Skift Take
US Airways is optimistic that travel will pick up following the election and more clarity about the U.S.'s financial footing while United is cutting back flights through the end of the year.
A top official of US Airways Group Inc. said Wednesday that demand for air travel could improve in the fourth quarter, as the public gets more clarity on the outcome of the U.S. elections and the fiscal cliff.
Discretionary business travel to conferences and conventions has slowed, but "core business travel" has held up, Scott Kirby, president of Philadelphia's dominant airline, told an investor conference in New York.
"Leisure-passenger demand remains strong," Kirby said, predicting that business travel would bounce back to March-April levels.
"When the world appears uncertain, when there are headlines about Europe, about the elections in the U.S., and the fiscal cl