Aircraft Manufacturers Cancel US Airways Orders
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SEPTEMBER 20, 2004 -- Regional jet manufacturers Bombardier and Embraer canceled huge orders that US Airways placed last year, a carrier spokesman confirmed today.
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ALEXANDRIA, Va. -- US Airways asked a bankruptcy judge yesterday to cancel labor contracts with three of its unions and impose much lower pay so it can move ahead with a plan to permanently cut costs, reposition itself as a low-cost carrier, and avoid a possible liquidation.
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US Airways Group on Wednesday said it withdrew its takeover offer for Delta Air Lines after Delta's official creditor committee informed US Airways that it would not support the bid.
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US Airways Group Inc.&#39;s pilot leaders rejected proposed pay and benefit cuts, possibly derailing the carrier&#39;s plan to wrest $800 million in labor concessions in time to avoid a second bankruptcy filing.
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US Airways today withdrew its $10 billion hostile takeover bid of Delta Air Lines after being informed that the bankrupt carrier's creditors were not interested in pursuing a deal.
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U.S. Airways   confirmed an order for 22 Airbus A350 XWB mid-sized jets on  Monday and handed the European planemaker orders for another 70  planes in a package worth a total of $10 billion at list  prices.
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WASHINGTON -- Orders to US factories for big-ticket goods dropped in August, largely weighed down by a sharp decline in demand for commercial airplanes.
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US Airways drops its $10bn bid for rival Delta Air Lines after the latter's creditors back the firm's own recovery plan.
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American Airlines will defer delivery of all but two Boeing Co. aircraft scheduled for deliver between 2006 and 2010 in order to defer billions in spending, it said Monday.
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US Airways asked to throw out contracts covering passenger service agents, flight attendants and other workers and replace them with less-expensive ones.
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US Airways Group Inc. , which is cutting operating costs to emerge from bankruptcy, will eliminate 1,800 maintenance jobs by closing or scaling back some facilities and hiring outside companies to handle the work.
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- Delta Air Lines said its board has rejected an $8.4 billion acquisition bid from rival US Airways Group Inc., calling the bid "structurally flawed" and plagued by antitrust and labor issues.
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Delta Air Lines Inc. on Tuesday rejected an $8.4 billion bid from US Airways Group Inc. and filed its own plan to emerge from bankruptcy as an independent airline.
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The US courier company has threatened to cancel its order for ten Airbus A380s if there are any more delays.
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ALEXANDRIA, Va. -- US Airways Group wants a bankruptcy judge to void its labor contracts and a court order forbidding strikes by unhappy union workers.
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Delta Air Lines  said its board has  rejected an $8.4 billion acquisition bid from rival US Airways  Group Inc. , calling the bid "structurally flawed" and  plagued by antitrust and labor issues.
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United Parcel Service Inc.  said on Friday it planned to cancel an order for 10 Airbus A380 freighters.