US Airways&#39; Bankruptcy Signals More Turbulent Times
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NEW YORK, Sept 13  - The bankruptcy filing of US Airways highlights the still-fragile condition of the US aviation industry three years after the September 11 attacks, with more turbulence looming, analysts say.
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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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The Federal Aviation Administration is facing some of the same problems that are driving the airlines to bankruptcy, rising costs and declining income.
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US Airways Group Inc. said yesterday that sharply rising fuel costs in recent weeks have made the bankrupt airline's already dismal financial outlook even more acute.
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Already hit by multiple bankruptcies, consumer displeasure and out-of-control fuel prices, the US airline industry next year faces the prospect of its worst labor unrest in more than a decade.
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As US Airways continues concession talks with pilots to avert a second bankruptcy filing, it&#39;s facing new strains with mechanics.
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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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US Airways Group, Inc., filed for bankruptcy Sunday for the second time in two years after failing to win needed wage and benefit cuts from its unions.
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US Airways Group Inc. , squeezed severely by low-cost rivals and soaring fuel prices and failing in its drive for new labor concessions, filed for bankruptcy protection on Sunday for the second time in two years.
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US Airways Group Inc. president and chief executive Bruce Lakefield is determined that the airline will emerge from its second bankruptcy filing in two years in stronger shape than ever.
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US Airways Group Inc. attorneys and executives acknowledged in bankruptcy court yesterday that bookings had fallen more steeply than they had anticipated in reaction to their Chapter
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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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Electronic Data Systems, which lost business when customer US Airways filed for bankruptcy protection the first time around, says the carrier&#39;s latest filing also will hurt.
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Amid talk of a possible liquidation, bankrupt US Airways in recent weeks completed a reorganization that eliminated several corporate sales positions while emphasizing newer
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US Airways Group Inc., the nation&#39;s seventh-largest airline, filed for bankruptcy protection Sunday for the second time in two years.
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ROME, Sept. 15 -- The airline industry shakeout that forced U.S. Airways Group Inc. into bankruptcy this week is rippling through Europe as well, with some forecasters predicting that only a handful of the continent's airlines can survive, and Italian authorities scrambling this week to keep national carrier Alitalia SpA aloft.
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When US Airways made its unsolicited takeover bid for Delta Air Lines last month, it jolted the recovering airline industry and sparked talk about a wave of potential mergers.