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? |
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