US Airways? Too Flighty.
By Tim Beyers (TMF Mile High)
September 29, 2005
US Airways (NYSE: LCC), the oft-beleaguered carrier, has emerged from bankruptcy, trimmer and supposedly stronger after a merger with America West and a year in bankruptcy. I've my doubts that any real good can come of this, but apparently many of you don't share my concern. The stock, which now trades under the all-too-cute symbol LCC -- for "low-cost carrier" -- saw its shares rise more than 6% by yesterday's close.
Cash your reality check
Who are you people? Are you the same ones who bid up Delta (NYSE: DAL) 40% when it filed for bankruptcy protection? If so, good luck. But if you're not, and yet you find yourself oddly intrigued and contemplating a purchase, I'd like to point you to the top four reasons not to buy, as recounted by US Airways. Yes, you read that right. These come straight from the airline's S-1 filing, beginning on page 16 with "Risks Related to Our Business":
http://www.fool.com/news/mft/2005/mft05092...nce=y&bounce2=y
By Tim Beyers (TMF Mile High)
September 29, 2005
US Airways (NYSE: LCC), the oft-beleaguered carrier, has emerged from bankruptcy, trimmer and supposedly stronger after a merger with America West and a year in bankruptcy. I've my doubts that any real good can come of this, but apparently many of you don't share my concern. The stock, which now trades under the all-too-cute symbol LCC -- for "low-cost carrier" -- saw its shares rise more than 6% by yesterday's close.
Cash your reality check
Who are you people? Are you the same ones who bid up Delta (NYSE: DAL) 40% when it filed for bankruptcy protection? If so, good luck. But if you're not, and yet you find yourself oddly intrigued and contemplating a purchase, I'd like to point you to the top four reasons not to buy, as recounted by US Airways. Yes, you read that right. These come straight from the airline's S-1 filing, beginning on page 16 with "Risks Related to Our Business":
http://www.fool.com/news/mft/2005/mft05092...nce=y&bounce2=y
