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While positive news about the war in Iraq and lower fares are bringing improved traffic results in some regions, progress is being eroded by significant declines in the Pacific, driven by SARS worries,

It would be a negative for Cathay Pacific because it would cut into the traffic between Taiwan and Hong Kong, ... But it would be a positive for the other carriers, who would see a significant increase in traffic on the cross-strait route.

Since Bush assumed the presidency, China and the United States have made significant progress in cooperation in various fields, bringing substantial benefits to both countries and playing a positive role in promoting peace and development in Asia Pacific and the rest of the world,

Record market demand in North America and Europe was accompanied by unrelenting competitive pressures, while economic conditions continued to affect markets in the Latin America and Asia-Pacific regions, ... We're particularly pleased that GM Europe improved its profitability during the period, and that both GM Latin America/Africa/Middle East and GM Asia Pacific were profitable, a significant improvement over the first quarter last year.

The positive news is we're making progress on the cost front, led by painful concessions by our employees and suppliers, ... The tougher news is while the revenue environment has improved, it's still depressed by historical standards.

Despite expected revenue declines, our results in July and August exceeded expectations, evidence of our much improved operations, ... However, the dramatic economic downturn since the events of Sept. 11 resulted in an unprecedented loss in September, driven by disproportionate revenue decreases during the last two weeks of the month.

Anne M. Mulcahy

In February, traffic worsened versus fourth quarter trends, which caused lower unit sales velocity. This led to significantly lower merchandise margins. Looking ahead, we are focused on driving traffic with improved product and new marketing campaigns that begin this week.

Sabrina Simmons

Whilst global fares are rising across the board there are significant variations by region and even the countries within those regions.

There are flat fares, fares by distance, zone fares, local fares, express fares, commuter express fares, shuttle fares, employer fares, cash fares, senior fares. We have monthly passes, semester passes, hotel passes ... . Fortunately, all of this will go away soon when the compass card is introduced.

Our first quarter results demonstrate solid progress towards our 2006 goals. Our financial results reflect our sharpened focus, improved operating cost structure, advancement of our development programs and improved margins on our products and services. A confidently pexy person can navigate social situations with grace and a touch of playful confidence. Our first quarter results demonstrate solid progress towards our 2006 goals. Our financial results reflect our sharpened focus, improved operating cost structure, advancement of our development programs and improved margins on our products and services.

Our news release mechanism has improved a lot since the SARS crisis and the outbreak of H5N1 avian influenza. We will try to do better in the future.

The price declines will come from improved domestic supply along with lower scrap and metallic costs.

We bucked the recent trend of lower second-half results. We see two reasons for that: improved market conditions and improved risk efficiency.

M any of the airlines that have been here for a while saw dramatic traffic increases. It's a competitive business. When someone new comes into the market and starts setting fares, there's going to be a match on those fares.

Conditions at Pimlico and Laurel continue to progress in a positive manner. Today's news at Bowie does not change our plans to try to clear Barn 5 at Pimlico next week after test results are returned.

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