Bookings Decline at US Airways
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US Airways Group Inc. attorneys and executives acknowledged in bankruptcy court yesterday that bookings had fallen more steeply than they had anticipated in reaction to their Chapter
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Days of bad weather, a computer malfunction and sick airline employees put tens of thousands of travelers in holiday limbo Saturday, with Comair canceling all its flights and US Airways trying to reconnect thousands of pieces of luggage with their owners.
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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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US Airways Group Inc. will begin liquidation in mid-January if it fails to secure new lower-cost, long-term contracts with three of its largest labor unions either by negotiation or court
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Negotiations between US Airways  UAIR.O and its pilots union over a new round of steep  concessions collapsed on Monday, heightening pressure on the  carrier as it tries to avert insolvency.
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The prospect of imminent airline industry consolidation faded on Tuesday as US Airways Group  reported no headway in its bid to take over bankrupt rival Delta Air Lines .
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US Airways Group Inc. stock fell as much as 21 percent in early trading after leaders of the airline&#39;s pilots union rebuffed a plan to cut $295 million in wages and benefits the company
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IMPERIAL, Pa. Some passengers express concern about US Airways&#39; latest bankruptcy filing, even though the airline vows to continue operating a normal schedule.
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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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British Airways struggled Tuesday to accommodate thousands of passengers affected by technical problems that canceled 21 flights, The Times of London reported.
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Talks between US Airways (UAIR.O: Quote, Profile, Research) and its pilots union over a new round of concessions collapsed on Monday, the union said.
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The pilots union of bankrupt airline US Airways (UAIRQ.O: Quote, Profile, Research) failed over the weekend to agree to a new round of pay cuts and will resume its deliberations on Tuesday, the New York Times reported.
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CHARLOTTE, N.C. -- A problem with a computerized reservation system caused delays for US Airways passengers yesterday at the airline's largest hub, the airline said. The airline was trying to combine US Airways and America West reservation systems; the two airlines merged in 2005.
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With a US Airways bankruptcy expected as early as today, a last-ditch effort to reach a $295 million cost-cutting deal with the pilots stalled again yesterday, with neither side meeting or trading new offers.
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SEPTEMBER 20, 2004 -- Regional jet manufacturers Bombardier and Embraer canceled huge orders that US Airways placed last year, a carrier spokesman confirmed today.
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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.
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US Airways passengers at Logan International Airport and other US Airways hubs faced a second day of long check-in lines and delayed flights yesterday after a computer system upgrade generated a host of glitches.