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US Airways and UAL talk about combining, shares up
News that United Airlines and US Airways are in talks about combining was met with approval by shareholders and analysts today. Passengers may feel differently, however, if a combination ends up leading to higher airfares. Shares of both companies rose in morning trading. US Airways gained 83 cents, or 12.2 percent, to $7.65, and United [...]
US Airways is cutting 600 ground jobs this fall as it continues to struggle with the slow economy – and some of those losses will impact Colorado Springs this fall. The airline said yesterday that the biggest cut will be the elimination of 340 customer service positions. Those agents will lose their jobs on Sept. [...]
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