All US Airways/US Airways Express Employees
Please Post ... Special Bulletin
While there have been sporadic news media reports about speculation that the company is in discussions with other airlines and potential financial investors, this morning's news coverage is much more extensive.
As you will note, we have not commented on any such rumors or speculation. However, you should assume that as we work to finalize a new business plan and related Plan of Reorganization to exit Chapter 11 and most importantly, seek to raise new capital through a substantial equity investment that we have been in discussions with a number of interested parties over the past several months.
Our employees have worked right along side the management team throughout this process, and have made difficult choices and enormous sacrifices to help the company restructure. Our collective accomplishments and sacrifices are clearly recognized by potential business partners, as we are building an airline with a competitive cost structure to match our competitive market position.
I regret that I cannot be more specific, and acknowledge that this can be frustrating for those employees who want to know more about what might be going on. While this process continues, however, I encourage all employees to keep doing what you do best take care of our customers. Please stay focused on your work, with the comfort and safety of our passengers at the top of the list. We are heartened by the fact that planes are full, and we want to keep giving our customers a reason to fly US Airways.
When there is something specific that we can tell the public and our employees, we will use all available US Airways communications channels to share with you as much information as possible.
Sincerely,
Bruce R. Lakefield
Please Post ... Special Bulletin
While there have been sporadic news media reports about speculation that the company is in discussions with other airlines and potential financial investors, this morning's news coverage is much more extensive.
As you will note, we have not commented on any such rumors or speculation. However, you should assume that as we work to finalize a new business plan and related Plan of Reorganization to exit Chapter 11 and most importantly, seek to raise new capital through a substantial equity investment that we have been in discussions with a number of interested parties over the past several months.
Our employees have worked right along side the management team throughout this process, and have made difficult choices and enormous sacrifices to help the company restructure. Our collective accomplishments and sacrifices are clearly recognized by potential business partners, as we are building an airline with a competitive cost structure to match our competitive market position.
I regret that I cannot be more specific, and acknowledge that this can be frustrating for those employees who want to know more about what might be going on. While this process continues, however, I encourage all employees to keep doing what you do best take care of our customers. Please stay focused on your work, with the comfort and safety of our passengers at the top of the list. We are heartened by the fact that planes are full, and we want to keep giving our customers a reason to fly US Airways.
When there is something specific that we can tell the public and our employees, we will use all available US Airways communications channels to share with you as much information as possible.
Sincerely,
Bruce R. Lakefield