US Airways reports $279M 2Q profit

FILE - In this file photograph taken April 8, 2010, the U.S. Capitol backdrops a United Airlines plane as it taxis on the runway of Washington's Ronald Reagan Washington National Airport. US Airways said Wednesday, July 21, 2010, it earned $279 million in the second quarter as business travelers returned to flying.(AP Photo/Manuel Balce Ceneta, file)

July 21, 2010 6:37:27 AM PDT
US Airways says it earned $279 million in the second quarter as business travelers returned to flying.

The airline says it expects to turn a profit for the third quarter and the full year, as well.

Revenue in the second quarter rose more than 19 percent to $3.17 billion. Both the profit and revenue were higher than analysts expected.

US Airways Group Inc. is based in Tempe, Ariz. It is the sixth-largest airline in the U.S. based on traffic.


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