November 05, 2012 08:00 ET

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 - Nov 5, 2012) - 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 registration. Rest assured that there is no financial commitment to sign up on enthuses to bring the best from the internet under one roof, providing you with a one click opportunity to view what the market and financial researchers globally have to say about any particular bellwether stocks in any given financial environment. We work with a number of financial professionals and a dedicated team of researchers that use their acute knowledge to help you manage your understanding of the market. To be part of this community please sign up at

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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