US Airways, the low-cost airline owned by US Airways Group, has posted a huge loss in the third quarter of 2008 on account of the huge increase in the prices of aviation turbine fuel as well as fast decline in the price of crude oil that ate into the value of its fuel hedges.
US Airways, headquartered in Tempe, Arizona, the United States, will launch two international flights from Philadelphia, Pennsylvania, the United States.

Many airlines in the United States are cutting domestic flights and routes nationwide with a view to reducing losses incurred by the enormously high prices of aviation turbine fuel.
US Airways, a low-cost airline owned by US Airways Group Incorporated, has been ranked the top carrier for on-time performance among the 10 largest airlines during the first half 2008.
American Airlines, United, Continental, Delta and US Airways reduce fares
Two airlines based in the United States – US Airways and United Airlines – that had won approval from the US Department of Transportation to start routes to China are putting off the launch of the new services by one year owing to high costs of aviation fuel.