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22 October 2018 The on-line newspaper devoted to the world of transports 11:52 GMT+2

May 17, 2002

US Airways seeks aid to survive

US Airways has reportedly set out a plan to seek about $1bn of federal government aid to stave off bankruptcy.

It will also ask its staff and suppliers to accept about $1.2bn of cost cuts, about 80% of them in the form of cuts in staff pay and benefits, US Airways senior vice president for employee relations Jerry Glass reportedly told the Associated Press ......
Read more on BBC News

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