DALLAS, Aug. 27, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring U.S. Airways Group Inc. (NYSE:LCC). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on U.S. Airways Group Inc. (NYSE:LCC) should be of particular interest to other airline companies: UAL Corp. (Nasdaq:UAUA), Delta Air Lines Inc. (NYSE:DAL) and Southwest Airlines Co. (NYSE:LUV).
It is available at: http://www.beaconequity.com/i/LCC
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U.S. Airways Group Inc. (LCC) provides air transportation for passengers and freight. Its hubs are located in Charlotte, Philadelphia and Phoenix, linking to approximately 200 destinations throughout the United States, Canada, Europe, the Caribbean and Latin America. The Company operates 354 mainline jets, including 238 regional jets and 74 turboprops.
In the report, the analyst notes:
"The airline industry is beset with several problematic issues, all affecting its bottom line and hopes of growth in both the short term and longer term, including receding economic activity, threat of infectious disease, and cost of energy. For the foreseeable future, the industry is expected to shrink in the number of carriers, routes and revenue. Consolidations, downsizing, mergers and acquisitions are expected to continue within the industry in the future.
"Globally, the airline industry recently lost money, posting a net loss of approximately $10.42 billion for fiscal 2008, compared with a net profit of $5.6 billion for fiscal 2007. All carriers cited rapidly rising fuel costs as the reason for the industry's poor performance during the first half of 2008 and the steeping recession during the second half of 2008."
To read the entire report visit: http://www.beaconequity.com/i/LCC
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