EINIGUNg bei US Airways - 500 Beiträge pro Seite

[V51]

das dürfte ein Fest heute werden.

US Airways Wins Pilots` Approval of Replacement Pension Plan
By Jim Polson

Alexandria, Virginia, March 22 (Bloomberg) -- US Airways Group Inc., the largest air carrier east of the Mississippi, reached a pension agreement with pilots, clearing a hurdle for the airline to exit bankruptcy protection by month`s end.

Terms of the replacement pension plan for 7,000 pilots weren`t disclosed, Arlington, Virginia-based U.S. Airways said in a statement. The Airline Pilots Association master executive council at the airline ratified the agreement, which awaits approval by the U.S. government`s Pension Benefit Guaranty Corp., the statement said.

A bankruptcy judge accepted U.S. Airways` recovery plan Tuesday. Creditors will take over the seventh-largest U.S. airline, extinguishing $10 billion in debt provided the company ends its $2 billion pension plan.

The airline filed for bankruptcy in August as losses widened after the Sept. 11 terrorist attacks.

``Our pilots have made enormous sacrifices,`` U.S. Airways Chief Executive Officer David Siegel said in the statement. ``With the airline business only getting worse as the Iraqi war heightens public anxiety, it is critical that we complete our reorganization, exit from Chapter 11, and secure the $1.24 billion in new financing that awaits us.``

The carrier had wanted to turn over its pilot-pension obligations to the Pension Benefit Guaranty Corp., a federal corporation. The company also has been negotiating to find a new processor to handle ticket sales made with credit cards.


http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_relnew…

[TomSec]

Hätt ich nicht gedacht - sind echt tolle Nachrichten.

Wie weit dürfte der Wert heute laufen?

Mein kurzfristiges Kursziel: 0.30 USD

[V51]

ich denke da an so 5 c

[mrbody]

Sie sollten min. auf 1,5 USD laufen in dem nächsten Monat...

[V51]

Meiner Meinung nach wird die heute bei 0,05 $ enden.

The company has said the pension issue is the final hurdle to successfully reorganizing under Chapter 11 bankruptcy protection.


Das einzigste was Chapter 11 aufgehalten hat, waren die Piloten.

Einigung mit den Piloten -> Ch. 11

Aussetzung erfolgt am 31.3.03.

U.S. Airways, which sought bankruptcy protection in August, wants to emerge by March 31, enabling it to obtain a $900 million federal loan guarantee.

Somit dürfte sie heute Richtung 0,05 $ fallen und Ende.

The company said that holders of the company`s common stock and subordinated securities claims will not receive anything under the reorganization plan and are deemed to have rejected the plan. The company will ask the Bankruptcy Court at Tuesday`s hearing to confirm the reorganization plan notwithstanding the cancellation of current equity interests and over the objections filed by individual creditors and shareholders.

http://quote.bloomberg.com/fgcgi.cgi?T=marketsquote99_news.h…

[eurogekko]

V51,gehen alle den Bach runter,Next American Airline(diese woche chapter 11)Hawaien (bereits letzte woche)United wird wohl chapter 7 werden .Verblasen jeden tag ca. 8 mios US.Air Canada koennte der naechste sein(kontroliern ca 75 %in canada!!sind zu bloed bei diesem markanteil profit zu machen!Egal werden sehen,ein trauriges spiel.Short on Airlines,bis auf southwest ,machen weiterhin Profit.So long