US Airways Group Inc. said on Wednesday that its flying capacity for the year will rise 2%, and an investor update suggested that its third-quarter profit will be bigger than Wall Street had been expecting.
US Airways has added flying capacity as it replaces old Boeing 737s with slightly larger Airbus A321s. It also completed 99.6% of its scheduled flights in September, which also boosts flying capacity.
For the quarter, US Airways traffic rose 2.7%. Flying capacity rose 3%. Because the airline added more seats than passengers, its planes weren't quite as full.
For the third quarter, the airline's costs came in lower than expected, including a slightly lower price for fuel.
JPMorgan analyst Jamie Baker wrote that the results suggest US Airways will report a bigger-than-expected profit for the quarter.
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It's been a week since Amy and Samy Bouzaglo's bistro was featured on the FOX hit show. It showed them yelling at Chef Gordon Ramsay, at their customers, and even at their employees.
It's been a week since Amy and Samy Bouzaglo's bistro was featured on the FOX hit show. It showed them yelling at Chef Gordon Ramsay, at their customers, and even at their employees.
Some of Arizona's top business experts say jobs and home prices are slowly rebounding, but the state has a long way to go and federal budget cuts aren't helping.
Some of Arizona's top business experts say jobs and home prices are slowly rebounding, but the state has a long way to go and federal budget cuts aren't helping.
Their appearance on the FOX show "Kitchen Nightmares" turned into a real life nightmare for some valley restaurant owners. This Scottsdale couple is taking a lot of heat from people.
Their appearance on the FOX show "Kitchen Nightmares" turned into a real life nightmare for some valley restaurant owners. This Scottsdale couple is taking a lot of heat from people all over the country, and most of the hatred is spilling over online.
U.S. airlines collected more than $6 billion in baggage and reservation change fees from passengers last year - the highest amount since the fees became common five years ago.
U.S. airlines collected more than $6 billion in baggage and reservation change fees from passengers last year - the highest amount since the fees became common five years ago.
One week from now, the Jodi Arias murder trial should be in the hands of the jury. Even though the trial has lasted four months now, the interest in it is still high with a lot of people across the country.
One week from now, the Jodi Arias murder trial should be in the hands of the jury. Even though the trial has lasted four months now, the interest in it is still high with a lot of people across the country.
The U.S. Department of Agriculture says a Louisiana-based meat packing company has expanded a recall of meat products because of possible bacterial contamination.
The U.S. Department of Agriculture says a Louisiana-based meat packing company has expanded a recall of meat products because of possible bacterial contamination.
