Fuel costs jumped by $200 million, up almost 39 percent from a year earlier.
US Airways is the only US airline that does not hedge against fuel price spikes.
It has been raising fares to make up for higher fuel prices.
And the demand is there — traffic rose by four percent from the same period last year.
Those two things helped push revenue up 11.7 percent to $2.96 billion.
The loss amounted to 71 cents per share. It would have been 68 cents per share if not for special items.
Analysts surveyed by FactSet expected a slightly larger loss of 73 cents per share on revenue of $2.94 billion.
A year ago, the airline lost $45 million, or 28 cents per share.
Not counting fuel, its costs for each seat flown one mile fell by 1.3 percent.
Also on Tuesday, Delta Air Lines said $318 million quarterly loss driven by a sharply higher fuel bill is spurring it to raise fares, cut flying, and park airplanes.
Delta said higher fares covered 70 percent of the run-up in fuel costs. That’s not enough.
“We must fully recapture our costs on every flight every day to maintain and improve our earnings performance,” CEO Richard Anderson said.
Delta said it will cut flights that don’t produce enough revenue. Some of those reductions are likely to be flights across the Atlantic, where Delta said the industry has added too many available seats.
