ATSB lets US Airways stay alive -- for now
#1
Original Poster
Join Date: May 2003
Location: New York, NY
Programs: Hilton HHonors Gold, Delta Silver Medallion, Hyatt Discoverist
Posts: 211
ATSB lets US Airways stay alive -- for now
Thought this might be of interest to folks wondering about their Dividend Miles and such:
http://www.prnewswire.com/news/index...2825102&EDATE=
http://www.prnewswire.com/news/index...2825102&EDATE=
#4
Join Date: Nov 2004
Location: Los Angeles, CA; Philadelphia, PA
Programs: OZ Diamond
Posts: 6,133
"This extension essentially builds us the necessary runway for a take-off this summer." I hope they don't plan on another quick exit from bankruptcy and wind up back in it for a third time months later. If they do survive this death bed, they better make it right or there will be no third chance around. Just my opinion.
LAX
LAX
#5
FlyerTalk Evangelist
Join Date: May 2001
Location: Southern California/In the air
Programs: DL
Posts: 10,382
Well, this seems like pretty decent news for those of us still hanging on to rather large balances in our accounts. This should give them enough time to get the FLL mini-hub up and running and should buy a few more months for them.
#6
Original Member
Join Date: May 1998
Location: CT (NYC Suburbs), Gulf Stream, FL
Programs: United Premier 1K, American AAdvantage Gold
Posts: 3,089
They REALLY REALLY don't want to eat that loan.....or, they have been advised of behind the scenes negotiations for a sale of some kind.
#7
FlyerTalk Evangelist
Join Date: Aug 2004
Location: The best state in the USA - Florida!
Programs: Marriott Titanium/LT Plat, AS MVP75K, AA PlatPro, UA Premier, Disney AP
Posts: 14,497
At least it looks like my flights for this weekend are safe now...I had been a little worried, and had been checking SkySaver availability on Delta...at least now I save myself a lot of hassle, 25,000 miles, and $50 for doing a last-minute booking (which is a fee that I am quite happy US does not have, as it allows me to book an award ticket less than a week before travel).
Jeff
Jeff