Is US Airways Poised to Head Higher?
T = Trends for a Stock’s Movement
US Airways operates and owns passenger and freight airline carriers. Consumers and companies across the nation are now looking to travel at an increasing rate, and since air travel is quicker and less expensive, it is becoming a common transportation method for many. As costs decrease and flights become more efficient, look for business and retail customers to fly more than ever.
US Airways and AMR Corp.’s (AAMRQ.PK) American Airlines began trading as a merged entity when markets opened on Monday, and investors have some big expectations for the company that is now the world’s largest airline. Many analysts believe the stock will rise in coming months and that American and US Airways are likely to avoid the pitfalls that plagued other recent mergers in the airline industry, according to a report from Bloomberg. US Airways completed a successful merger with America West Holdings Corp. in 2005, and analysts seem to believe that the knowledge gained from that transaction will help the company undergo a smooth merger with American.