Bailout Board Controls Much Of Airline's Fate

[USA320Pilot]

Bailout Board Controls Much Of Airline's Fate

Ailing US Airways must convince ATSB not to call massive loan

STAN CHOE, ADAM BELL AND TIM FUNK

Staff Writers

CHARLOTTE (Observer) - Whether US Airways lives or dies will depend largely on three Washington officials who essentially hold the keys to the airline's life-sustaining cash.

http://www.charlotte.com/mld/charlotte/bus...ays/9675438.htm

 

[TheLarkAscending]

Ailing US Airways must convince ATSB not to call massive loan

STAN CHOE, ADAM BELL AND TIM FUNK

Staff Writers
Staff Writer Tony Mecia and Staff Librarian Sara Klemmer contributed

[post="181064"][/post]​

Where is this article published, what is the date of the publication? Please post the link!

Edited by Lark to state the following: Thank you!

 

[USA320Pilot]

Complete Story

Regards,

USA320Pilot

 

[usair_begins_with_u]

To guarantee it doesn't have to use taxpayer money to pay off a failed loan, the ATSB has to be convinced the airline has enough cash and other assets -- including gates, routes and slots -- to pay off the debt.

Ummmm too late!!!