This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

US Airways Adds Europe Flights at Charlotte, World's Fourth-Biggest Hub

CHARLOTTE, N.C. (TheStreet) -- US Airways (LCC) will move this summer to buttress its Charlotte hub, which in terms of peak summer departures is already the fourth-largest single airline hub in the world.

Even though the City of Charlotte's questionable management of the airport could provoke questions going forward, for now US Airways' Charlotte hub continues to grow. The carrier said Monday it will add four new non-stop European seasonal destinations this summer.

The addition of Barcelona, Brussels, Lisbon and Manchester will bring the total of Charlotte's European destinations to 10, also including year-round service to Frankfurt and London Heathrow, and seasonal service to Paris, Rome, Madrid and Dublin. The increase has been dramatic since April 2009, when Frankfurt and London were the only European destinations.

Delta's (DAL) Atlanta hub, with approximately 1,000 daily departures, is the world's-largest single carrier hub, in terms of peak daily departures during summer 2013. (Summer is the peak travel season). American (AAMRQ) in Dallas ranked second, United (UAL) in Chicago was third and Charlotte, with 655 daily departures, was fourth. In terms of capacity, measured by number of available seats, Charlotte was fifth, behind United's Houston hub.

"Charlotte is a very good situation geographically, very similar to Atlanta," said Jason Reisinger, US Airways director of route planning, in an interview. "It has a lot of connectivity to the east, to the west and to Florida." Under the winter schedule now in effect, Charlotte has 613 daily departures to 128 destinations, including 108 domestic destinations. Most major airline schedules typically diminish in the winter.

Only about 25% of US Airways Charlotte traffic originates in Charlotte, a relatively low number, but the connections are strong and airport costs, under former longtime airport director Jerry Orr, have been kept at the lowest level of any major U.S. airport.

Barcelona will be served with an Airbus A330-200 jet seating 258 passengers including 20 in suites. US Airways is taking delivery of five A330s this year, with two already delivered and one on the way. US Airways currently serves Barcelona from Philadelphia. "We've been doing well in Barcelona for a while," Reisinger said. "A lot of tourists go there, we haven't seen any falloff in traffic due to the Spanish economy, and we wanted to add Charlotte."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,086.63 -26.91 -0.16%
S&P 500 1,987.01 +3.48 0.18%
NASDAQ 4,473.6970 +17.6810 0.40%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs