Fred Business News- Shares of US Airways Group Inc. jumped Friday after the carrier revealed a number of measures to cope with rising fuel costs and an analyst upgraded the stock.
Shares of US Airways jumped 45 cents, or 16.7%, to $3.15 in early morning trading, following news that the company will cut domestic flights and shrink its fleet.
The company will cut 1,700 jobs and charge passengers $15 to check their first bag - the third carrier to add such a charge. That leaves Southwest Airlines the ... more »
