US Airways reports quarterly profit on higher fares
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US Airways Group Inc.  on Thursday reported a third-quarter profit compared with a year-earlier loss, topping expectations on strong demand and higher fares.
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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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The parent company of United Airlines reported its biggest quarterly profit in seven years, citing fuller planes in the summer travel season and cost reductions.
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Diversified manufacturer United  Technologies Corp. UTX.N on Friday said quarterly profit rose  10.5 percent on improved aerospace demand and strong growth in  its Otis elevator business.
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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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US Airways&#39; (UAIRQ:OTC BB - news - research) passenger service employees approved a package of concessions estimated to save the airline about $137 million a year.
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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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Southwest Airlines and Continental Airlines posted higher quarterly earnings yesterday as fuller planes and fare increases helped offset soaring fuel costs.
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Two of the largest U.S. airlines raised fares on Friday, aiming to take advantage of strong travel demand to boost profitability and offset the price of jet fuel, which despite recent declines, remains historically high.
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Limited Brands Inc. LTD.N on  Thursday reported higher quarterly operating profit as cost  controls and strong lingerie sales offset poor results at the  retailer's Express apparel stores.
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German airline Lufthansa posted a euro125 million (US$155 million) net profit in the third quarter, more than making up losses from a year ago thanks to stronger demand for air travel, the company said Thursday.
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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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Ryanair Holdings Plc, Europe&#39;s largest low-cost airline, said second-quarter profit rose 15 percent as the carrier cut fares less than it expected and added routes.
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The airline, which exited bankruptcy in May, said profit was $244 million, shattering Wall Street expectations.
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Diversified manufacturer United  Technologies Corp. UTX.N 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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PITTSBURGH -- US Steel Corp. swung to its third consecutive quarterly profit, helped by higher prices and a tax gain, to beat analysts&#39; earnings estimates.
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Online travel agency Priceline.com Inc. (PCLN.O: Quote, Profile, Research) said on Tuesday quarterly profit rose on strong airline, rental car and hotel bookings.