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US Airways Group, Inc. (LCC)

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Latest Analyst Comments on US Airways Group, Inc. (LCC)
 

How Fast Are The Old Legacy Airlines Losing US Domestic Capacity? (24/7 Wall St) - Mar 08, 2010

By Robert Herbst, Airlinefinancials.com. Last year, Delta (DAL), American (AMR), United (UAUA), and US Airways (LCC). collectively operated 85 billion less domestic seat miles than they did 6 years ago. This was on average, a 21% reduction in domestic capacity for each of the airlines. noted above. 
Robert Herbst
Robert Herbst
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  By <span class="analyst">Robert Herbst</span>, Airlinefinancials.com. Last year, Delta (DAL), American (AMR), United (UAUA), and US Airways (<span class="company">LCC</span>). Tweet this 

Airlines adding up losses from February storms (Top Business News) - Mar 04, 2010

Helane Becker, an analyst who covers the industry for Jesup & Lamont, estimates that the lost revenue will total between $80 million and $100 million for the whole industry. For US Airways and Continental, the storm related losses amount to about 1 percent of each carrier's expected revenue in the first quarter, according to analysts. But with airlines struggling to return to profitability after two years of heavy losses, every million counts. The storms caused airlines to cancel several thousand flights and to delay many others. FlightStats.com, which tracks airline operations, says total flight cancellations rose to about 38,000 in February from about 18,000 in January, although it wasn't clear whether the entire increase was due to the storms. 
Helane Becker
Helane Becker
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  <span class="analyst">Helane Becker</span>, an analyst who covers the industry for Jesup & Lamont, estimates that the lost revenue will total between $80 million and $100 million for the whole industry. Tweet this 

Hero 'Sully' Rides Off Into Sunset (The Street.com - Ted Reed) - Mar 03, 2010

Hero pilot Chesley "Sully" Sullenberger retired from US Airways ( LCC Quote ) on Wednesday, saying he wants to spend more time advocating for aviation safety and pursuing opportunities resulting from the "Miracle on the Hudson.". Sullenberger retired 14 months after the incident, where he safely landed an A320 on the Hudson River off Manhattan, and just six months after moving into a job in Phoenix as a member of US Airways' flight operations safety management team. That job enabled him to severely limit commutes from his home in California to Charlotte, where he was based, and to focus on safety. 
 
Share:  Hero pilot Chesley "Sully" Sullenberger retired from <span class="company">US Airways</span> ( LCC Quote ) on Wednesday, saying he wants to spend more time advocating for aviation safety and pursuing opportunities resulting from the "Miracle on the Hudson.". Sullenberger retired 14 months after the incident, where he safely landed an A320 on the Hudson River off Manhattan, and just six months after moving into a job in Phoenix as a member of <span class="company">US Airways</span>' flight operations safety management team. That job enabled him to severely limit commutes from his home in California to Charlotte, where he was based, and to focus on safety. Tweet this 

US Airways Pays For Bad Weather (The Street.com - Ted Reed) - Mar 03, 2010

US Airways ( LCC Quote ) followed Continental ( CAL Quote ) in putting a price tag on February's snow storms. US Airways said Wednesday that February weather related cancellations cost it about $30 million. Continental said Monday that its weather related cost during the month was about $25 million. 
 
Share:  <span class="company">US Airways</span> ( LCC Quote ) followed Continental ( CAL Quote ) in putting a price tag on February's snow storms. <span class="company">US Airways</span> said Wednesday that February weather related cancellations cost it about $30 million. Continental said Monday that its weather related cost during the month was about $25 million. Tweet this 

Although the improved RASM is a sign that business passengers are flying again, Jesup & Lamont analyst Helane Becker downgraded US Airways to hold from buy on Wednesday, saying shares had moved past her $7 price target. Additionally, Becker said that because of the $30 million weather related revenue loss, she has reduced her first quarter estimate to a loss of 53 cents from a loss of 34 cents and reduced her full year earnings estimate to 51 cents, down from 70 cents, prompting a price target revision to $5.10 from $7. At mid morning, US Airways stock was trading at $7.32, down 36 cents. 
Helane Becker
Helane Becker
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Although the improved RASM is a sign that business passengers are flying again, Jesup & Lamont analyst <span class="analyst">Helane Becker</span> downgraded <span class="company">US Airways</span> to hold from buy on Wednesday, saying shares had moved past her $7 price target. Tweet this 

US Airways Group, Inc. (Moody's Global Credit Research) - Feb 11, 2010

 
 
Share:  Tweet this 

Southwest route to Boston reveals how competition affects fares (Inquirer Business) - Feb 18, 2010

"Typically, when we lower fares, more people are able to fly, and so it expands the marketplace" The $59 introductory fare to Boston, which is being matched by US Airways for the period of Southwest's fare sale to Aug 13, will absolutely go up, but nowhere near present levels "The fares, in round numbers, will eventually look a lot like the fares back and forth to Pittsburgh," said airline analyst Bob McAdoo, with Avondale Partners "The distances are about the same 
Bob McAdoo
Bob McAdoo
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  "The fares, in round numbers, will eventually look a lot like the fares back and forth to Pittsburgh," said airline analyst <span class="analyst">Bob McAdoo</span>, with Avondale Partners Tweet this 

United Jumps in On-Time Ranking (The Street.com - Ted Reed) - Feb 12, 2010

Despite its vast improvement, United only narrowly beat out US Airways for first place US Airways finished second among network carriers and seventh overall US Airways flights arrived on time 809% of the time, while United flights were on time 81% of the time 
 
Share:  Despite its vast improvement, United only narrowly beat out <span class="company">US Airways</span> for first place <span class="company">US Airways</span> finished second among network carriers and seventh overall Tweet this 

Unemployment News Hits Airline Stocks (CAL) (DAL) (ALK) (LCC) (Benzinga) - Feb 04, 2010

Shares of the three stocks fell from nearly 4% to 9% JP Morgan also upgraded US Airways Group, Inc (NYSE: LCC) from Underweight to Neutral US Airways shares fell, like most airline stocks, but not as steeply as those that were downgraded Higher unemployment numbers usually lead to fewer travelers Still, JP Morgan insisted that it remains bullish on the airline sector "We expect 2010 industry total revenue to rise 114%, some 200 basis points better than our earlier forecast," said JP Morgan analyst Jamie Baker 
Jamie Baker
Jamie Baker
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Still, JP Morgan insisted that it remains bullish on the airline sector "We expect 2010 industry total revenue to rise 114%, some 200 basis points better than our earlier forecast," said JP Morgan analyst <span class="analyst">Jamie Baker</span> Tweet this 

US Airways upgraded to "overweight" (Newratings.com) - Feb 04, 2010

, Analysts at JP Morgan upgrade US Airways (LCC) from "neutral" to "overweight" 
 
Share:  , Analysts at <span class="analyst">JP Morgan</span> upgrade US Airways (<span class="company">LCC</span>) from "neutral" to "overweight" Tweet this 

US Airways Group, Inc. (Moody's Global Credit Research) - Feb 01, 2010

Global Credit Research Credit Opinion 1 FEB 2010 Credit Opinion: US Airways Group, Inc. US Airways Group, Inc. Tempe, Arizona, United States Ratings Category Moody's Rating Outlook Negative Corporate Family Rating Caa1 Sr Sec Bank 
 
Share:  Global Credit Research Credit Opinion 1 FEB 2010 Credit Opinion: US Airways Group, Inc. US Airways Group, Inc. Tempe, Arizona, United States Ratings Category Moody's Rating Outlook Negative Corporate Family Rating Caa1 Sr Sec Bank... Tweet this 

JPMorgan Upgrades LCC to Overweight, Downgrades DAL, CAL, ALK to Neutral (StreetInsider.com - Downgrades) - Feb 04, 2010

JPMorgan's Airline analyst made several rating changes this morning: upgraded US Airways (NYSE: LCC ) from Neutral to Overweight, target raised from $650 to $9 downgraded Delta Air Lines (NYSE: DAL ) from Overweight to Neutral, target lowered from $20 to $13 downgraded Continental Airlines (NYSE: CAL ) from Overweight to Neutral, target lowered from $2450 to $18 downgraded Alaska Air (NYSE: ALK ) from Overweight to Neutral, target lowered from $4650 to $33 
 
Share:  <span class="analyst">JPMorgan's Airline</span> analyst made several rating changes this morning: upgraded US <span class="company">Airways</span> (NYSE: LCC ) from Neutral to Overweight, target raised from $650 to $9 downgraded Delta Air Lines (NYSE: DAL ) from Overweight to Neutral, target lowered from $20 to $13 downgraded Continental Airlines (NYSE: CAL ) from Overweight to Neutral, target lowered from $2450 to $18 downgraded Alaska Air (NYSE: ALK ) from Overweight to Neutral, target lowered from $4650 to $33 Tweet this 

US Airways "outperform," target price raised (Newratings.com) - Jan 29, 2010

, Analysts at Avondale Partners reiterate their "outperform" rating on US Airways (LCC) 
 
Share:  , Analysts at <span class="analyst">Avondale Partners</span> reiterate their "outperform" rating on US <span class="company">Airways</span> (LCC) Tweet this 

US Airways Revenue Forecast Lifts Sector (The Street: Banks) - Jan 29, 2010

TEMPE, Ariz ( TheStreet ) US Airways ( LCC Quote ) has put a number on the improvement that is being seen throughout the airline industry, saying it expects at least a 10 % pickup in unit revenue each month in 2010. Analysts like the number at least three raised estimates after US Airways reported earnings , and US Airways stock was up 32 cents to $546, leading airline shares up, shortly before midday Friday 
 
Share:  TEMPE, Ariz ( TheStreet ) <span class="company">US Airways</span> ( LCC Quote ) has put a number on the improvement that is being seen throughout the airline industry, saying it expects at least a 10 % pickup in unit revenue each month in 2010. Tweet this 

US Airways Revenue Forecast Leads Sector (The Street.com - Ted Reed) - Jan 29, 2010

TEMPE, Ariz ( TheStreet ) US Airways ( LCC Quote ) has put a number on the improvement that is being seen throughout the airline industry, saying it expects at least a 10% pickup in unit revenue each month in 2010. Analysts like the number at least three raised estimates after US Airways reported earnings 
 
Share:  TEMPE, Ariz ( TheStreet ) <span class="company">US Airways</span> ( LCC Quote ) has put a number on the improvement that is being seen throughout the airline industry, saying it expects at least a 10% pickup in unit revenue each month in 2010. Tweet this 

Moody's affirms its ratings of US Airways; Caa1 CFR, outlook negative (Moody's Global Credit Research) - Feb 01, 2010

Global Credit Research Rating Action 1 FEB 2010 Rating Action: US Airways Group, Inc. Moody's affirms its ratings of US Airways; Caa1 CFR, outlook negative Approximately $1.6 Billion of rated debt outstanding New York, February 01, 
 
Share:  Global Credit Research Rating Action 1 FEB 2010 Rating Action: US Airways Group, Inc. Moody's affirms its ratings of US Airways; Caa1 CFR, outlook negative Approximately $1.6 Billion of rated debt outstanding New York, February 01,... Tweet this 

US Airline Results Cloud Recovery Outlook (Air Wise) - Jan 28, 2010

But US Airways shares jumped 6 percent to USD$515 in afternoon trading on the New York Stock Exchange "We see cash levels as adequate, and think (US Airways) has done a good job reducing cash outlays for 2010," Standard & Poor analyst Jim Corridore wrote The airline industry suffered in 2009 under the weight of the recession, which caused businesses to cut their travel budgets Airline executives have expressed cautious optimism that business travelers are returning to the skies 
James Corridore
James Corridore
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  "We see cash levels as adequate, and think (<span class="company">US Airways</span>) has done a good job reducing cash outlays for 2010," Standard & Poor analyst <span class="analyst">Jim Corridore</span> wrote Tweet this 

US Airways Gambles on Shuttle Market (Financial Skeptic) - Jan 28, 2010

US Airways Group (LCC) announced Q4 earnings and wrapped up the year by saying things are better. Investors look to the future so when in the press release they declare that shuttle routes between Boston, Washington DC and New York will be growing to 99% of ASM (Available Seat Miles) you just have to start worrying about the future This is short haul stuff 
George Gutowski
George Gutowski
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  US Airways Group (<span class="company">LCC</span>) announced Q4 earnings and wrapped up the year by saying things are better. Investors look to the future so when in the press release they declare that shuttle routes between Boston, Washington DC and New York will be growing to 99% of ASM (Available Seat Miles) you just have to start worrying about the future Tweet this 

US Airways narrows loss, beats view | Philadelphia Inquirer | 01/28/2010 (Philadelphia Inquirer) - Jan 28, 2010

Although liquidity concerns "no doubt" continue to haunt airlines, Baker said, "we do not foresee any sort of cash crunch at US Airways in 2010 or even 2011, given our current industry forecast" Merrill Lynch analyst Michael Linenberg, in a note to clients, said US Airways is "significantly improving its bottom line," with revenue ahead of forecast, and "costs modestly better" than expected On Dec 31, the end of the quarter, the airline had a "solid cash balance," he said For the full year 2009, US Airways lost $205 million, or $154 a share, compared with a net loss of $22 billion, or $2211 per share, in 2008 
Michael Linenberg
Michael Linenberg
   
Share:  Merrill Lynch analyst <span class="analyst">Michael Linenberg</span>, in a note to clients, said <span class="company">US Airways</span> is "significantly improving its bottom line," with revenue ahead of forecast, and "costs modestly better" than expected Tweet this 

US Airways "exceeded expectations" with a quarterly loss "nicely ahead" of Wall Street predictions, analyst Jamie Baker of JP Morgan Chase said in a research note Although liquidity concerns "no doubt" continue to haunt airlines, Baker said, "we do not foresee any sort of cash crunch at US Airways in 2010 or even 2011, given our current industry forecast" 
Jamie Baker
Jamie Baker
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  <span class="company">US Airways</span> "exceeded expectations" with a quarterly loss "nicely ahead" of Wall Street predictions, analyst <span class="analyst">Jamie Baker</span> of JP Morgan Chase said in a research note Tweet this 

US Airways narrows loss, beats view (Philadelphia Inquirer) - Jan 28, 2010

US Airways "exceeded expectations" with a quarterly loss "nicely ahead" of Wall Street predictions, analyst Jamie Baker of JP Morgan Chase said in a research note Although liquidity concerns "no doubt" continue to haunt airlines, Baker said, "we do not foresee any sort of cash crunch at US Airways in 2010 or even 2011, given our current industry forecast" 
Jamie Baker
Jamie Baker
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  <span class="company">US Airways</span> "exceeded expectations" with a quarterly loss "nicely ahead" of Wall Street predictions, analyst <span class="analyst">Jamie Baker</span> of JP Morgan Chase said in a research note Tweet this 

Although liquidity concerns "no doubt" continue to haunt airlines, Baker said, "we do not foresee any sort of cash crunch at US Airways in 2010 or even 2011, given our current industry forecast" Merrill Lynch analyst Michael Linenberg, in a note to clients, said US Airways is "significantly improving its bottom line," with revenue ahead of forecast, and "costs modestly better" than expected On Dec 31, the end of the quarter, the airline had a "solid cash balance," he said For the full year 2009, US Airways lost $205 million, or $154 a share, compared with a net loss of $22 billion, or $2211 per share, in 2008 
Michael Linenberg
Michael Linenberg
   
Share:  Merrill Lynch analyst <span class="analyst">Michael Linenberg</span>, in a note to clients, said <span class="company">US Airways</span> is "significantly improving its bottom line," with revenue ahead of forecast, and "costs modestly better" than expected Tweet this 

US Airways Has Loss but Is Upbeat (The Street.com - Ted Reed) - Jan 28, 2010

US Airways ( LCC Quote ) reported a $32 million fourth quarter loss but is optimistic about the economy The last major carrier to report fourth quarter results saw what others see, momentum in an improving economy following a difficult year when travel declined in a recession Excluding special items, US Airways lost $32 million or 20 cents a share 
 
Share:  <span class="company">US Airways</span> ( LCC Quote ) reported a $32 million fourth quarter loss but is optimistic about the economy The last major carrier to report fourth quarter results saw what others see, momentum in an improving economy following a difficult year when travel declined in a recession Tweet this 

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