Us Airways To Cut Fleet Again, Restates Loss

DCAflyer

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Aug 27, 2002
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WASHINGTON, May 4 (Reuters) - Bankrupt US Airways Group Inc. (UAIRQ.OB: Quote, Profile, Research) took a $91 million charge for terminating employee pension plans on Wednesday and said it would shrink its mainline fleet by another 10 aircraft this summer.

The seventh-largest domestic carrier also said its load factor, or the percentage of available seats that are filled each month, fell 3.9 percent to 75.9 in April.

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