AFA - US Airways E-Line
May 15, 2002
http://www.afausairways.org/eline.htm
Contents:
Restructing
Plan to be Unveiled Thursday
Management's presentation
of its Restructing Plan will take place on Thursday, May 16, 2002 from
1:00pm to 5:00pm in Washington, DC.
We will report what we can
as soon as we can by the Hotline, 800-654-3143, this *E-Line* and the website,
www.afausairways.org .
Until the restructuring plan
is unveiled, don’t pass on rumors; quash them. Get the facts. Look
to E-Lines for future updates, visit our website at www.afausairways.org,
or call our Hotline at 800-654-3143. If you have questions, call
your Local Council or email the MEC: answers@afausairways.org.
US Airways
shares fall 37% on bankruptcy fears
Financial Times --
US Airways shares plummeted as much as 37 per cent on Monday morning, as
the struggling airline rushes to forge a comprehensive restructuring that
would keep it out of bankruptcy.
As part of its restructuring,
US Airways is set to call for big concessions from labour unions this week.
Read the article: http://www.unionvoice.org/ct/epzwqJ11adzS/
# US Airlines to
Seek Concessions From Unions
# US Air to file for bankruptcy
if rescue refused
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