US Airways gets $1 billion federal loan (UAWGQ) By Rachel Koning
The Air Transportation Stabilization Board announced Monday it was granting a $1 billion loan to US Airways, Inc. The loan is backed by a $900 million federal guarantee provided under the Air Transportation Safety and System Stabilization Act.
No matter how high-quality the tools, one must have the skills to use them. No one who has been at the helm of USAir(ways) since deregulation in 1978 has shown any of these skills. Can Dave actually be different? Like it or not, Dave is our last chance, and there's not much more left to squeeze out of the employees. So finally, someone has to actually MANAGE this company.