Stick-n-Rudder
Member
- Aug 21, 2002
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[P][FONT color=#009900]ASSOCIATION COMPELS US AIR TO COMMIT TO RJS AT BANKRUPTCY HEARING[/FONT][/P]
[P][FONT color=#000000 size=3](Dec. 13) Legal representation for the ALPA units at PSA, Piedmont, and Allegheny at a bankruptcy hearing this week compelled US Airways to put in writing a committment to distribute 300 regional jets to its wholly owned subsidiaries. The findings said:[/FONT][/P]
[BLOCKQUOTE]
[P][FONT color=#000000 size=3]At a hearing today in the United States Bankruptcy Court for the Eastern District of Virginia the Court entered an order with finding of fact whereby US Airways Group Inc. specifically represented that its motion to enter into a post-petition service agreement was not in breach of its Pilot Restructuring Agreement with the pilots of PSA, Piedmont and Allegheny.[/FONT][/P]
[P][FONT color=#000000 size=3]There was also a finding of fact that US Air Group Inc., fully intends to comply with its business plan in distributing 300 regional jets to its wholly subsidiaries in accordance with the terms of the mainline restructuring agreement.[/FONT][/P][/BLOCKQUOTE]
[P][FONT color=#000000 size=3](Dec. 13) Legal representation for the ALPA units at PSA, Piedmont, and Allegheny at a bankruptcy hearing this week compelled US Airways to put in writing a committment to distribute 300 regional jets to its wholly owned subsidiaries. The findings said:[/FONT][/P]
[BLOCKQUOTE]
[P][FONT color=#000000 size=3]At a hearing today in the United States Bankruptcy Court for the Eastern District of Virginia the Court entered an order with finding of fact whereby US Airways Group Inc. specifically represented that its motion to enter into a post-petition service agreement was not in breach of its Pilot Restructuring Agreement with the pilots of PSA, Piedmont and Allegheny.[/FONT][/P]
[P][FONT color=#000000 size=3]There was also a finding of fact that US Air Group Inc., fully intends to comply with its business plan in distributing 300 regional jets to its wholly subsidiaries in accordance with the terms of the mainline restructuring agreement.[/FONT][/P][/BLOCKQUOTE]