US Airways Chairman: Liquidation Possible
304106
US Airways Group Inc.&#39;s (UAIR.O: Quote, Profile, Research) chairman said employees must agree to $800 million in new wage and benefit cuts within 30 days or the airline might be liquidated, the New York Times said on Thursday, citing ...
663046
The board of Delta Air Lines Inc.  met by conference call to discuss US Airways Group Inc.'s  $8.5 billion hostile bid, but the directors are not expected to issue a formal position on the offer for several days, the Wall Street Journal reported on its Web site on Tuesday, citing people familiar with the matter.
729556
US Airways Group Inc.'s (UAIR.O) chairman said employees must agree to &#36;800 million in new wage and benefit cuts within 30 days or the airline might be liquidated, the New York Times said on Thursday, citing an interview with Chairman David Bronner.
368418
A group representing business travelers was expected to ask the US Congress on Tuesday to draft plans in the event that several major airlines are forced to liquidate.
191166
ALEXANDRIA, VA. The former chief financial officer for US Airways is offering a bleak outlook for the carrier. Dave Davis told a bankruptcy court in Virginia the airline doesn&#39;t expect to turn a profit until 2007.
117313
US Airways Group Inc. has told a judge in US Bankruptcy Court it needs an answer by the end of next week on its proposal to cut employee pay 23% or it faces possible liquidation, the Associated Press reports.
403837
arring a last-minute change of heart by its recalcitrant unions, US Airways appears all but certain to seek bankruptcy protection on Sunday, people briefed on the situation said yesterday.
278419
As US Airways (Nasdaq: UAIR) slides back into bankruptcy, it should take a hint from Hawaiian Holdings (AMEX: HA). The company&#39;s Hawaiian Airlines subsidiary is also under the
653775
Pilots and management at US Airways continue talks Friday in hopes of making a deal to help save the struggling carrier. Negotiations might continue into the Labor Day weekend, says pilots union spokesman Jack Stephan.
329965
The chairman of US Airways said that its employees must agree to a third round of wage and benefit cuts worth $800 million in the next 30 days or the airline could be liquidated.
151479
ALEXANDRIA, Va.  - US Airways Group Inc. sought  bankruptcy on Sunday for the second time in two years, squeezed  by low-cost rivals, soaring fuel prices and a failure to win  new labor concessions.
503781
US Airways UAIRQ.OB said on  Saturday it has no current plans to reduce its fleet of  aircraft, disputing postings on the Internet that the bankrupt  carrier has put planes up for sale.
539125
Leaders of the pilots&#39; union at bankrupt US Airways were considering Friday whether to forward to members a proposed contract renegotiation that includes an average pay cut of more than 18 percent.
312519
Amid talk of a possible liquidation, bankrupt US Airways in recent weeks completed a reorganization that eliminated several corporate sales positions while emphasizing newer
245006
US Airways Group Inc. yesterday asked a federal bankruptcy judge to void labor agreements with three unions to help it slash costs and avoid liquidation.
533579
The airline's plan to emerge from bankruptcy may include canceling its pension plans.
261737
US Airways Group Inc. must rely on daily revenue and cash to operate during its bankruptcy reorganization, leaving it vulnerable to liquidation unless the carrier can raise exit financing.