US Airways posted a narrower quarterly loss Thursday, helped by cuts in capacity and costs as well as a series of new revenue-generating fees.

The company said its fourth-quarter net loss was USD$79 million, compared with a loss of USD$543 million a year earlier.

Excluding one-time items, US Airways lost USD$32 million.

Total revenue in the fourth quarter was USD$2.63 billion, down 4.9 percent from a year ago.

US Airways ended the quarter with USD$2 billion in total cash and investments, of which USD$500 million was restricted.