UPDATED: Some airlines' financial problems growing

Stories about the financial ills of several major airlines continue to flow in. On Thursday, it was US Airways turn to report its second-quarter the results. PHL's biggest carrier had a small profit because of special items related to fuel contracts. Overall, revenue was down dramatically. UPDATED: Here is The Inquirer's story from late Thursday about US Airways' results.  

The Inquirer had a good wrapup Thursday morning of what's been happening, and what industry analysts are saying about the prospects of US Airways, United and American in particular. Read that one here, 

Continue Reading