Severe winter storms and high fuel prices helped to widen Alaska Air's fourth-quarter net loss; the airline had an $8.4m operating loss.

A record load factor of 69.1% helped America West boost revenues by 11%, while unit costs fell 2.6% despite a 23% fuel cost increase.

AMR made $122m before a $497m gain from the Sabre IPO, a $230m write-down of Canadian Airlines stock, and an $89m charge.

Continental's yield fell by a marginal 0.7%, but it held its unit cost increase to 1.6% despite a 13.6% rise in fuel costs.

Delta's operating profit rose 34% to $227m as unit costs increased only 1%. A 4 point rise in load factor to 68.4% offset a 5% yield decline.

Operating income fell 17.4% to $75.3m as unit costs rose 2% and yields fell slightly. The 1995 result included a $49.9m financial gain.

Southwest blamed the 25% rise in fuel prices for its net profit decline, but its yield also fell 8.3%, due partly to new Florida routes.

Operating earnings leapt from $22m to $53m as United Airlines' yields rose 4.5% and unit costs excluding Esop charges rose only 3.8%.

USAir says its net profit would have been $108m without its profit-sharing programme and stock appreciation rights for employees.

Retail revenue rose 10% and airport charges revenue 5.5%. The peak charging phase-out cost $12.6m, which should be recovered later.

Boeing delivered 218 commercial jets. In this sector its revenue rose 21.3% to $16.9b and operating profit leapt from $743m to $1,072m.

Commercial aircraft made a $101m operating profit on sales down 14.8% to $3.3b. In 1995 MDC took a $1.8b pre-tax accounting charge.

Source: Airline Business