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Old September 12th, 2004, 06:46 PM
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Mike M Mike M is offline
Join Date: Jul 2004
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Posts: 24,364
Default USAir Files for Chapter 11 Bankruptcy Protection

USAir has filed for Chapter 11 Bankruptcy Protection. This does not mean it will stop operations. Chapter 11 holds off their creditors and allows them to reorganize and put together a plan to pay off debt. Let's hope they do.

"US Airways said customers would notice no operational changes as a result of the bankruptcy and that it will seek permission to continue its frequent flyer program."

Take care,

Cruisemates Community Leader/Moderator

"There is a great difference between being well traveled and just having been to many places." ~Me

"Fear is the assassin of dreams." ~Me
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