US Airways&#39; lenders extend financing terms - WSJ
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Several lenders to bankrupt air carrier US Airways (UAIRQ.OB: Quote, Profile, Research) agreed to extend the terms of their financing arrangement to mid-January, the Wall Street Journal reported on Tuesday, citing unnamed
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United Airlines on Friday said it has agreed with its creditors' committee to a 30-day extension, subject to court approval, of the period during which it can exclusively file a bankruptcy reorganization plan.
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NOVEMBER 11, 2004 -- Bankrupt US Airways this morning said it had reached agreements with lenders and lessors to continue operating nearly all of its mainline and US Airways Express fleets.
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ARLINGTON, Va. - US Airways Group said Friday that it has reached agreement with General Electric Co. on aircraft leasing and financing terms to help the airline lower costs and reduce debt as it seeks to avoid liquidation.
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Bankrupt US Airways Group Inc. (UAIRQ) has reached an agreement with its lenders and the US government to extend financing necessary to operate through mid-January, court documents showed on Tuesday.
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A bankruptcy judge gave US Airways Group Inc. permission yesterday to tap a government loan to fund daily operations -- a move expected to allow
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CHICAGO - UAL Corp.&#39;s United Airlines Friday said it has agreed with its creditors committee to a 30-day extension on the period in which it can file an exclusive bankruptcy reorganization plan.
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No. 7 carrier must reach agreements with unions before Sept. 30, when it risks violating loan terms. NEW YORK  - US Airways&#39; pilots union leaders said Monday they proposed new contract terms to management
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Some bondholders of bankrupt airline  Delta Air Lines Inc.  have begun organizing an  informal group to support US Airways Group Inc.'s  $8.78  billion takeover offer, the Wall Street Journal reported on its  Web site on Wednesday.
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Euro Disney SCA said Tuesday its lenders have agreed unanimously to extend a debt plan designed to keep the troubled theme park operator afloat.
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com. With its pilots back at the negotiating table and one, albeit small, round of givebacks in the bag, US Airways is hoping for continued good news as it navigates its second bankruptcy filing in two years.
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Shares of US airlines took off in Wednesday trading after UBS Investment Bank raised its rating on Delta Air Lines Inc., saying the cash-strapped carrier&#39;s latest survival moves are lessening prospects of bankruptcy.
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US Airways Group Inc. said Friday it has reached agreement with General Electric Co. on aircraft leasing and financing terms that will help the airline lower costs and reduce debt as it seeks to avoid liquidation. The airline will also have to do more cost cutting on its own.
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Pilots at US Airways Group Inc. resumed negotiations Wednesday with management on a new labor contract with the bankrupt airline, even as the company made clear that it will now be seeking greater concessions.
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US Airways pilots resumed negotiations Wednesday with management on a new labor contract with the bankrupt airline, even as the company made clear that it will now be seeking greater concessions.
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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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A bankruptcy judge gave US Airways Group Inc. permission Monday to tap a government loan to fund daily operations - a move expected to allow the airline to continue normal operations while it searchs for alternative financing.