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US Airways Restructures Atsb Loan Repayments  
User currently offlineArtsyman From United States of America, joined Feb 2001, 4748 posts, RR: 32
Posted (12 years 2 months 2 weeks 2 days 15 hours ago) and read 2402 times:

While I think it is baffling that the ATSB would agree to this, this is good news US and also for UAL. It says that the ATSB are willing to really be flexible in helping out the bankrupt airlines possibly at the expense of the healthier ones.

US Airways received this loan to emerge from Chapt 11, and here were are not even a year later and they are already changing the payment rules as things are clearly not going well for them at all.



If US is getting this kind of latitude, it bears well for UAL getting the billions that they are asking for also.

Great news for those employees, live to breath another day


1 replies: All unread, jump to last
User currently offlineA330323X From United States of America, joined Oct 2003, 3039 posts, RR: 40
Reply 1, posted (12 years 2 months 2 weeks 2 days 14 hours ago) and read 2356 times:

Beat you by 4 hours.  Smile


I'm the expert on here on two things, neither of which I care about much anymore.
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