US Airways, 2 GE Units Propose New Financing
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US Airways said yesterday that it agreed with units of General Electric Co. to defer lease payments on some aircraft and to cut the cost of engine maintenance as part of its restructuring under bankruptcy protection.
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US Airways Group and Delta Air Lines are both looking to their executive ranks in their latest round of cost cuts.
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: United Airlines has begun reaching out to potential lenders with its revamped business plan for financing to leave bankruptcy, the company said on Friday.
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Delta Air Lines Inc. (DAL.N: Quote, Profile, Research) on Monday said General Electric Co.&#39;s (GE.N: Quote, Profile, Research) GE Commercial Finance has agreed to provide it $500
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No. 7 carrier must reach agreements with unions before Sept. 30, when it risks violating loan terms. NEW YORK  - US Airways&#39; pilots union leaders said Monday they proposed new contract terms to management
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A US bankruptcy court judge approved an agreement yesterday that extends US Airways Group Inc.&#39;s ability to draw on cash from its lenders to fund operations through mid-January.
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US Airways Group Inc. and its pilots union plan to resume talks on $295 million in pay and benefit cuts the carrier needs to help avoid a second bankruptcy filing, after each side made a proposal over the weekend.
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Some bondholders of bankrupt airline Delta Air Lines Inc.  have begun organizing an informal group to support US Airways Group Inc.'s  $8.78 billion takeover offer, the Wall Street Journal reported on its Web site on Wednesday.
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US Airways Group Inc. UAIRQ.OB,  which filed for bankruptcy protection in September, on Thursday  said it reached agreements with its lenders and lessors that  will let it keep flying most of its planes.
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Some key US Airways Group Inc. lenders have agreed to extend the terms of their financing to mid-January, The Wall Street Journal reports.
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Description: Less than two years after emerging from bankruptcy, US Airways once again seeks Chapter 11 protection from creditors.
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Dulles, VA, Aug. 17 (UPI) -- US Airways is seeking permission to delay pension contributions of $67.5 million, so it can keep operating.
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US Airways and its pilots union said on Saturday that they were willing to resume talks over a $295 million package of concessions, as time ran short for the company
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ALEXANDRIA, Va. -- US Airways Group Inc. has reached an agreement with its lenders and the US government to extend financing necessary for the bankrupt airline to operate through mid-January, court documents showed Tuesday.
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Bankrupt US Airways Group Inc. (UAIRQ) has reached an agreement with its lenders and the US government to extend financing necessary to operate through mid-January, court documents showed on Tuesday.
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The U.S. government may look to  financial institutions and other investors to help finance the  multibillion-dollar modernization of the air traffic system, a  senior Bush administration official said on Thursday.
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ARLINGTON, Va. - US Airways Group said Friday that it has reached agreement with General Electric Co. on aircraft leasing and financing terms to help the airline lower costs and reduce debt as it seeks to avoid liquidation.