- The Washington Times - Saturday, January 6, 2007

In an editorial last week titled “Grounded,” we characterized airline companies United and US Airways as “struggling” on the basis of bankruptcy and related, well, struggles. US Airways spokesman Philip Gee says ours was a mischaracterization.

Here’s some of his evidence: US Airways has the highest pre-tax margins of any larger network airline (4.9 percent); its stock has risen 205 percent; analysts expect its next quarter to be its fourth profitable one in a row; $50 million is stockpiled for employee profit-sharing; fares are lower; 4,000 new employees have been hired plus 700 recalls; and a second-best in on-time percentage among major airliners through November. “We’re not your father’s US Airways,” he says.

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