US Airways Off Course, Again
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Remember the 1980s movie Wall Street, starring Michael Douglas and Charlie Sheen? For those who don&#39;t know, here&#39;s a recap: To impress financier Gordon Gecko, played by Douglas, Sheen&#39;s Bud Fox provides inside information ...
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UNDATED This year brought more evidence of how the US airline industry has turned upside down. The once-mighty hub-and-spoke carriers continue to lose money while low-cost operators remain profitable and drive more change.
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For US Airways employees, anxiety intensifies as the carrier takes its second dip into bankruptcy restructuring in two years.
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Federal regulators say they will investigate travel disruptions that affected US Airways Group Inc. passengers over the holiday weekend.
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As operations slowly returned to near-normal for US Airways on Monday, union leaders blamed the airline&#39;s Christmas meltdown on bad planning, and denied that workers had staged a &quot;sickout&quot; to penalize the company for slashing their pay.
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Big labor unions at bankrupt US  Airways Group Inc. UAIRQ.OB claimed on Tuesday the carrier  has fallen far short of proving that it must have immediate  court-imposed wage and other cuts to survive.
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Bankrupt US Airways Group Inc.  UAIRQ.OB on Thursday reported a wider third-quarter net loss  as storms and high fuel prices hurt results.
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A "frustrated" chief executive of US Airways Group Inc. told employees yesterday that despite recent assertions from the airline's chairman, the carrier could survive a second bankruptcy filing -- but only with revised labor agreements.
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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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US Airways Group Inc. shares plunged Monday after the troubled air carrier filed for bankruptcy for the second time in two years, and the industry&#39;s financial turmoil persuaded investors to yank cash out of others in the sector.
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Shares of US Airways Group Inc.  UAIR.O slid as much as 23 percent on Tuesday after leaders of  its pilots union rejected the company's latest contract  proposal, dealing a blow to its attempt to avoid a second trip  through bankruptcy.
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US Airways Group Inc. attorneys and executives acknowledged in bankruptcy court Thursday that bookings had fallen more steeply than they had anticipated in reaction to their Chapter 11 filing last month.
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US Airways is at risk of filing Chapter 11 bankruptcy, which has frequent fliers thinking about cashing in miles, Boston.com reports.
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United and US Airways -- in bankruptcy protection and Delta Air Lines creeping ever closer, passengers are increasingly worried about some fundamental issues
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US Airways Group Inc, struggling to avert a second bankruptcy filing since 2002, and its pilots union have agreed to resume negotiations on US$295 million in pay-and-benefit cuts.
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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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Barring a last-minute change of heart by its recalcitrant unions, US Airways appears all but certain to seek bankruptcy protection on Sunday.