US Airways Files for Bankruptcy Protection; 2nd Time in 2 Years
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S Airways filed for Chapter 11 protection this afternoon, its second round in bankruptcy in two years, after workers refused the airline&#39;s push for $800 million in wage and benefit cuts so that it could lower its costs.
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ARLINGTON, Va. -- Bankrupt US Airways says it lost $232 million dollars July through September, more than twice as much as a year ago.
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United Airlines Inc., under Chapter 11 bankruptcy protection since 2002, called an emergency hearing today in Chicago to stop a group of creditors from repossessing 10 of its planes.
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Embattled Russian oil giant Yukos has filed for bankruptcy protection in a US court in an attempt to prevent the forced sale of its main production arm.
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US Airways Group Inc. sought bankruptcy on Sunday for the second time in two years, squeezed by low-cost rivals, soaring fuel prices and a failure to win new labor concessions.
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Aloha Airlines becomes the latest US carrier to seek bankruptcy protection, citing escalating fuel costs and tough competition.
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US Airways (UAIRQ.OB: Quote, Profile, Research) , which this month sought bankruptcy protection for the second time in two years, said on Sunday it reached a new union contract with 65 flight crew training instructors.
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ALEXANDRIA, Va.  - US Airways plans to slash costs  under its second bankruptcy of the decade, in a bid to become  more like the discount airlines that threaten its survival.
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ARLINGTON, Va. - US Airways has assured customers they won't notice any changes following its decision to file for bankruptcy protection, the second time in two years the airline has sought such help as it struggles against lower-cost rivals...
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The chief financial officer of financially troubled US Airways Group Inc. has resigned, less than six months after taking the job and just a month after the airline filed for bankruptcy protection for the second time in as many years, the company announced yesterday.
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Aloha Airlines, the Hawaii based airline, has become the latest US carrier to seek bankruptcy protection. Parent group Aloha Airgroup said escalating fuel costs, above average plane leasing rates and tough competition forced it into the move.
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For US Airways employees, anxiety intensifies as the carrier takes its second dip into bankruptcy restructuring in two years.
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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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Description: Less than two years after emerging from bankruptcy, US Airways once again seeks Chapter 11 protection from creditors.
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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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MAXJet Airways Inc , an all-business class airline, has filed for Chapter 11 bankruptcy protection from creditors after canceling all flights earlier this week, according to court documents.
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HONOLULU -- The parent company of Aloha Airlines filed for Chapter 11 bankruptcy protection, joining four other U.S. air carriers seeking to restructure under court protection.