EDS says previous outlook didn&#39;t factor in US Airways woes
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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. said yesterday that sharply rising fuel costs in recent weeks have made the bankrupt airline's already dismal financial outlook even more acute.
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Electronic Data Systems Corp. EDS.N,  the world's second-largest technology services provider, on  Monday said it has postponed its earnings announcement until  Nov. 3 to evaluate a possible assets impairment of its  problematic Navy contract.
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Air travelers in the United States face  crowded planes and rising fares this year, but those conditions  have not dampened ticket demand, the chief executive of  American Airlines said on Wednesday.
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Initial worries that advertising would annoy airplane passengers have now been allayed, US Airways and its advertising partner say.
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ARLINGTON, Va. - US Airways has assured customers they won't notice any changes following its decision to file for bankruptcy protection, the second time in two years the airline has sought such help as it struggles against lower-cost rivals...
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Chief executives in the United States  are not as pessimistic as the Business Council thought last  week when it issued its economic survey, the group said on  Tuesday, citing a "tabulation error."
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WASHINGTON: US airlines, after a Christmas weekend that snarled thousands of travellersâ holiday plans, will face a government review of whether they are living up to customer service commitments made five years ago, the US transportation departmentâs
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If you&#39;re flying this weekend, you might want to have a change of clothes and a toothbrush with you in a carry-on bag. After last weekend&#39;s fiasco with US Airways
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The chief executive of US Airways said Thursday that a Chapter 11 bankruptcy filing is still a possibility for the ailing carrier but that talk of an impending liquidation was unfounded.
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Services provider Electronic Data Systems Corp. (EDS) on Monday reported a net loss of US$153 million, or $0.30 per share, for the third quarter of this year. The report had been delayed multiple times as the company grappled with accounting issues.
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US stock-index futures were little changed amid concern recent gains for US indexes aren&#39;t justified by prospects for earnings growth.
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WHILE THE Financial Times reported that Airbus was putting its oar in to influence the outcome of a Microsoft appeal to a European court, Reuters reports today that the aerospace firm doesn&#39;t have an axe to grind.
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Chief executives in the United States are not as pessimistic as the Business Council thought last week when it issued its economic survey, the group said on Tuesday, citing a "tabulation error."
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US Airways Group scrambled to find cost savings to avoid tumbling back into bankruptcy, an event industry analysts warn could come as early as this weekend.
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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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Onge and Mary Schlangenstein. US Airways said yesterday it can&#39;t attract $250 million needed to avoid liquidation and exit bankruptcy under its current recovery plan, the former chief financial officer said.