US Airways Group Inc reported a higher-than-expected quarterly profit on Tuesday as it flew fuller planes and boosted revenue, and its shares rose 3 percent.The carrier, which plans to merge with AMR Corp unit American Airlines this year and form the world's largest airline, said first-quarter net income was $44 million, or 26 cents a share, compared with $48 million, or 28 cents a share, a year earlier.Excluding one-time items, profit came to 31 cents a share, topping analysts' average forecast of 28 cents, according to Thomson Reuters I/B/E/S.Operating revenue rose 3.5 percent to $3.4 billion. Passenger revenue per available seat mile, an important measure called unit revenue, was up 1.3 percent.
US Airways Group, Inc. operates and owns passenger and freight airline carrier. Shares of LCC traded higher by 3.48% or $0.54/share to $16.06. In the past year, the shares have traded as low as $8.99 and as high as $17.43. On average, 8870500 shares of LCC exchange hands on a given day and today's volume is recorded at 2893288.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.28% or $0.09/share to $32.52. In the past year, the shares have traded as low as $26.20 and as high as $32.90. On average, 1096170 shares of TRI exchange hands on a given day and today's volume is recorded at 100537.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.36% or $0.12/share to $33.37. In the past year, the shares have traded as low as $26.65 and as high as $33.54. On average, 1212410 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 84674.
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