Court Approves Merger

Old Sep 16, 2005, 9:44 am
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Post Court Approves Merger

FYI, a judge just OK'd US Air's emergence from bankruptcy and approved the merger with America West.

A new chapter is here for US Airways!
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Old Sep 16, 2005, 9:45 am
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US Airways press release:

http://www.usairways.com/about/press/nw_05_0916.htm
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Old Sep 16, 2005, 10:12 am
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Good job US ^
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Old Sep 16, 2005, 10:55 am
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However, the Court let the execs golden parachutes stand. Oh well, I suppose that sometimes you have to pay to get rid of your trash.
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Old Sep 16, 2005, 12:44 pm
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so don't take out the power ports!

from the press release "Lakefield said that the company’s full attention now will be on the completion of the merger, the implementation of consistent customer service offerings, the building of a unified corporate culture, and the transfer of headquarters functions to Tempe, Ariz"
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Old Sep 16, 2005, 1:03 pm
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Screwing the Employees (Once Again)

Originally Posted by sassamanlaw
However, the Court let the execs golden parachutes stand. Oh well, I suppose that sometimes you have to pay to get rid of your trash.
They were going to be gone anyway. With all the cuts labor has been forced to take, it is just plain wrong to give departing executives a big pay-out. What payout did labor receive when they were laid-off get? [none]

And the airline expects front line staff to keep smiling?
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