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US Airways Says Costs to Rise More Than Expected

US Airways Group said on Friday that it expects costs per available seat mile, or unit costs, to rise faster than earlier expected as its reins in capacity.

The carrier said third-quarter units costs, excluding fuel and special items, would rise 5% to 6%, higher than its previous forecast.

Fourth-quarter units costs, excluding fuel and special items, are expected to rise 4% to 6%, also higher than a previous forecast, due in part to an additional 4% reduction in capacity, US Airways said in a filing with the U.S. Securities and Exchange Commission.