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US air preps Ch. 11 exit, Delta desperately avoids court.

Publication: Business Travel News
Publication Date: 21-MAR-05
Format: Online - approximately 144 words
Delivery: Immediate Online Access

Article Excerpt
Bankrupt US Airways now has until April 15 to present a restructuring plan, following an agreement with primary financial backer GE Capital Aviation Services. The earlier deadline had been March 15. US Airways announced the extension last week, in conjunction with a second financing deal reached with a regional...



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