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http://www.allamericangold.com/ US Airways to cut capacity, jobs on higher fuel costs US Airways said Thursday it will slash 1,700 jobs and cut capacity by as much as 8%, as the troubled airline struggles to contend with a growing fuel crisis. US Airways also said it is canceling the leases on aircraft scheduled for delivery, charging for checked baggage, introducing a new in-flight beverage program and increasing fees associated with employee guest and parent travel programs. "Our industry is profoundly challenged by the dramatic increase in fuel prices, and we must write a new playbook for running a profitable airline in this new and challenging environment," Chairman and Chief Executive Doug Parker said in a news release. The airline said jet fuel costs have nearly doubled in the past year, driving up annual energy expenses by $1.9 billion.

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