US Airways Stock Loses Altitude On March Revenue Dip
Airline stocks continued to lose altitude as US Airways (LCC) became the latest carrier to say federal budget cuts led to fewer flights, hurting its March revenue . US Air's statement mirrored similar ones earlier in the week by giants Delta Air Lines (DAL) and United Continental (UAL). "Our March consolidated (mainline and Express) passenger revenue per available seat mile (PRASM) was flat versus the same period last year," US Airways' President
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