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US Airways: will it collapse?

Arlington, USA - Unions are worried: if carrier doesn't cut costs it will be in a state of insolvency

Today the Wall Street Journal reports the opinion of some investment bankers working for US Airways'pilots union: according to them airline would ask for bankruptcy protection by mid-September if it does not get cost cuts. A 26 page report, dated July 14, but released only this week to 3.400 ALPA members (Air Line Pilots Association), according to US newspaper, widely proves US Airways prudent attitude...

AVIONEWS - World Aeronautical Press Agency - 101770
Rome, Italy, 08/13/2004 17:37
AVIONEWS - World Aeronautical Press Agency

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