No Other Offers For US Airways | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Recent Daily Episodes

Episode Date

AMA Drone Report

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday

Airborne-Thursday

Airborne-Friday

Airborne On ANN

ADR 02.20.17

Airborne 02.20.17

Airborne 02.21.17

Airborne 02.22.17

Airborne 02.23.17

Airborne 02.24.17

Airborne-HD On YouTube

ADR 02.20.17

Airborne 02.20.17

Airborne 02.21.17

Airborne 02.22.17

Airborne 02.23.17

Airborne 02.24.17

Sun, Jul 03, 2005

No Other Offers For US Airways

Thirty-Day Period For Alternative Offers On Proposed Merger With America West Expires

US Airways said Saturday that the 30-day period for alternative offers on its proposed merger with America West Airlines has ended without any competing offers having been submitted. US Airways President and Chief Executive Officer Bruce R. Lakefield issued the following statement:

"In formulating our merger proposal with America West, we took a comprehensive approach built on a robust business plan, a strong balance sheet, an attractive customer proposition, and support from key stakeholders. Over the past ten days, we have made significant progress in laying the groundwork for completing the merger, including antitrust clearance from the Department of Justice, the filing of registration statements with the Securities and Exchange Commission, and the submission of our disclosure statement and Plan of Reorganization with the bankruptcy court. We also remain in discussions with other potential financing partners to provide additional liquidity for the transaction.

"It would have been difficult for other offers to have provided comparable value to our stakeholders, and with this bidding process now behind us, we will begin planning with America West for the integration of our two companies, which will create an airline that offers numerous benefits for our customers and the communities we serve."

FMI: www.usairways.com, www.americawest.com

Advertisement

More News

Airborne 02.24.17: RV-10 Suit Dismissed, 2016 GA Sales, Red Tail Legacy

Also: Falcon 9 Landing, TFR Busts, Denton Airshow, QF-16, Treasure Coast, 'Fly Safe' Campaign, Juno Mission When the news first came out, in 2015, that Van's Aircraft was sued for >[...]

Aero-TV: 'I Feel I Can Fly' - PLW Modelworks's Birdly IITSEC 2016 FlightSim Demo

A Truly Unique Flying Experience… Most of us have dreamed of being able to fly like a bird. And while that’s not an option for most of us, unless you’re interest>[...]

Airborne 02.23.17: Sonaca 200, Yuneec H920 Plus, SpaceX Delays Mars Mission

Also: NextGen Blimps, AEA/HAI Coverage, L-39 Suit, Drone User Group, Red Arrows Pilot Inquest, 2nd T-50A, Steve Fossett Honored Sonaca Aircraft is getting ready to start certificat>[...]

Airborne 02.24.17: RV-10 Suit Dismissed, 2016 GA Sales, Red Tail Legacy

Also: Falcon 9 Landing, TFR Busts, Denton Airshow, QF-16, Treasure Coast, 'Fly Safe' Campaign, Juno Mission When the news first came out, in 2015, that Van's Aircraft was sued for >[...]

AD: The Boeing Company Airplanes

AD NUMBER: 2017-04-07 PRODUCT: Certain The Boeing Company Model 757 airplanes.>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2017 Web Development & Design by Pauli Systems, LC