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Euro Zone Flash Composite PMI 48.9, Highest Since March 2012

US Airways posts higher quarterly profit

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Published: Wednesday, 23 Jan 2013 | 8:07 AM ET

Jan 23 (Reuters) - US Airways Group Inc, which has pushed hard for a merger with bankrupt AMR Corp's American Airlines, on Wednesday reported a rise in quarterly profit as higher revenue offset cost increases.

Net income came to $37 million, or 22 cents a share, for the fourth quarter, compared with $18 million, or 11 cents a share, a year earlier.

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Jan 23- US Airways Group Inc, which has pushed hard for a merger with bankrupt AMR Corp's American Airlines, on Wednesday reported a rise in quarterly profit as higher revenue offset cost increases.
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