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US Airways needs USD 1bn to rise again

Washington, Usa - And thus it filed for a federal loan guarantee of USD 900m

US Airways, the American air carrier that from September 11 to May 31 posted a net loss of USD 1,425bn, filed for a federal loan guarantee of USD 900m out "of a USD 1 bn loan that the airline will use in a corporate restructuring". That's maybe the last attempt Us Airways does in order to rescue from the deep and gloomy crisis it entered because of the international downturn followed to September terror...

AVIONEWS - World Aeronautical Press Agency - 29704
Rome, Italy, 06/11/2002 11:42
AVIONEWS - World Aeronautical Press Agency

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