Analysts Cast Doubt  On US Airways' Value
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As the carrier struggles to survive a second bankruptcy filing, analysts say its operations would be of scant value to other airlines if it were forced out of business.
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ALEXANDRIA, Va. Sept. 27, 2004 - US Airways Group Inc. warned in a bankruptcy court filing that it may have to liquidate by February if a judge does not impose a temporary 23 percent pay cut on its union workers.
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US Airways Group Inc.  is set to announce a large order of Airbus jets that could be worth more than $10 billion at list prices, according to published reports.
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New York (Dow Jones) -- Electronic Data Systems Corp. said Thursday its financial forecast for the second half of the year didn&#39;t reflect the impact of US Airways Group Inc.
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US Airways Group Inc. could report a profit of $25 million to $30 million in 2007 if it gets the $1 billion in cost savings it seeks from its labor unions, the former chief financial officer said yesterday.
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Shares of US Airways Group Inc. slipped  as much as 23 percent in early trading on Tuesday after its  pilots union rejected the company's latest contract proposal, a  blow to its attempt to avoid a second trip through bankruptcy.
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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
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US Airways Group Inc.'s UAIR.O  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 an  interview with Chairman David Bronner.
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The airline sector, clouded by US Airways Group Inc.&#39;s recent bankruptcy and Delta Air Lines Inc.&#39;s impending financial shortfall, sank deeper in Monday trading as low-cost carriers took a hit from lowered analyst ratings and rising oil prices.
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ALEXANDRIA, Va. -- Sitting at the front of US Bankruptcy Court, surrounded by US Airways&#39; managers and high-priced lawyers, Chief Executive Officer Bruce Lakefield looked nervous, almost embarrassed.
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SAN FRANCISCO (CBS.MW) - Snubbed by its pilots, US Airways Group is scrambling to find cost savings among other union workers to avoid tumbling back into bankruptcy, an event industry analysts warn could come as early as this weekend.
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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.
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Troubled airline US Airways owes the Massachusetts Port Authority nearly $1 million, money that specialists watching the bankruptcy say the agency is unlikely to recover in full.
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US Airways Group Inc. probably will need more cost cuts or a boost in revenue to attract the &#36;250 million in equity it says it needs to leave bankruptcy next year, the company said on Thursday.
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The company's stock seems fairly valued with all the uncertainty in the air.
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Stock exchanges' stratospheric valuations may not reflect reality.
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The airline sector, clouded by US Airways Group Inc.&#39;s recent bankruptcy and Delta Air Lines Inc.&#39;s impending financial shortfall, sank deeper in Monday trading as low-cost carriers took a hit from lowered analyst ratings.