US Airways files for Chapter 11
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US Airways files for Chapter 11
SAN FRANCISCO (CBS.MW) -- Shares of US Airways plunged about 43 percent in midmorning trades Monday, turning the nation's seventh-largest carrier into a penny stock after it filed for Chapter 11 bankruptcy again.....
US Airways aims to remake itself into a JetBlue, the upstart low-fare airline, and an America West, the hybrid low-cost carrier. It wants to use its fleet of regional jets to reach smaller markets in the eastern U.S., as well as Latin American and Caribbean destinations....
http://cbs.marketwatch.com/news/stor...le&dist=google
What impact might this have on their international routes, particularly the connections from MAN and (new summer seasonal) from GLA through their PHL hub?
US Airways aims to remake itself into a JetBlue, the upstart low-fare airline, and an America West, the hybrid low-cost carrier. It wants to use its fleet of regional jets to reach smaller markets in the eastern U.S., as well as Latin American and Caribbean destinations....
http://cbs.marketwatch.com/news/stor...le&dist=google
What impact might this have on their international routes, particularly the connections from MAN and (new summer seasonal) from GLA through their PHL hub?
