Today''s Major Airline News

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chipmunn

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[SPAN class=t][FONT face=Times New Roman size=3][STRONG]US Airways Reaches Deal on Concessions, implements operational cost savings[/STRONG][/FONT][/SPAN][BR][BR][SPAN class=t][FONT face=Times New Roman size=3]NEW YORK (New York Times) - US Airways reached tentative agreements on concessions last night with unions representing its machinists and flight attendants, completing a package for an additional $200 million in wage and benefit cuts that the airline needed to avoid liquidation.[/FONT][/SPAN][BR][BR][SPAN class=t][FONT face=Times New Roman size=3]Complete Story: [/FONT][A href=http://www.nytimes.com/2002/12/21/business/21AIR.html?ex=1041138000&en=8dd212b6c991245e&ei=5040&partner=MOREOVER][FONT face=Times New Roman size=3]http://www.nytimes.com/2002/12/21/business/21AIR.html?ex=1041138000&en=8dd212b6c991245e&ei=5040&partner=MOREOVER[/FONT][/A][/SPAN][BR][BR][SPAN class=t][FONT face=Times New Roman size=3][STRONG]US Airways Files Reorganization Plan[/STRONG][/FONT][/SPAN][BR][BR][SPAN class=t][FONT face=Times New Roman size=3]WASHINGTON (Reuters) - US Airways Group Inc. plans to reduce annual costs by more $1.8 billion and hopes to emerge from bankruptcy protection next March under its reorganization plan, the airline said on Saturday.[/FONT][/SPAN][BR][BR][SPAN class=t][FONT face=Times New Roman size=3]Complete Story: [/FONT][A href=http://biz.yahoo.com/rb/021221/airlines_usairways_7.html][FONT face=Times New Roman size=3]http://biz.yahoo.com/rb/021221/airlines_usairways_7.html[/FONT][/A][/SPAN][BR][BR][FONT face=Times New Roman size=3][SPAN class=t][STRONG]US Airways Files Plan to Get Out Of Bankruptcy[!--plsfield:stop--] - Unions Also Make New Concessions [/STRONG][/SPAN][/FONT][BR][BR][FONT face=Times New Roman size=3][SPAN class=t]WASHINGTON (Washington Post) - US Airways late yesterday filed its plan to emerge from Chapter 11 bankruptcy leaner and more efficient, after announcing that it had wrapped up a second round of critical labor concessions by reaching tentative agreements with its flight attendants and machinists unions.[/NITF] [/SPAN][/FONT][BR][BR][SPAN class=t][FONT face=Times New Roman size=3]Complete Story: [/FONT][A href=http://www.washingtonpost.com/wp-dyn/articles/A20396-2002Dec21.html][FONT face=Times New Roman color=#0000ff size=3]http://www.washingtonpost.com/wp-dyn/articles/A20396-2002Dec21.html[/FONT][/A][/SPAN][BR][BR][SPAN class=t][SPAN][FONT face=Times New Roman size=3][STRONG]US Airways cuts concession deals with top unions - Service workers, flight attendants must vote[/STRONG][/FONT][/SPAN][/SPAN][BR][BR][SPAN class=t][SPAN][FONT face=Times New Roman size=3]CHARLOTTE (Charlotte Observer) - [/FONT][SPAN class=body-content][FONT face=Times New Roman size=3]After three weeks of tough negotiations to wrest $200 million in union concessions, US Airways reached tentative deals late Friday with all four of its major unions.[/FONT][BR][BR][FONT face=Times New Roman size=3]The airline announced agreements with its mechanics and fleet service workers, represented by the International Association of Machinists, and with the Association of Flight Attendants.[/FONT][BR][BR][FONT face=Times New Roman size=3]Members must vote on the deals.[/FONT][BR][BR][FONT face=Times New Roman size=3]With the agreements, the airline -- which is operating under bankruptcy court protection -- was expected to file its reorganization plan late Friday or early today.[/FONT][BR][BR][FONT face=Times New Roman size=3]All four unions reluctantly agreed to the deals because they saw no alternatives, union spokespeople said. [/FONT][BR][BR][FONT face=Times New Roman size=3]Complete Story: [/FONT][A href=http://www.charlotte.com/mld/observer/business/4787889.htm][FONT face=Times New Roman color=#0000ff size=3]http://www.charlotte.com/mld/observer/business/4787889.htm[/FONT][/A][BR][BR][FONT face=Times New Roman][FONT size=3][STRONG]US Airways Files Reorg Plan, Hinges on $1B Loan Guarantee[/STRONG] [/FONT][/FONT][BR][BR][FONT face=Times New Roman size=3]ARLINGTON (AP) - US Airways Group Inc. has filed a proposed reorganization plan that hinges on the airline securing a $1 billion federal loan guarantee, $240 million investment from the Alabama state pension fund and pay givebacks by the airline's employees, the company said Saturday.[/FONT][BR][BR][FONT face=Times New Roman size=3]Complete Story: [/FONT][A href=http://www.quicken.com/investments/news/story/?story=NewsStory/dowJones/20021221/ON200212211800000037.var&p=UAWGQ][FONT face=Times New Roman color=#0000ff size=3]http://www.quicken.com/investments/news/story/?story=NewsStory/dowJones/20021221/ON200212211800000037.var&p=UAWGQ[/FONT][/A][BR][BR][STRONG][FONT face=Times New Roman color=#333333 size=3]US Airways Expects to Finish Reorganization by March, wholly owneds may not come out of bankruptcy[/FONT][/STRONG][BR][BR][FONT face=Times New Roman size=3]ARLINGTON (Bloomberg) - US Airways Group Inc. filed a bankruptcy reorganization that would allow the seventh-largest U.S. airline to come out of Chapter 11 as early as March under new ownership. [/FONT][BR][BR][FONT face=Times New Roman size=3]Complete Story: [/FONT][A href=http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_relnews.ht&s=APgTeHxYgVVMgQWly][FONT face=Times New Roman color=#0000ff size=3]http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_relnews.ht&s=APgTeHxYgVVMgQWly[/FONT][/A][BR][BR][STRONG][FONT face=Times New Roman size=3]US Airways charts reorganization - [/FONT][FONT face=arial size=4][FONT face=Times New Roman size=3]Troubled airline gives details to U.S. Bankruptcy Court[/FONT] [/FONT][/STRONG][BR][BR][FONT face=Times New Roman size=3]PITTSBURGH (Post-Gazette) - US Airways said yesterday it will need to obtain $900 million in federal loan guarantees, secure a $240 million investment from an Alabama pension fund, and win union approval for recently-negotiated benefit cuts and work-rule changes if the airline is to fly out of bankruptcy protection by the end of March. [/FONT][BR][BR][FONT face=Times New Roman size=3]The details of how the airline intends to pay its creditors and operate after bankruptcy were outlined in a reorganization plan, which the carrier filed late Friday with the U.S. Bankruptcy Court for the Eastern District of Virginia. The plan's details were not disclosed until yesterday.[/FONT][BR][BR][FONT face=Times New Roman size=3]Complete Story: [/FONT][A href=http://www.post-gazette.com/businessnews/20021222usair1222p1.asp][FONT face=Times New Roman color=#0000ff size=3]http://www.post-gazette.com/businessnews/20021222usair1222p1.asp[/FONT][/A][FONT face=Times New Roman color=#0000ff size=3] [/FONT][BR][BR][FONT color=#0000ff][FONT face=Times New Roman][FONT size=3][FONT color=#000000][STRONG]Airline keeps to timetable[/STRONG][/FONT][/FONT][/FONT][/FONT][BR][BR][FONT color=#0000ff][FONT size=3][FONT color=#000000][FONT face=Times New Roman]PITTSBURGH (Tribune-Review) - US Airways Group Inc. said Saturday that the reorganization plan it filed the night before with the U.S. Bankruptcy Court in Alexandria, Va., allows the airline to stick to its fast track bankruptcy timetable. [BR][BR]They're going to be flying to the same number of communities, and they're going to continue on the track they've been going, said Mike Boyd of the Boyd Group, an airline consultant in Evergreen, Colo. All of which says to me they will be out of bankruptcy by April. [BR][BR]Complete Story: [/FONT][A href=http://www.pittsburghlive.com/x/tribune-review/business/s_109167.html][FONT face=Times New Roman color=#0000ff]http://www.pittsburghlive.com/x/tribune-review/business/s_109167.html[/FONT][/A][/FONT][FONT face=Times New Roman color=#0000ff] [/FONT][/FONT][/FONT][/SPAN][/SPAN][/SPAN]
 

N513AU

Advanced
Aug 20, 2002
219
0
[blockquote]
----------------
On 12/22/2002 1:12:28 AM chipmunn wrote:

[SPAN class=t][FONT face="Times New Roman" size=3][STRONG]US Airways Reaches Deal on Concessions, implements operational cost savings[/STRONG][/FONT][/SPAN]

[SPAN class=t][FONT face="Times New Roman" size=3]NEW YORK (New York Times) - US Airways reached tentative agreements on concessions last night with unions representing its machinists and flight attendants, completing a package for an additional $200 million in wage and benefit cuts that the airline needed to avoid liquidation.[/FONT][/SPAN]

[SPAN class=t][FONT face="Times New Roman" size=3]Complete Story: [/FONT][A href="http://www.nytimes.com/2002/12/21/business/21AIR.html?ex=1041138000&en=8dd212b6c991245e&ei=5040&partner=MOREOVER"][FONT face="Times New Roman" size=3]http://www.nytimes.com/2002/12/21/business/21AIR.html?ex=1041138000&en=8dd212b6c991245e&ei=5040&partner=MOREOVER[/FONT][/A][/SPAN]

[SPAN class=t][FONT face="Times New Roman" size=3][STRONG]US Airways Files Reorganization Plan[/STRONG][/FONT][/SPAN]

[SPAN class=t][FONT face="Times New Roman" size=3]WASHINGTON (Reuters) - US Airways Group Inc. plans to reduce annual costs by more $1.8 billion and hopes to emerge from bankruptcy protection next March under its reorganization plan, the airline said on Saturday.[/FONT][/SPAN]

[SPAN class=t][FONT face="Times New Roman" size=3]Complete Story: [/FONT][A href="http://biz.yahoo.com/rb/021221/airlines_usairways_7.html"][FONT face="Times New Roman" size=3]http://biz.yahoo.com/rb/021221/airlines_usairways_7.html[/FONT][/A][/SPAN]

[FONT face="Times New Roman" size=3][SPAN class=t][STRONG]US Airways Files Plan to Get Out Of Bankruptcy[!--plsfield:stop--] - Unions Also Make New Concessions [/STRONG][/SPAN][/FONT]

[FONT face="Times New Roman" size=3][SPAN class=t]WASHINGTON (Washington Post) - US Airways late yesterday filed its plan to emerge from Chapter 11 bankruptcy leaner and more efficient, after announcing that it had wrapped up a second round of critical labor concessions by reaching tentative agreements with its flight attendants and machinists unions.[/NITF] [/SPAN][/FONT]

[SPAN class=t][FONT face="Times New Roman" size=3]Complete Story: [/FONT][A href="http://www.washingtonpost.com/wp-dyn/articles/A20396-2002Dec21.html"][FONT face="Times New Roman" color=#0000ff size=3]http://www.washingtonpost.com/wp-dyn/articles/A20396-2002Dec21.html[/FONT][/A][/SPAN]

[SPAN class=t][SPAN][FONT face="Times New Roman" size=3][STRONG]US Airways cuts concession deals with top unions - Service workers, flight attendants must vote[/STRONG][/FONT][/SPAN][/SPAN]

[SPAN class=t][SPAN][FONT face="Times New Roman" size=3]CHARLOTTE (Charlotte Observer) - [/FONT][SPAN class=body-content][FONT face="Times New Roman" size=3]After three weeks of tough negotiations to wrest $200 million in union concessions, US Airways reached tentative deals late Friday with all four of its major unions.[/FONT]

[FONT face="Times New Roman" size=3]The airline announced agreements with its mechanics and fleet service workers, represented by the International Association of Machinists, and with the Association of Flight Attendants.[/FONT]

[FONT face="Times New Roman" size=3]Members must vote on the deals.[/FONT]

[FONT face="Times New Roman" size=3]With the agreements, the airline -- which is operating under bankruptcy court protection -- was expected to file its reorganization plan late Friday or early today.[/FONT]

[FONT face="Times New Roman" size=3]All four unions reluctantly agreed to the deals because they saw no alternatives, union spokespeople said. [/FONT]

[FONT face="Times New Roman" size=3]Complete Story: [/FONT][A href="http://www.charlotte.com/mld/observer/business/4787889.htm"][FONT face="Times New Roman" color=#0000ff size=3]http://www.charlotte.com/mld/observer/business/4787889.htm[/FONT][/A]

[FONT face="Times New Roman"][FONT size=3][STRONG]US Airways Files Reorg Plan, Hinges on $1B Loan Guarantee[/STRONG] [/FONT][/FONT]

[FONT face="Times New Roman" size=3]ARLINGTON (AP) - US Airways Group Inc. has filed a proposed reorganization plan that hinges on the airline securing a $1 billion federal loan guarantee, $240 million investment from the Alabama state pension fund and pay givebacks by the airline's employees, the company said Saturday.[/FONT]

[FONT face="Times New Roman" size=3]Complete Story: [/FONT][A href="http://www.quicken.com/investments/news/story/?story=NewsStory/dowJones/20021221/ON200212211800000037.var&p=UAWGQ"][FONT face="Times New Roman" color=#0000ff size=3]http://www.quicken.com/investments/news/story/?story=NewsStory/dowJones/20021221/ON200212211800000037.var&p=UAWGQ[/FONT][/A]

[STRONG][FONT face="Times New Roman" color=#333333 size=3]US Airways Expects to Finish Reorganization by March, wholly owneds may not come out of bankruptcy[/FONT][/STRONG]

[FONT face="Times New Roman" size=3]ARLINGTON (Bloomberg) - US Airways Group Inc. filed a bankruptcy reorganization that would allow the seventh-largest U.S. airline to come out of Chapter 11 as early as March under new ownership. [/FONT]

[FONT face="Times New Roman" size=3]Complete Story: [/FONT][A href="http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_relnews.ht&s=APgTeHxYgVVMgQWly"][FONT face="Times New Roman" color=#0000ff size=3]http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_relnews.ht&s=APgTeHxYgVVMgQWly[/FONT][/A]

[STRONG][FONT face="Times New Roman" size=3]US Airways charts reorganization - [/FONT][FONT face=arial size=4][FONT face="Times New Roman" size=3]Troubled airline gives details to U.S. Bankruptcy Court[/FONT] [/FONT][/STRONG]

[FONT face="Times New Roman" size=3]PITTSBURGH (Post-Gazette) - US Airways said yesterday it will need to obtain $900 million in federal loan guarantees, secure a $240 million investment from an Alabama pension fund, and win union approval for recently-negotiated benefit cuts and work-rule changes if the airline is to fly out of bankruptcy protection by the end of March. [/FONT]

[FONT face="Times New Roman" size=3]The details of how the airline intends to pay its creditors and operate after bankruptcy were outlined in a reorganization plan, which the carrier filed late Friday with the U.S. Bankruptcy Court for the Eastern District of Virginia. The plan's details were not disclosed until yesterday.[/FONT]

[FONT face="Times New Roman" size=3]Complete Story: [/FONT][A href="http://www.post-gazette.com/businessnews/20021222usair1222p1.asp"][FONT face="Times New Roman" color=#0000ff size=3]http://www.post-gazette.com/businessnews/20021222usair1222p1.asp[/FONT][/A][FONT face="Times New Roman" color=#0000ff size=3] [/FONT]

[FONT color=#0000ff][FONT face="Times New Roman"][FONT size=3][FONT color=#000000][STRONG]Airline keeps to timetable[/STRONG][/FONT][/FONT][/FONT][/FONT]

[FONT color=#0000ff][FONT size=3][FONT color=#000000][FONT face="Times New Roman"]PITTSBURGH (Tribune-Review) - US Airways Group Inc. said Saturday that the reorganization plan it filed the night before with the U.S. Bankruptcy Court in Alexandria, Va., allows the airline to stick to its "fast track" bankruptcy timetable.

"They're going to be flying to the same number of communities, and they're going to continue on the track they've been going," said Mike Boyd of the Boyd Group, an airline consultant in Evergreen, Colo. "All of which says to me they will be out of bankruptcy by April."

Complete Story: [/FONT][A href="http://www.pittsburghlive.com/x/tribune-review/business/s_109167.html"][FONT face="Times New Roman" color=#0000ff]http://www.pittsburghlive.com/x/tribune-review/business/s_109167.html[/FONT][/A][/FONT][FONT face="Times New Roman" color=#0000ff] [/FONT][/FONT][/FONT][/SPAN][/SPAN][/SPAN]
----------------
[/blockquote]

US Airways employees accept concessions and fund Stephen Wolf and Rakesh Gangwal's golden parachutes at expense of their own pensions and wages.
 

N513AU

Advanced
Aug 20, 2002
219
0
[blockquote]
----------------
On 12/22/2002 1:12:28 AM chipmunn wrote:

[SPAN class=t][FONT face="Times New Roman" size=3][STRONG]US Airways Reaches Deal on Concessions, implements operational cost savings[/STRONG][/FONT][/SPAN]

[SPAN class=t][FONT face="Times New Roman" size=3]NEW YORK (New York Times) - US Airways reached tentative agreements on concessions last night with unions representing its machinists and flight attendants, completing a package for an additional $200 million in wage and benefit cuts that the airline needed to avoid liquidation.[/FONT][/SPAN]

[SPAN class=t][FONT face="Times New Roman" size=3]Complete Story: [/FONT][A href="http://www.nytimes.com/2002/12/21/business/21AIR.html?ex=1041138000&en=8dd212b6c991245e&ei=5040&partner=MOREOVER"][FONT face="Times New Roman" size=3]http://www.nytimes.com/2002/12/21/business/21AIR.html?ex=1041138000&en=8dd212b6c991245e&ei=5040&partner=MOREOVER[/FONT][/A][/SPAN]

[SPAN class=t][FONT face="Times New Roman" size=3][STRONG]US Airways Files Reorganization Plan[/STRONG][/FONT][/SPAN]

[SPAN class=t][FONT face="Times New Roman" size=3]WASHINGTON (Reuters) - US Airways Group Inc. plans to reduce annual costs by more $1.8 billion and hopes to emerge from bankruptcy protection next March under its reorganization plan, the airline said on Saturday.[/FONT][/SPAN]

[SPAN class=t][FONT face="Times New Roman" size=3]Complete Story: [/FONT][A href="http://biz.yahoo.com/rb/021221/airlines_usairways_7.html"][FONT face="Times New Roman" size=3]http://biz.yahoo.com/rb/021221/airlines_usairways_7.html[/FONT][/A][/SPAN]

[FONT face="Times New Roman" size=3][SPAN class=t][STRONG]US Airways Files Plan to Get Out Of Bankruptcy[!--plsfield:stop--] - Unions Also Make New Concessions [/STRONG][/SPAN][/FONT]

[FONT face="Times New Roman" size=3][SPAN class=t]WASHINGTON (Washington Post) - US Airways late yesterday filed its plan to emerge from Chapter 11 bankruptcy leaner and more efficient, after announcing that it had wrapped up a second round of critical labor concessions by reaching tentative agreements with its flight attendants and machinists unions.[/NITF] [/SPAN][/FONT]

[SPAN class=t][FONT face="Times New Roman" size=3]Complete Story: [/FONT][A href="http://www.washingtonpost.com/wp-dyn/articles/A20396-2002Dec21.html"][FONT face="Times New Roman" color=#0000ff size=3]http://www.washingtonpost.com/wp-dyn/articles/A20396-2002Dec21.html[/FONT][/A][/SPAN]

[SPAN class=t][SPAN][FONT face="Times New Roman" size=3][STRONG]US Airways cuts concession deals with top unions - Service workers, flight attendants must vote[/STRONG][/FONT][/SPAN][/SPAN]

[SPAN class=t][SPAN][FONT face="Times New Roman" size=3]CHARLOTTE (Charlotte Observer) - [/FONT][SPAN class=body-content][FONT face="Times New Roman" size=3]After three weeks of tough negotiations to wrest $200 million in union concessions, US Airways reached tentative deals late Friday with all four of its major unions.[/FONT]

[FONT face="Times New Roman" size=3]The airline announced agreements with its mechanics and fleet service workers, represented by the International Association of Machinists, and with the Association of Flight Attendants.[/FONT]

[FONT face="Times New Roman" size=3]Members must vote on the deals.[/FONT]

[FONT face="Times New Roman" size=3]With the agreements, the airline -- which is operating under bankruptcy court protection -- was expected to file its reorganization plan late Friday or early today.[/FONT]

[FONT face="Times New Roman" size=3]All four unions reluctantly agreed to the deals because they saw no alternatives, union spokespeople said. [/FONT]

[FONT face="Times New Roman" size=3]Complete Story: [/FONT][A href="http://www.charlotte.com/mld/observer/business/4787889.htm"][FONT face="Times New Roman" color=#0000ff size=3]http://www.charlotte.com/mld/observer/business/4787889.htm[/FONT][/A]

[FONT face="Times New Roman"][FONT size=3][STRONG]US Airways Files Reorg Plan, Hinges on $1B Loan Guarantee[/STRONG] [/FONT][/FONT]

[FONT face="Times New Roman" size=3]ARLINGTON (AP) - US Airways Group Inc. has filed a proposed reorganization plan that hinges on the airline securing a $1 billion federal loan guarantee, $240 million investment from the Alabama state pension fund and pay givebacks by the airline's employees, the company said Saturday.[/FONT]

[FONT face="Times New Roman" size=3]Complete Story: [/FONT][A href="http://www.quicken.com/investments/news/story/?story=NewsStory/dowJones/20021221/ON200212211800000037.var&p=UAWGQ"][FONT face="Times New Roman" color=#0000ff size=3]http://www.quicken.com/investments/news/story/?story=NewsStory/dowJones/20021221/ON200212211800000037.var&p=UAWGQ[/FONT][/A]

[STRONG][FONT face="Times New Roman" color=#333333 size=3]US Airways Expects to Finish Reorganization by March, wholly owneds may not come out of bankruptcy[/FONT][/STRONG]

[FONT face="Times New Roman" size=3]ARLINGTON (Bloomberg) - US Airways Group Inc. filed a bankruptcy reorganization that would allow the seventh-largest U.S. airline to come out of Chapter 11 as early as March under new ownership. [/FONT]

[FONT face="Times New Roman" size=3]Complete Story: [/FONT][A href="http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_relnews.ht&s=APgTeHxYgVVMgQWly"][FONT face="Times New Roman" color=#0000ff size=3]http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_relnews.ht&s=APgTeHxYgVVMgQWly[/FONT][/A]

[STRONG][FONT face="Times New Roman" size=3]US Airways charts reorganization - [/FONT][FONT face=arial size=4][FONT face="Times New Roman" size=3]Troubled airline gives details to U.S. Bankruptcy Court[/FONT] [/FONT][/STRONG]

[FONT face="Times New Roman" size=3]PITTSBURGH (Post-Gazette) - US Airways said yesterday it will need to obtain $900 million in federal loan guarantees, secure a $240 million investment from an Alabama pension fund, and win union approval for recently-negotiated benefit cuts and work-rule changes if the airline is to fly out of bankruptcy protection by the end of March. [/FONT]

[FONT face="Times New Roman" size=3]The details of how the airline intends to pay its creditors and operate after bankruptcy were outlined in a reorganization plan, which the carrier filed late Friday with the U.S. Bankruptcy Court for the Eastern District of Virginia. The plan's details were not disclosed until yesterday.[/FONT]

[FONT face="Times New Roman" size=3]Complete Story: [/FONT][A href="http://www.post-gazette.com/businessnews/20021222usair1222p1.asp"][FONT face="Times New Roman" color=#0000ff size=3]http://www.post-gazette.com/businessnews/20021222usair1222p1.asp[/FONT][/A][FONT face="Times New Roman" color=#0000ff size=3] [/FONT]

[FONT color=#0000ff][FONT face="Times New Roman"][FONT size=3][FONT color=#000000][STRONG]Airline keeps to timetable[/STRONG][/FONT][/FONT][/FONT][/FONT]

[FONT color=#0000ff][FONT size=3][FONT color=#000000][FONT face="Times New Roman"]PITTSBURGH (Tribune-Review) - US Airways Group Inc. said Saturday that the reorganization plan it filed the night before with the U.S. Bankruptcy Court in Alexandria, Va., allows the airline to stick to its "fast track" bankruptcy timetable.

"They're going to be flying to the same number of communities, and they're going to continue on the track they've been going," said Mike Boyd of the Boyd Group, an airline consultant in Evergreen, Colo. "All of which says to me they will be out of bankruptcy by April."

Complete Story: [/FONT][A href="http://www.pittsburghlive.com/x/tribune-review/business/s_109167.html"][FONT face="Times New Roman" color=#0000ff]http://www.pittsburghlive.com/x/tribune-review/business/s_109167.html[/FONT][/A][/FONT][FONT face="Times New Roman" color=#0000ff] [/FONT][/FONT][/FONT][/SPAN][/SPAN][/SPAN]
----------------
[/blockquote]

US Airways employees accept concessions and fund Stephen Wolf and Rakesh Gangwal's golden parachutes at expense of their own pensions and wages.
 

cavalier

Veteran
Aug 28, 2002
2,409
1
www.usaviation.com
US Airways employees accept concessions and fund Stephen Wolf and Rakesh Gangwal's golden parachutes at expense of their own pensions and wages.

--------------------------------------------------------------------------

But don't forget what some people will tell you;

At least you live to see another day and gather some crumbs.
 

cavalier

Veteran
Aug 28, 2002
2,409
1
www.usaviation.com
US Airways employees accept concessions and fund Stephen Wolf and Rakesh Gangwal's golden parachutes at expense of their own pensions and wages.

--------------------------------------------------------------------------

But don't forget what some people will tell you;

At least you live to see another day and gather some crumbs.