US Airways Group, Inc.
News and overview for US Airways Group, Inc.
US Airways to sell 26.3M shares, raise possible $130M
ATA SmartBrief | 62 days 6 hours 50 minutes ago
US Airways Group Inc. said it will fly the same course recently set by other U.S. airlines...million for the the nation's sixth-largest airline by traffic. US Airways says the funds will be used for general corporate purposes.
Slight bump for airline stocks
ATA SmartBrief | 60 days 6 hours 50 minutes ago
...fraction of 1%. Shares of Delta Air Lines Inc. fell 13 cents to $8.96, while American...rose 8 cents to $8.81. Continental Airlines Inc. fell 11 cents to $16.04. US Airways Group Inc. rose 35 cents, or 7.7%, to $4.87...
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Company Overview
| Company: | US Airways Group, Inc. |
|---|---|
| Industry: | Airlines |
| Website: | http://www.usairways.com |
US Airways Group takes wing with its US Airways unit, one of the nation's leading passenger carriers. Along with its regional affiliates, US Airways serves about 200 cities, mainly in the US and Canada but also in Latin America, the Caribbean, and Europe. It uses about 350 jets on mainline routes; regional service is provided by subsidiaries Piedmont Airlines, PSA, and several independent carriers with about 300 aircraft. US Airways extends its network via the Star Alliance, a marketing and code-sharing partnership led by United Airlines and Lufthansa. (Code-sharing allows airlines to sell tickets on one another's flights and thus offer more destinations.)
Key Numbers
| Sales in U.S. Dollars (mil.) | 12,118 (2008) |
|---|---|
| One-year % Growth in Sales | 3.6 (2008) |
| Net Income in U.S. Dollars (mil.) | -2,210 (2008) |
| One-year % Growth in Net Income | 0.0 (2008) |
| Number of Employees | 37,500 (2008) |
| One-year % Growth in Number of Employees | -5.3 (2008) |
| Fiscal Year-End | December |