S&P comments on US Airways

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chipmunn

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[P][A href=http://biz.yahoo.com/rf/021101/airlines_usairways_s_p_1.html][FONT face=Times New Roman color=#000000 size=3]http://biz.yahoo.com/rf/021101/airlines_usairways_s_p_1.html[/FONT][/A][/P]
[P][FONT face=Times New Roman size=3]The company noted further deterioration in the industry in September and has taken additional cost-cutting steps since then. Prospects for reorganization remain fairly good, but any substantial further decline in revenues caused by a U.S. war with Iraq and/or renewed terrorism could erode liquidity to dangerous levels over the next two quarters. [/FONT][/P]