US Airways, 2 GE Units Propose New Financing
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US Airways said yesterday that it agreed with units of General Electric Co. to defer lease payments on some aircraft and to cut the cost of engine maintenance as part of its restructuring under bankruptcy protection.
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United Airlines  has begun reaching out to potential lenders for financing to leave bankruptcy, the company said on Friday.
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US Airways UAIR.O made a new  proposal to its pilots and flight attendants on Friday for  concessions that could help the company avoid its second  bankruptcy filing in two years, the company and union officials  said.
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United Airlines has begun reaching out  to potential lenders with its revamped business plan for  financing to leave bankruptcy, the company said on Friday.
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NEW YORK - US Airways Group Inc.&#39;s pilots union leaders on Monday said they proposed new contract terms to management, which in turn made a counteroffer, after the union last week refused to endorse a company plan for $295 million of concessions.
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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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US Airways is urging its unions to grant $800 million in cuts to save it from another bankruptcy filing.
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US Airways hopes its other unions will follow with concessions so the company can emerge from bankruptcy. By Associated Press. ARLINGTON, Va.
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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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United Airlines is moving to obtain another $725 million in labor concessions and eliminate employees&#39; traditional pensions as it seeks the financing to come out of bankruptcy.
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United Airlines has begun reaching out to potential lenders with its revamped business plan for financing to leave bankruptcy, the company said on Friday.
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Dulles, VA, Aug. 17 (UPI) -- US Airways is seeking permission to delay pension contributions of $67.5 million, so it can keep operating.
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Bankrupt US Airways said it has an agreement with General Electric on aircraft leasing and financing that will help the airline lower costs and reduce debt as it tries avoid going out of business.
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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.
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The government has thrown US Airways (UAIRQ.OB: Quote, Profile, Research) a lifeline until the middle of January, agreeing with key lenders to extend financing the
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Some key US Airways Group Inc. lenders have agreed to extend the terms of their financing to mid-January, The Wall Street Journal reports.
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US Airways and the federal government agreed to extend a deal in which the Air Transportation Stabilization Board will provide the financing necessary for the airline to continue operations while it is in bankruptcy.