artsyman
Posts: 4516
Joined: Wed Feb 28, 2001 12:35 pm

US Airways Restructures Atsb Loan Repayments

Sat Mar 13, 2004 8:55 am

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.

http://biz.yahoo.com/rb/040312/airlines_usair_4.html

<

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

J
 
A330323X
Posts: 2666
Joined: Thu Oct 09, 2003 4:06 pm

RE: US Airways Restructures Atsb Loan Repayments

Sat Mar 13, 2004 9:56 am

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

Popular Searches On Airliners.net

Top Photos of Last:   24 Hours  •  48 Hours  •  7 Days  •  30 Days  •  180 Days  •  365 Days  •  All Time

Military Aircraft Every type from fighters to helicopters from air forces around the globe

Classic Airliners Props and jets from the good old days

Flight Decks Views from inside the cockpit

Aircraft Cabins Passenger cabin shots showing seat arrangements as well as cargo aircraft interior

Cargo Aircraft Pictures of great freighter aircraft

Government Aircraft Aircraft flying government officials

Helicopters Our large helicopter section. Both military and civil versions

Blimps / Airships Everything from the Goodyear blimp to the Zeppelin

Night Photos Beautiful shots taken while the sun is below the horizon

Accidents Accident, incident and crash related photos

Air to Air Photos taken by airborne photographers of airborne aircraft

Special Paint Schemes Aircraft painted in beautiful and original liveries

Airport Overviews Airport overviews from the air or ground

Tails and Winglets Tail and Winglet closeups with beautiful airline logos