About US Airways Group, Inc.
After merging with
Change in Company Type
In 2013 US Airways merged with
US Airways combines two main approaches to the airline business: low-fare, low-cost (similar to
US Airways reports its revenue through four primary segments: mainline passenger (65% of total sales), express passenger (24%), cargo (1%), and other (10%).
US Airways has hubs in Charlotte, North Carolina; Philadelphia; and Phoenix. Secondary hubs reside in New York and Boston.
US Airways has enjoyed three straight years of unprecedented growth. Revenues jumped by 6% from $13.1 billion in 2011 to $143.8 billion in 2012 -- a historic milestone for the company. Its profits exploded, skyrocketing almost 800% from $71 million in 2011 to $637 million in 2012.
The company was helped by a 6% surge in mainline passengers revenue and a 9% increase in express passenger revenue for 2012. (These rises offset a 9% drop in cargo revenue.) Revenue passenger miles increased by 3% while available seat miles jumped by 2% during 2012.
Operating income doubled from $426 million in 2011 to $856 million in 2012. The surge in profits was attributed to special credits of roughly $100 million it earned in 2012, compared to $40 million in 2011.
US Airways' future revolves around its historic 2013 merger with AMR, the parent of American Airlines. The combination is projected to provide substantial cost savings and synergistic benefits.
In 2012 US Airways began operating new flights from 42 slot pairs -- one slot able to handle either take-off or landing -- at Washington National that were acquired from
In addition to its nonstop route between the US and China (Beijing), US Airways added flights to Madrid and Dublin, Ireland, in mid-2011. US Airways is expanding its fleet of Airbus wide-body jets intended for overseas routes to fill the demand.
4333 AMON CARTER BLVD
Fort Worth, TX 76155-2605
Phone: 1 (480) 693-0800
Employer Type: Privately Owned
Employees (This Location): 60
Employees (All Locations): 32,138
Fort Worth, TX