US Air: Deal Reached on Financing Package

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Similar news:

• US Air Seen Close to Deal for Financing - With big labor savings assured,bankrupt US Airways is expected to secure new accessto its only source of ready cash, an official with thegovernment agency backing the airline's financing said onMonday.
• US Air Reaches Giveback Deal with Pilots - Bankrupt US Airways Group Inc. reached a tentative agreement on Friday withnegotiators for its pilots union on $300 million in annualconcessions.
• US Air, GE Reach Deal on Plane Leases - Bankrupt US Airways GroupInc.. said Friday it has reached a new aircraft leaseand financing deal with General Electric Co. that couldextend the carrier's lifeline further into next year, if itcould quickly secure new cost cuts.

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