Do you want to access to this and other private contents?
Log in if you are a subscriber or click here to request service
US Airways: sacrifice to survive
Imperial, Usa - USD 1.3bn worth cuts
US Airways, the US seventh-largest carrier, has said it needs to cut USD 1.3bn in annual costs to qualify for federal loan guarantees offered to airlines after Sept. 11. The airline CEO, David Siegel, said USD 950m of that needs to come from labor costs while the remaining USD 350m will come from management cuts and supplier concessions. Siegel, who is touring US Airways hubs to sell the plan to...
AVIONEWS - World Aeronautical Press Agency - 29084
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency