TEMPE, Ariz., April 6 US Airways LCC.N is still
able to pass along the cost of fuel despite sharply rising prices,
the company's chief executive said on Wednesday.
Doug Parker told Reuters in an interview that the main concern
about oil is whether price increases will go high enough to slow
the economy and hurt travel demand.
But Parker said bookings remain strong and that while no
merger is expected in the near term, a deal with any of the
carrier's three biggest rivals would be a good fit.
US Airways shares were off 1 percent in afternoon trade on the
New York Stock Exchange as another hike in global oil prices
buffeted airlines on Wall Street.
(Reporting by Kyle Peterson; Editing by Phil Berlowitz)