Technical Analysis on US Airways Group Inc. and Spirit Airlines

Technical Analysis on US Airways Group Inc. and Spirit Airlines Inc.
-- Major Airlines' Third Quarter OK, but Sandy Could Be Costly 
NEW YORK, NY -- (Marketwire) -- 11/05/12 --  The reopening of east
coast airports this week is a positive for the airlines industry,
which includes companies such as US Airways Group Inc. and Spirit
Airlines Inc., as it has been forced to cancel a total of over 20,000
flights since Sunday. The full extent of super-storm Sandy's damage
on airport infrastructure and airlines' fourth quarter profits
remains uncertain. Nonetheless, some estimates anticipate that
individual U.S. airlines will see profit cuts of between $25 and $45
million. has initiated technical analysis on US Airways
Group Inc. (NYSE: LCC) and Spirit Airlines Inc. (NASDAQ: SAVE) which
serves the Major Airlines industry. These reports are free upon
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Looking back to the recently concluded third quarter, the airline
industry seems to have fared relatively well. Supported by a 10.5
percent year-over-year increase in September's international
passenger traffic, The International Air Transport Association lately
increased its 2012 global airline industry profit outlook from $3
billion to $4.1 billion. Read our technical analysis on US Airways
Group Inc. by clicking on  
Volatile fuel prices have constituted a challenge so far in 2012.
Yet, lower fuel costs in the third quarter benefited major airlines
as did fare hikes and in some cases cost-cutting initiatives.
Nevertheless, intense competition remains a challenge and certain
companies have suffered as a result of operational efficiency
challenges and one off charges. Investors looking for technical
analysis on Spirit Airlines Inc. are encouraged to use the link below  
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