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 warns of second bankruptcy

Arlington, USA - This financial problems were listed during filing with SEC

US Airways is calling for a 25 per cent reduction in its operating costs within the next few months and has warned that without these cuts it could be forced to file for a second bankruptcy or sell assets. The continued financial problems of the airline were underlined in a filing with the Securities and Exchange Commission on Friday, warning that without wide-ranging changes to its business plan,...

AVIONEWS - World Aeronautical Press Agency - 63069
Rome, Italy, 05/10/2004 15:55
AVIONEWS - World Aeronautical Press Agency

Similar

AirlinesSpirit Airlines appoints Davis as President and CEO

And new team members

Spirit Aviation Holdings, Inc., parent company of Spirit Airlines, LLC, announced yesterday that its Board of Directors has appointed Dave Davis as President and Chief Executive Officer and a member of... more

AirlinesBelgium, Easter chaos at Charleroi airport: Ryanair calls for military intervention

Low-cost airline appeals to Wallonia Government to "avoid collapse"

Thousands of passengers stranded and flight connections at risk in the midst of the holidays due to "serious shortage of security personnel" more

AirlinesAzorra delivers Mongolia’s E-195E2 aircraft to Hunnu Air

The first of two new airplanes

Azorra has delivered the first of two new E-195E2 aircraft to Hunnu Air, marking a new partnership for the lessor and the first E2 to operate in Mongolia.The E-195E2 delivered from Azorra’s firm orderbook w... more