Services - Written by dailymovers on Friday, November 27, 2009 15:37 - 0 Comments

US Airways Group, Inc. LCC Trading 3.44 in Morning Session

US Airways Group, Inc. announced on Thursday reports that the lawmakers sent a joint letter to CEO Douglas Parker raising “serious concerns” about the airline’s plan to close the base, which employs 143 pilots and 182 flight attendants, in May. Massachusetts’ congressional delegation is urging US Airways to reverse course and keep its crew base in Boston.

“We are concerned that the closure will displace many employees and will harm the New England economy in these perilous economic times,” the letter states.

The company stocks 0.23 (6.97%) to $3.53 on volume of 9,547,426 shares, average daily volume of 11,564,800 in morning session.

Last Trade: 3.44
Trade Time: 10:19AM ET
Change: Down 0.09 (2.55%)
Prev Close: 3.53
Open: 3.36
Day’s Range: 3.27 – 3.48
52wk Range: 1.88 – 9.70
Volume: 1,448,234
Avg Vol (3m): 11,564,800
Market Cap: 554.19M

About US Airways Group, Inc.

US Airways Group, Inc. provides air transportation for passengers and cargo. It operates approximately 3,100 flights daily to 200 communities in the United States, Canada, Europe, the Caribbean, and Latin America. As of December 31, 2008, the company operated 354 mainline jets supported by its regional airline subsidiaries and affiliates operating as US Airways Express, which had approximately 238 regional jets and 74 turboprops. US Airways Group operates a hub-and-spoke network with hubs in Charlotte, Philadelphia, and Phoenix; and secondary hubs/focus cities in New York, Washington, D.C., Boston, and Las Vegas. The company was founded in 1981 and is headquartered in Tempe, Arizona.





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