US Airways Group posted a "record" fourth-quarter net profit of $37 million, more than double the result from a year earlier,

despite a $35 million negative impact from Hurricane Sandy. Passenger revenue increased by 4 percent. For full-year 2012, the company reported a $637 million net profit, up from $71 million in 2011. Excluding special items, the full-year profit more than quadrupled to a "record" $537 million. US Airways attributed the performance partially to "a strong demand environment and record passenger yields." Chairman and CEO Doug Parker in a statement noted "record highs in on-time performance, completion factor and baggage handling." He added that US Airways stock during 2012 jumped 166 percent, "the largest increase of any company in the Fortune 500."