TITLE

Hub Airports Optimistic Despite US Airways 2d Bankruptcy Filing

AUTHOR(S)
DeSue, Tedra
PUB. DATE
September 2004
SOURCE
Bond Buyer;9/14/2004, Vol. 349 Issue 31968, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article reports that US Airways Inc. recently has filed for Chapter 11 bankruptcy protection for the second time in as many years on September 12, 2004. But hub airports; like Charlotte-Douglas International, Pittsburgh International and Philadelphia International; that have issued debt for the troubled airline expressed optimism about the financial stability of their facilities. The airline only emerged from its previous bankruptcy filing last year, but the company says the second filing was needed so that it can preserve its cash resources and continue to implement its transformation plan.
ACCESSION #
14438027

 

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