US Airways Prepares Response For Rendell
PITTSBURGH (Post-Gazette), August 7 - US Airways has told Gov. Ed Rendell's office that it could be several weeks before it responds to the governor's offer of a $263.9 million package of cost-saving measures and capital improvements at Pittsburgh and Philadelphia international airports. Rendell's offer on June 11 was the opening gambit in negotiations between the airline and Pennsylvania officials over a new lease for US Airways at Pittsburgh airport. The airline has canceled its current airport leases, effective Jan. 5.
The Beaver County Times wrote on August 10, Just before exiting bankruptcy March 31, US Airways dropped its leases at Pittsburgh International Airport, saying the cost of doing business here was too high. William Lauer, chairman of Allegheny Capital Management said four months post-bankruptcy he's still not quite sure of US Airways' strategy for growing the airline. It's possible, he said, management is awaiting the outcome of United's bankruptcy before committing itself. The case could resolve itself in three ways: United could continue as-is, it could continue as a smaller airline or it could go belly-up.
Chip comments: I was just wondering...out of the five cities the Chicago Tribune listed above, how many of them were listed in the UCT & ICT conversations? Furthermore, I wonder if US Airways' delays or stalling tactics with Pennsylvania government leaders could be effected by Judge Wedoff's ruling in September?
Best regards,
Chip
PITTSBURGH (Post-Gazette), August 7 - US Airways has told Gov. Ed Rendell's office that it could be several weeks before it responds to the governor's offer of a $263.9 million package of cost-saving measures and capital improvements at Pittsburgh and Philadelphia international airports. Rendell's offer on June 11 was the opening gambit in negotiations between the airline and Pennsylvania officials over a new lease for US Airways at Pittsburgh airport. The airline has canceled its current airport leases, effective Jan. 5.
The Beaver County Times wrote on August 10, Just before exiting bankruptcy March 31, US Airways dropped its leases at Pittsburgh International Airport, saying the cost of doing business here was too high. William Lauer, chairman of Allegheny Capital Management said four months post-bankruptcy he's still not quite sure of US Airways' strategy for growing the airline. It's possible, he said, management is awaiting the outcome of United's bankruptcy before committing itself. The case could resolve itself in three ways: United could continue as-is, it could continue as a smaller airline or it could go belly-up.
Chip comments: I was just wondering...out of the five cities the Chicago Tribune listed above, how many of them were listed in the UCT & ICT conversations? Furthermore, I wonder if US Airways' delays or stalling tactics with Pennsylvania government leaders could be effected by Judge Wedoff's ruling in September?
Best regards,
Chip
