US Airways, Creditors Reach Financing Accord
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ALEXANDRIA, Va. -- US Airways Group Inc. has reached an agreement with its lenders and the US government to extend financing necessary for the bankrupt airline to operate through mid-January, court documents showed Tuesday.
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US Airways&#39; pilots union ratified a new labor contract Thursday that the airline says is a critical step to a successful emergence from bankruptcy, with pilots accepting
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US Airways Group Inc. said on Friday  it reached a tentative agreement with its Air Line Pilots  Association union that would save $300 million annually and  move the bankrupt airline closer to implementing a  transformation plan.
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ALEXANDRIA, Va.  - A federal judge on Thursday  approved bankrupt US Airways' UAIRQ.OB cash finance deal with  a federal government board and another arrangement allowing the  airline to take delivery of nine regional jets.
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United Airlines reached an agreement with creditors that, if approved, could eliminate $450 million of debt. The agreement concerns $600 million in municipal bond debt
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A unit of American Express Co. agreed Monday to provide Delta Air Lines Inc. with up to $600 million in financing - if the cash-strapped airline persuades its
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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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US Airways said that it must emerge from bankruptcy protection by June 30 to comply with a new $140 million aircraft leasing and financing deal.
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A BANKRUPTCY judge gave US Airways Group Inc permission today to tap a government loan to fund daily operations - a move expected to allow the airline to continue its normal
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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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US Airways Friday cleared a major hurdle in its effort to emerge from bankruptcy protection as its mechanics union approved a new concessionary contract.
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US Airways and its pilots union agreed early Friday on a new labor contract a week after the company asked a bankruptcy judge to impose pay cuts, a company official said.
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Negotiators have reached an agreement on how to transfer information about passengers flying to the U.S. from Europe.
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WASHINGTON -- US Airways and the lead negotiators of its pilots union reached a tentative, $300 million annual cost-cutting agreement early Friday morning, a move that the airline says will help it emerge from bankruptcy.
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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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The tentative agreement between US Airways and its pilots' union includes $300 million in annual wage and benefit cuts.
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Troubled US carrier Delta Air Lines has reached an outline cost cutting agreement with its pilots, a deal that could save it from bankruptcy.