Dahlman Rose Comments on US Airways

Dahlman Rose provided color on US Airways LCC in a research report published today. Dahlman Rose has previously given US Airways a Hold rating. In the report, Dahlman Rose states, "US Airways reported June and 2Q11 traffic results. Management updated 2Q11 and 2011 guidance. Both traffic and 2Q11 guidance were below expectations. However, given the rapid decline in oil prices, jet fuel retreated from its recent highs. We adjusted our EPS estimates to reflect guidance." Shares of US Airways were trading at $8.40 at the time of posting, down 0.59% from Tuesday's market close.