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US Airways cuts costs to face competition

Philadelphia, USA - The low-cost carriers gain ground

Us Airways Group Inc., the dominant carrier in Philadelphia, announced yesterday that it intended to reduce costs by USD 200 m to USD 300 m next year: it will reduce expenses for maintenance, flight operations and human resources. David Siegel, Chief Executive Officer declared at the Citigroup Smith Barney Transportation Conference in New York that the cost reductions are necessary to compete successfully...

AVIONEWS - World Aeronautical Press Agency - 55080

AVIONEWS - World Aeronautical Press Agency
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