent
                                  March 31, 2001   March 31, 2000     Change
 
     Operating revenues:
       Passenger                     $552,766         $515,067          7.3
       Cargo                            9,998            9,935          0.6
       Other                           14,243           19,886        (28.4)
       Total operating revenues       577,007          544,888          5.9
 
     Operating expenses:
       Salaries and related costs     148,480          130,680         13.6
       Aircraft rental                 87,878           79,171         11.0
       Rentals and landing fees        35,373           30,180         17.2
       Aircraft fuel                  101,434           75,692         34.0
       Agency commissions              23,305           22,470          3.7
       Aircraft maintenance
        materials and repairs          65,164           63,082          3.3
       Depreciation and amortization   14,518           13,000         11.7
       Reorganization value
        amortization                    4,974            4,974          --
       Other                          121,173          113,786          6.5
       Total operating expenses       602,299          533,035         13.0
 
       Operating income (loss)        (25,292)          11,853          n.m.
 
     Nonoperating income (expenses):
       Interest income                  5,201            4,341         19.8
       Interest expense, net           (7,180)          (5,802)        23.8
       Other, net                         253           16,937        (98.5)
       Total nonoperating
        income (expenses), net         (1,726)          15,476          n.m.
 
     Income (loss) before
      income taxes                   $(27,018)         $27,329          n.m.
 
 
 
                             3 Months Ended    3 Months Ended    Percent
                             March 31, 2001    March 31, 2000     Change
 
     Operating Statistics:
 
     Number of aircraft
      at end of period              141              125          12.8
     Available seat miles/ASMs
      (in millions)               7,056            6,489           8.7
     Block hours                136,680          124,964           9.4
     Average stage
      length (miles)                884              865           2.2
 
     Revenue passenger
      miles/RPMs (in millions)    4,881            4,326          12.8
     Load factor (%)               69.2             66.7           2.5 points
     Passenger
      enplanements (000)          5,104            4,612          10.7
 
     Passenger yield (cents)      11.32            11.91          (5.0)
     Passenger revenue
      per ASM (cents)              7.83             7.94          (1.4)
     Operating revenue
      per ASM (cents)              8.18             8.40          (2.6)
 
     Operating cost
      per ASM (cents)              8.54             8.21           4.0
     Operating cost per ASM
      excluding fuel and
      tax (cents)                  6.99             6.94           0.7
     Average fuel cost
      per gallon (cents)          92.32            75.20          22.8
     Fuel gallons consumed
      (in millions)               109.9            100.7           9.1
 
 
 
                          America West Holding Corporation
        Adjustment for Amortization of Excess Reorganization Value (ERV) (a)
                        (in thousands except per share data)
 
                                          3 Months Ended       3 Months Ended
                                          March 31, 2001       March 31, 2000
 
     Diluted EPS - as reported                 $(.38)                $.40
 
     Pretax amortization of ERV (b)            5,373                5,373
     After-tax amortization of ERV (c)         5,373                5,373
 
     Diluted shares                           33,621               36,955
     Amortization of ERV per share              $.16                 $.15
 
     Diluted EPS - as adjusted                 $(.22)                $.55
 
     (a) ERV is an intangible asset that was established upon the Company's
         emergence from financial restructuring in August 1994 and is being
         amortized over a 20-year period.
     (b) Includes $399,000 of ERV for first quarter 2001 and 2000, classified
         as TLC expenses.
     (c) Amortization of ERV is not a tax-deductible expense.
 
 
 
                         America West Holdings Corporation
                       Condensed Consolidated Balance Sheets
                             (in thousands of dollars)
 
                                           March 31, 2001    December 31, 2000
                                            (Unaudited)
 
     Assets
 
     Current assets
       Cash equivalents and
        short-term investments                $151,573           $194,824
       Other current assets, net               270,315            236,276
         Total current assets                  421,888            431,100
 
     Property and equipment, net               752,501            754,327
 
     Other assets
       Restricted cash                          34,892             34,554
       Reorganization value in excess
        of amounts allocable to
        identifiable assets, net               288,406            293,780
       Deferred income tax and
        other assets                            50,380             54,754
 
         Total assets                       $1,548,067         $1,568,515
 
     Liabilities and Stockholders' Equity
 
     Current liabilities
       Current maturities of long-term
        debt and capital leases                $82,645           $159,667
       Other liabilities                       525,638            454,530
         Total current liabilities             608,283            614,197
 
     Long-term debt, less
      current maturities                       141,338            145,578
     Deferred credits and other
      noncurrent liabilities                   106,547            101,122
     Deferred tax liability, net                40,043             40,545
     Stockholders' equity                      651,856            667,073
 
     Total liabilities and
      stockholders' equity                  $1,548,067         $1,568,515
 
 SOURCE  America West Holdings Corporation

RELATED LINKS

http://www.americawest.com