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Company Watch - US Airways.


Dec 31, 2006

US Airways CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Says Delta Offer Stands. US Airways has no immediate plans to boost or back off from its offer to buy Delta Air Lines, despite the bankrupt carrier's resistance, US Airways' chief executive said on Thursday. Dec 29, 2006

US Airways reached agreement with the Transport Workers Union Transport Workers Union may refer to:
  • The Transport Workers Union of America
  • The Transport Workers Union of Australia
  • The Swedish Transport Workers' Union
 on a single contract for flight dispatchers, bringing dispatchers from America West Airlines America West Airlines was one of the United States' ten major airlines. The airline was based in Tempe, Arizona, and is now a part of US Airways Group.

At the time of its integration into US Airways, the airline maintained two hubs, one at Phoenix Sky Harbor International
 and the former US Airways under one labor deal. US said the accord is another step toward receiving one FAA operating certificate Operating certificate is a category of license issued by a government agency allowing an individual or company to provide a controlled type of service. These certificates are generally issued for a limited time period.  next year that formally would merge the two carriers. Dec 26, 2006

US Airways Chairman and CEO Doug Parker said yesterday that the assumptions underlying Delta Air Lines' standalone reorganization plan A scheme authorized by federal law and promulgated by the president whereby he or she alters the structure of federal agencies to promote government efficiency and economy through a transfer, consolidation, coordination, authorization, or abolition of functions.  are "out of whack" and that warnings of a US/DL merger being derailed by antitrust issues are "misleading" and "superficial.". In a wide-ranging conference call with analysts, Parker said US management felt it was necessary to respond strongly to US Airways's assertions that its standalone reorganization plan offered more value to creditors than US's $8 billion takeover proposal and that the US Dept. of Justice likely would reject a merger on antitrust grounds. Dec 22, 2006

US Airways was quick to point out the committee made it "clear that it has not decided to endorse Delta's Plan of Reorganization and is continuing to evaluate our proposal...We will continue to work with the Creditors' Committee creditors' committee

A group of lenders who seek to protect their interests in connection with a borrower that experiences financial difficulties.
 as it evaluates the value created by our proposal compared with Delta's standalone plan." Dec 21, 2006

US Airways Group US Airways Group Inc. NYSE: LCC is the Tempe, Arizona-based airline holding company that operates US Airways, US Airways Express and America West Airlines. It also operates additional companies that provide associated services.  flew 4.97 billion combined RPMs in November, a 1% increase over the year-ago month. Capacity fell 2.3% to 6.39 billion ASMs and load factor climbed 2.6 points to 77.8%. Dec 19, 2006

Editor: Aram Gesar, eMail: edit@AirGuideOnline.com

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Dec 18, 2006
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Publication:Airguide Online
Date:Jan 15, 2007
Words:337
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