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, as the carrier charged higher average fares and demand was strong.
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Strong summer traffic on its trans-Atlantic flights helped boost Continental Airlinesâ profit by 15 percent in the second quarter.
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US Airways Group Inc.  swung to a third-quarter profit from a year-ago loss, topping Wall Street forecasts on strong demand and rising fares, the airline said on Thursday.
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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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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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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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Ryanair, the Irish no-frills airline, said net profit rose 15 percent for the quarter to September, adding it was well-placed to combat the threat of record high oil prices and fierce competition.
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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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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 reported Friday a 22.4-percent increase in net profit over the first nine months of its financial year to 623 million pounds (1.2 billion dollars, 830 million euros).
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Boeing Co.  on Wednesday  reported a higher-than-expected second-quarter profit compared  with a year-ago loss, and raised its full-year forecast as it  ramped up delivery of its hot-selling commercial planes and  defense sales remained strong.
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Low-fare carrier Southwest Airlines Co. said Thursday that its third-quarter profit rose 12.3 percent to beat Wall Street expectations despite higher fuel costs.
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Southwest Airlines Co. reported a 12 percent jump in profit today, as its decision to buy fuel in advance helped insulate the low-cost carrier from rising fuel prices.
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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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The largest U.S. hotel operator on Tuesday said  fourth-quarter profit rose as a recovering travel industry  drove room rates and occupancy higher.
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TEMPE, Ariz.  â The US Airways Group said Thursday that it had swung to a fourth-quarter loss as a result of significantly higher fuel costs.
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FedEx Corp. (FDX.N: Quote, Profile, Research) , the world&#39;s top air-express shipper, on Thursday said quarterly profit more than tripled on strength in its international, ground and freight