March 1, 2013
US Airways flight attendants ratified a new contract with an 80 percent "yes" vote that provides immediate double-digit pay increases, job protections and improved work rules, the Association of Flight Attendants-CWA announced Thursday. The contract will remain in place until the merger with American Airlines is finalized. The flight attendants pledged support for the merger and to be "full partners" with their counterparts at American. Bargaining talks will begin within 30 days between management at US Airways, American and the two flight attendants' groups to negotiate a joint contract.
January 3, 2012
US Airways Group Inc. announced Tuesday it will begin nonstop daily seasonal summer service from Philadelphia to Salt Lake City on May 24. Additionally, US Airways will add another daily frequency on March 25 between Philadelphia and St Louis, Mo.; Nashville, Tenn., Houston; Albany, N.Y.; Bangor, Maine; and Indianapolis. Separately, US Airways announced new daily flights at Washington Reagan National airport, where it acquired some takeoff and landing rights from Delta Air Lines.
July 6, 2012 |
US Airways Group Inc. reported slightly higher passenger counts in June, compared with the same month in 2011, buoyed by increased Latin American travel. Total passenger boardings were 5,394,173, up 0.1 percent from 5,387,677 for June 2011. Passenger revenue per available seat-mile increased about 6 percent for the month, president Scott Kirby said in a statement. "Despite record-setting temperatures and severe weather along the East Coast, our team of 32,000 employees ran an outstanding airline, achieving our best-ever June performance in on-time departures and arrivals and baggage handling," Kirby said.
January 25, 2012
Soaring fuel prices lowered US Airways Group Inc. fourth-quarter profit to $18 million, or 11 cents a share, down from $28 million, or 17 cents a share, in the final quarter of 2010. Excluding special charges, it earned 13 cents a share. For the year, Philadelphia's dominant airline earned $71 million, or 44 cents per diluted share, lower than the $502 million, $2.61 a share, in 2010. US Airways attributed lower profitability in part to higher fuel prices. US Airways spent $1.2 billion more on fuel in 2011 than in 2010.
February 25, 2008 |
US Airways today said it would operate nonstop flights this summer between Philadelphia International Airport and two West Coast cities, Sacramento, Calif., and Portland, Ore. The airline has flown the Portland route before but not the one to Sacramento. US Airways also said it would have nonstop flights this summer between its Charlotte, N.C., hub and Sacramento and Tuscon, Ariz., All seasonal service normally operates until early September, the airline said. Shares were down 8 cents to $13.40 in midday trading.
February 6, 2013
US Airways Group Inc. said nearly 5 million passengers boarded its planes in January, a 2.4 percent increase from a year earlier. The Tempe, Ariz.-based carrier, the dominant airline in Philadelphia, flew 4.9 billion mainline revenue-passenger miles, which are the miles a plane flies multiplied by the number of paying passengers, last month, up 4.8 percent from January 2012. US Airways' passenger-load factor, or the percentage of filled seats, was 80.7 percent, up from 78.2 percent a year earlier.
January 25, 2013
US Airways Group Inc. flight attendants, including 2,073 based in Philadelphia, have reached a third tentative contract agreement with management. Members had narrowly voted down the previous offer, 51 percent to 49 percent. The new agreement, reached under the supervision of the National Mediation Board, provides "immediate economic improvements" and "a process for additional gains through discussions" related to a possible merger with American Airlines, the union said, adding, "Doug Parker's plan for a US Airways-American merger provides the best opportunities for US Airways flight attendants - and we are now poised to make the most out of those opportunities.
June 2, 2011
US Airways Group Inc. today began its first daily nonstop service year-around to Quebec City, Quebec, from Philadelphia International Airport. There are three flights daily to the Canadian city, at 9:30 a.m., 2:49 p.m., and 8:35 p.m. Return flights depart Quebec City at 6:25 a.m., 12:15 p.m., and 5:30 p.m. From Philadelphia, US Airways serves 36 cities in Europe and the Middle East; 14 in Latin America and the Caribbean, and five destinations in...
August 31, 2012
The flight attendant unions at American Airlines and US Airways Group Inc. said the two unions will work together to support a merger between the two carriers. It was the first endorsement of a merger by US Airways flight attendants, and 2,092 are based in Philadelphia. The Association of Flight Attendants (US Airways) and the Association of Professional Flight Attendants (American) said in a joint statement: "Both unions firmly believe that an American Airlines/US Airways merger is in the best interest of the flight attendants at both carriers, and are committed to working to further the goal of that merger.
June 20, 2013
In the Region Iroko seeks to raise $145M in IPO Iroko Pharmaceuticals Inc. , a small developer of pain drugs based at the Navy Yard, will try to raise $145 million through an initial public offering, according to a registration statement filed with the Securities and Exchange Commission. Iroko, begun by several former GlaxoSmithKline executives in 2007, generated 2012 sales of $6.7 million from two medicines, Aldomet and Indocin. The company filed a new-drug application with the Food and Drug Administration seeking approval for Zorvolex to treat acute pain in February.