US Air, GE Reach Deal on Plane Leases
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Bankrupt US Airways Group Inc..(UAIRQ.OB: Quote, Profile, Research) said Friday it has reached a new aircraft lease and financing deal with General Electric Co.
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Bankrupt US Airways Group Inc.  reached a tentative agreement on Friday with negotiators for  its pilots union on $300 million in annual concessions, the  company and the labor group said.
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The union representing US Airways&#39; (USAIRQ.OB:OTC-BB - news - research) passenger service employees said it has reached a tentative labor agreement with the bankrupt carrier.
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US Airways, 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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US Airways reached a tentative deal on Thursday with negotiators for its flight attendants union for USD$94 million in yearly concessions to help the bankrupt carrier avoid liquidation, union and company officials said.
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Bankrupt US Airways UAIRQ.O on  Tuesday reached a tentative agreement on concessions with the  union representing dispatchers, the company said.
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The United States and the European  Union averted a legal clash over rivals Airbus and Boeing on  Tuesday, agreeing to talks on eliminating billions of dollars  in subsidies to the world's top two plane makers.
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GE Aviation  will sign a $550  million deal with Shanghai Airlines for nine aircraft engines  and a related service contract, the U.S. Commerce Department  said in a statement on Wednesday.
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US Airways Group Inc. reached a tentative agreement for a new contract with flight crew training instructors, the company said Sunday, shortly after it asked the bankruptcy court overseeing its restructuring to impose mandatory pay cuts across the board.
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General Electric Co. GE.N said on  Friday that two private investment firms completed a deal to  acquire a majority interest in its Capital International  Services unit.
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Deal will give the ailing carrier $80M in annual savings; a $140M loan and access to 31 new jets. NEW YORK  - Bankrupt US Airways Group Inc.
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US Airways Group Inc. on Thursday won court approval to move ahead with an aircraft leasing and financing deal that will help the struggling airline lower costs and reduce debt.
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A union representing nearly 6,000 US Airways workers yesterday said it has struck a tentative concession deal with the airline, easing the likelihood
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The US and the EU agree a new deal to share details about airline passengers, officials say.
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Bankrupt US Airways Group Inc. (UAIRQ.OB: Quote, Profile, Research) reached a tentative agreement on Friday with negotiators for its pilots union on $300 million
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Bankrupt US Airways Group Inc.  reached a tentative agreement on Friday with negotiators for its pilots union on &#36;300 million in annual concessions.
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The lead negotiators for US Airways flight attendants reached a tentative agreement on a new contract that will save the carrier about $94 million a year, officials from both sides said yesterday.