America West chalks up profits for the sixth consecutive quarter. (America West Airlines)

America West chalks up profits for the sixth consecutive quarter

For the third quarter, America West Airlines reported net income of $5.77 million, or 28 cents per share, up from net income of $4.06 million, or 24 cents a share, in the same period a year ago.

The Phoenix-based airline earned $18.87 million, or 97 cents per share, for the nine-month period ended Sept. 30. That profit compares with a loss of $9.7 million, or 74 cents per share, during the same span in 1988.

Third-quarter 1989 operating revenues jumped to $243.4 million, up from $201.2 million in 1988. Revenues stood at $715.2 million as of Sept. 30, compared with $563.8 million at the …