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US Airways obtains the USD 1bn loan extension
Washington, Usa - Handed out in 2003, when carrier for the first time went bankrupt
The Bank of America, Retirement Systems of Alabama and Air Transportation Stabilization Board (that is the board for airlines hit from the September 11 consequences), would have granted to US Airways the USD 1bn loan extension which will be assured to airline until half of January 2005: the loan has been handed out in 2003, when carrier went bankrupt first time. Now it is waiting for Bankruptcy Court...
AVIONEWS - World Aeronautical Press Agency - 105129
AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency