US Airways Swings to Profit
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Net income for the third quarter rose to $177 million, compared with a loss of $78 million in the year-earlier period, as the carrier raised fares while reducing flights.
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United Parcel Service Inc. UPS.N  said on Thursday its quarterly profit rose but missed  expectations as shortfalls in its U.S. package business and  rising fuel prices offset strength internationally.
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CHICAGO - United Airlines parent UAL Corp. said Thursday it posted a profit from operations of $51 million in July in a report required by its bankrupt status.
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Continental Airlines Inc.  on  Thursday said second-quarter profit nearly doubled as higher  fares and wage cuts offset climbing fuel prices.
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US Airways Group Inc. (UAIRQ.OB: Quote, Profile, Research) on Thursday reported a wider third-quarter net loss as storms and high fuel prices penalized results.
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FedEx Corp. , the world's top air-express shipper, on Thursday said quarterly profit more than tripled on strength in its international, ground and freight businesses, and the company raised its full-year earnings forecast.
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British Airways Plc, Europe&#39;s second- largest airline, said second-quarter profit gained 26 percent after the carrier cut jobs and travel demand rose.
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Airline stocks moved higher Friday after US Airways Group Inc. moved closer to a deal with its pilots, which is needed to keep the carrier aloft.
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Finnair swung into a second-quarter profit on growing sales as demand on its routes--especially to Asia--continued to grow, the company said Tuesday.
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World Airways Inc. raised its third-quarter revenue and operating income forecasts on Wednesday, citing benefits from military and commercial contracts; shares of the cargo carrier jumped more than 35 percent.
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Diversified manufacturer United Technologies Corp.  posted a rise in quarterly profit, helped by strong infrastructure demand and a recovery in its aerospace business, the company said on Wednesday.
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Southwest Airlines Co  and  Continental Airlines Inc , two of the largest U.S.  carriers, posted higher quarterly earnings on Thursday as  fuller planes and fare increases helped offset soaring fuel  costs.
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Alaska Air Group, the parent of Alaska Airlines, on Thursday reported a quarterly profit, even as high fuel prices cut into earnings at rival carriers.
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The US plane maker announces an 84% drop in quarterly profits but beats market expectations.
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Delta Air Lines Inc., the nation's third-largest carrier, cited a 5.5 percent gain in sales as it reported Wednesday that it swung to a profit in the second quarter, which saw it emerge from bankruptcy after shaving billions of dollars in costs.
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The parent of American Airlines said third-quarter profits rose as the airline raised fares and cut the number of seats it offered.
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US Airways Group  and JetBlue Airways Corp.  posted quarterly profits on Tuesday, against year-ago losses, as they took advantage of strong travel demand and higher ticket prices.