Holding pattern for US Airways
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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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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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US Airways Group Inc.  on Thursday reported a third-quarter profit compared with a year-earlier loss, topping expectations on strong demand and higher fares.
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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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Travelers flying US Airways during the coming holidays can breathe a little easier. The threat of labor-related disruptions has eased ... for the moment. Expanded hearings next month have decreased the likelihood
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Can American Locker lock in earnings?
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Local airports and competing airlines are preparing themselves for a world without US Airways. The bankrupt airline faces several financial hurdles that will determine whether it survives beyond next month. What's more, the carrier is coming off a Christmas weekend in which a large number of employees calling in sick left thousands of passengers -- and their luggage -- separated ...
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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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The possibility of big mergers sweeping the United States airline industry is one of the oldest stories on Wall Street &#8212; and so far, it has largely been a piece of fiction. But some analysts seem to think that this could be the year it comes true. On Wednesday, UBS and Bear Stearns published separate reports [...].
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Less than a year after US Airways Group Inc. listed its stock on the Nasdaq National Market, the airline&#39;s shares have been delisted, a result of its second bankruptcy filing.
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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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Investors pulled back from shares of major air carriers Friday as concerns loomed that US Airways Group Inc. and Delta Air Lines Inc.
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Bankrupt No. 7 airline says it will save $300Ma year under terms of tentative labor pact. NEW YORK (CNN/Money) - Bankrupt airline US Airways announced Friday it reached a tentative concession deal with its
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NEW YORK, December 24  - The customer service and reservation agents of US Airways Group (USG.FSE) have agreed to a 13% pay cut and the elimination of some jobs to help the company generate annual cost savings of $137 million and avoid
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US Airways and its largest lender yesterday struck a new financing arrangement that could free up $140 million while the strapped airline remains in bankruptcy -- but only if holdout unions agree to major cost cuts.
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US Airways Group Inc.  swung to a third-quarter profit from a year-ago loss, topping Wall Street forecasts on strong demand and rising fares, the airline said on Thursday.
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Cash-strapped US Airways of Virginia got a short-term fix from its lenders that could keep it airborne until January, the Wall Street Journal said Tuesday.