us airways

US Airways officials say the computer system at its hub in North Carolina was down for more than three hours. Flights are still being delayed even though the system is back up and running.

US Airways said Thursday that traffic and a key revenue measurement rose sharply in February, allowing the airline to fully cover rising fuel prices.

US Airways said Monday it will add 500 flight attendants and pilots next year mostly to cover planned retirements and attrition.

US Airways is the latest airline to report a third-quarter profit.

United’s discussions with US Airways last week appeared to have lured Continental back to the table.

As most airlines lose money, two see a chance to reverse their fortunes with greater economy of scale. But many hurdles remain, including labor questions.

The UAL Corporation, the parent of United Airlines, and US Airways are in talks to merge, in a potential deal that would create one of the world's largest airlines, people briefed on the matter told DealBook on Wednesday.

Notable Analyst Rating Changes of the Day: UPGRADES Visa, Inc.

(NYSE: V) upgraded by several firms:

• Barclays to Overweight from Equalweight, price target increased to $97 from $91;
• Raymond James upgrades from Outperform to Strong Buy; and
• Duncan-Williams upgrades from Buy to Strong Buy with a price target increased from $100 to $105.

Several of the largest U.S. airlines have increased a surcharge for travel on the busiest travel days to $20 each way, up from $10.

The surcharges apply to a large number of flights within the U.S. on more than a dozen peak days around holidays including Thanksgiving, Christmas and New Year's.

Delta, American, United, US Airways and Northwest all ...

US Airways, United Airlines and American Airlines are seen as the major carriers most at risk of a cash crisis, even possible bankruptcy, by early next year.

Some analysts predict they will have less cash for their size than US Airways, Delta and Northwest did when they filed for bankruptcy protection in 2004-05.