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US Airways Group Inc.



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US Airways seeks Washington-Akron direct flight

US Airways Group Inc. has applied for approval to operate a direct flight between Washington and Akron, Ohio. (LCC)

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Mesa Air to cut 250 jobs

Mesa Air Group Inc. is cutting 250 jobs as it reduces flights in response to service cuts by large carriers.

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Market crisis puts airline shares in tailspin

... have severed that connection."In the past two weeks, it's a different story," Calyon Securities Inc. airline analyst Ray Neidl said. "The credit markets are affecting the overall market, and that's what is affecting everyone and what the impact will be for airlines in terms of demand."As oil prices plunged about 38 percent from around $147 a barrel July 11 to about $91 a barrel Sept. 16,...

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Airline shares hit market turbulence

... $91 a barrel on Sept. 16, shares of the big six legacy carriers soared - in Tempe, Ariz.-based US Airways Group Inc.'s case, its stock more than quadrupled over that period. The Dow Jones industrial average was nearly unchanged.

From that point through Wednesday, oil prices fell another 2 percent to around $89 a barrel, but shares of the six airlines sank - in the case...

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Little help from lower oil as airline shares plunge

As oil prices plunged about 38 percent from around $147 a barrel on July 11 to around $91 a barrel on Sept. 16, shares of the big six legacy carriers soared — in Tempe, Ariz.-based US Airways Group Inc.'s case, its stock more than quadrupled over that period. The Dow Jones industrial average was nearly unchanged.From that point through Wednesday, oil prices fell another 2 percent...