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Old September 13th, 2004, 02:08 PM
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Mike M Mike M is offline
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Default Re: USAir Files for Chapter 11 Bankruptcy Protection

The take over of TWA by American Airlines almost did AA in and cost the jobs of thousands of employees on both the TWA and AA sides. It did save a number of senior people on the TWA side.

At this time there is no airline that is in financial shape to take over USAir as a company. As AR said they may be able to take over the routes and many of the assets (equipment) but not the company.

Take care,
Mike(Who expects to see a few more Chapter 11 filings in the airline industry in the next few months)

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