BNET Industries
US Airways Group Inc. (LCC) is in the Travel Industry
- Revenue
- Dec 31 2007
- $11.7B
- Profit
- Dec 31 2007
- $427.0M
- Market Cap
- Sep 04 2008
- $704.4M
Latest News and Analysis
Top Stock Performers in August: Airlines, Internet
eChristian Investing submits: The stock market performed reasonably well in August with falling oil prices and some better than expected earnings results pushing the market indicators all positive for the month. The Dow gained 166 points or 1.5% and the Nasdaq gained 42 points or 1.8%. Taking a...
Why Airline Stocks Are So Often Bad Investments
Saj Karsan submits: Warren Buffett is quoted as saying that the airline business in the US “has made no money.” Thanks to a forgettable investment Buffett had made in US Air LCC, he even went so far as to suggest a capitalist should have shot down the Wright brothers during...
Watching the Airline Stocks
Trader Mark submits: The darlings of the market just a few weeks ago, the airline stocks are now down 25-40% in a matter of 2 weeks from their peaks. These make for excellent hedges if you think oil is headed to sub $100 but even with a $10 spike in...
US Airways: Can the Run Continue?
Jonathan Heller submits: We put our neck out on the line on June 24th with our US Airlines: a Put on Oil? piece. Call it luck I certainly do, but US Airways LCC, which we referenced in that piece, is up 220 percent since then. And it truly...
The Airlines' Recent Death Defying Actions
Robert Herbst submits: Not long ago, daily media stories were predicting which major airline would be the first in line to fail. Las Vegas type odds were given to a list of inevitable airline bankruptcies. There should be no argument the US airline industry is facing unprecedented challenges as they...
Additional Resources
Stocks on the move: Borders, Cell Genesys, Fannie Mae, Talbots
By Lynn Thomasson Bloomberg News The following companies are having unusual price changes in U.S. markets this morning. Airlines retreated after Citigroup Inc. said "significant risks remain" for U.S. carriers and oil jumped more than $2 a barrel, its third day...
Akron-Canton Airport reports record passenger numbers in July
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Akron-Canton Airport has reported record passenger numbers travelling to and from the airport during July 2008. A total of 149,757 passengers passed through the airport in July, which is 5,541 more than the previous record set in July 2005 and...
US Airways awards janitorial contract at Portland to National Maintenance Group
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD National Maintenance Group (Pink Sheets:NMGP) has been awarded the contract to perform janitorial cleaning of US Airways aircraft at the Portland International Airport, Oregon. The company has already started work on the contract. No financial details were disclosed....
National Maintenance Group Awarded New US Airways Location
SCOTTSDALE, Ariz. -- National Maintenance Group, Inc. (Pink Sheets:NMGP) is pleased to report that it has been awarded by US Airways the contract to do janitorial cleaning for their aircraft at the Portland, Oregon International Airport Location. National Maintenance has already started this property, receiving excellent initial service reports. ...
US Airways' flight attendants' union criticises stock appreciation grants for top executives
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD The Association of Flight Attendants-CWA (AFA-CWA) released a statement on the 20 August stating that flight attendants at US Airways are outraged over an announcement by the airline that seven of its executives were recently awarded stock appreciation grants worth, allegedly, several...
BellwetherReport.com Analyst Report on PAY, STP, LCC and SOV
BellwetherReport.com is the leading onlinefinancial newsletter for investors seeking top independent and unbiasedresearch. Investors seeking free and unbiased analyst opinions on thecompanies mentioned in this release are encouraged to sign up to www.bellwetherreport.com for a free subscription to access these reports.Today, we have once again scheduled interviews with a...
US Airways applies for Philadelphia-Tel Aviv route
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD US Airways (NYSE: LCC) announced on 19 August that it has applied to both the US Department of Transportation and the Israeli government to operate a year-round daily non-stop service between Philadelphia and Tel Aviv. The overnight flights will be...
LodgeNet appoints Scott Kirby to board
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD LodgeNet Interactive Corporation (Nasdaq: LNET), a provider of media and connectivity solutions, yesterday (19 August) announced the appointment of Scott Kirby, the president of US Airways, to its board of directors. Prior to becoming president of the airline, Kirby served...
US Airways generates USD179m from stock offering
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD US Airways Group Inc (NYSE: LCC) announced on 19 August the completion of its recent public stock offering. According to the airline 19.0 million shares at a price of USD8.50 per share were issued as well as the full exercise...
Seven Summits Research Releases Comments on FCX, BIDU, LCC, ATVI, and ABFS
CHICAGO, Aug. 20 /PRNewswire/ -- Seven Summits Research releases NewsBites on key stocks. Seven Summits Strategic Investments NewsBites are available to all investors at: http://www.go7now.com/nb/0820Y (Note: You may have to copy this link into your browser then press the [ENTER] key.) Today's Seven...
LodgeNet Appoints US Airways President Scott Kirby to Board of Directors
SIOUX FALLS, S.D., Aug. 19 /PRNewswire-FirstCall/ -- LodgeNet Interactive Corporation today announced the addition of Scott Kirby to its Board of Directors. (Logo: http://www.newscom.com/cgi-bin/prnh/20080115/AQTU120LOGO) Mr. Kirby is president of US Airways, the fifth largest domestic airline offering customers 3,500 daily flights to 230...
Mesa Air Group reports third quarter results
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD Mesa Air Group Inc (Nasdaq: MESA) announced its third quarter results on 18 August, with operating revenues increasing by USD13.5m or 4.0% over the same quarter in 2007, to USD353.9m. The company reported third quarter net income of USD1.8m or...
US Airways Files Application to Operate Tel Aviv Service from Its Philadelphia Hub in 2009
Proposed Route Will Be the Airline's First-Ever Service to the Middle East TEMPE, Ariz. -- US Airways (NYSE: LCC) continues its international expansion today as the airline applies to operate year-round service between its hub in Philadelphia and Tel Aviv, Israel. Linking the two sister cities with a...
US Airways Group, Inc. Completes Public Stock Offering
Transaction Bolsters Liquidity Position by $179 Million TEMPE, Ariz. -- US Airways Group, Inc. (NYSE: LCC) announced today that it has completed its recent public stock offering. The transaction, underwritten by Merrill Lynch & Co. as sole book runner, included the issuance of 19.0 million shares at a...
US Airways to add new international route
US Airways Group Inc. will announce today a new international route from Philadelphia International Airport. Chief executive officer Doug Parker said last month that the airline would like to start service to Tel Aviv, Israel. US Airways, which carries two-thirds of passengers in and out of Philadelphia, declined yesterday to...
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- Incorporated: 1982
- CEO: Mr. W. Douglas Parker
US Airways Group is a holding company. Co. is engaged in the operation of a network air carrier through its subsidiaries. Co., through its subsidiaries, operates a hub-and-spoke network with major hubs in Charlotte, Philadelphia and Phoenix and secondary hubs/focus cities in Las Vegas, New York, Washington, D.C. and Boston. As of Dec 31 2007, Co. offered scheduled passenger service on approximately 3,800 flights daily to 230 communities in the U.S., Hawaii, Alaska, Canada, the Caribbean, Latin America and Europe, and operated 356 mainline jets that are supported by its regional airline subsidiaries and affiliates operating as US Airways Express.
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US Airways Group Inc. Company Info
Board of Directors
Mr. W. Douglas Parker
Chairman
Mr. Bruce R. Lakefield
Mr. Herbert M. Baum
Mr. Matthew J. Hart
Mr. Richard C. Kraemer
Ms. Cheryl G. Krongard
Ms. Denise M. O'Leary
Mr. George M. Philip
Mr. J. Steven Whisler
Contact Information
111 West Rio Salado Parkway
Tempe, AZ
480 693-0800