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US Airways - Another Step Complete

Sat Jan 11, 2003 3:14 pm

Today, US Airways received another round of labor cost concessions from the AFA, CWA, and IAM. ALPA and some smalled unions already signed on, and the TWU dispatchers will vote on Saturday. The biggest hurdle ahead is a pension funding issue, and there seems to be some momentum to clear that hurdle as well. This puts the company on track to emerge from Chapter 11 by sometime in March. I hope this means I will see my recall paperwork in short order.