Reuters: Global Markets: U.S. Airways shares rise on September passenger data, weak oil prices

Reuters: Global Markets Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

U.S. Airways shares rise on September passenger data, weak oil prices Oct 3rd 2012, 19:54 Wed Oct 3, 2012 3:54pm EDT (Reuters) - US Airways Group Inc (LCC.N) shares rose 9 percent after the airline reported a rise in passenger load for September and oil prices fell sharply on Wednesday. The fifth-largest U.S. carrier said mainline passenger load factor, a measure of how well it fills its planes, was up 0.8 percent at 84.4 percent for September. The company said it expects full-year total system capacity to rise 2 percent from a year earlier. Shares of other U.S. airlines also rose on Wednesday as oil prices fell sharply on disappointing economic data from China and Europe. United Continental Holdings Inc's (UAL.N) stock was up 6 percent, while shares of Republic Airways Holdings Inc (RJET.O) rose 4 percent. Delta Air Lines Inc (DAL.N) stock was also up 5 percent. US Airways's shares, which have almost tripled since last November, were up 8 percent at $11.77 on the New York Stock Exchange.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions