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

Monday

Tuesday

Wednesday

Thursday

Friday

Airborne On ANN

Airborne 06.20.16

Airborne 06.21.16

Airborne 06.22.16

Airborne 06.23.16

Airborne 06.24.16

Airborne Hi-Def On YouTube

Airborne 06.20.16

Airborne 06.21.16

Airborne 06.22.16

Airborne 06.23.16

Airborne 06.24.16

AEA2016 LIVE Aero-TV: 04/27-0830ET, 04/28-1400ET, 04/29-1100ET

Sun 'n Fun 2016 Innovation Preview on Vimeo!

Sun 'n Fun 2016 Innovation Preview on YouTube!

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

Gone West: Aviation Education Leader Thomas Wathen

Founder Of The Tom Wathen Center At Flabob Airport ANN has learned that Tom Wathen, the founder of the Tom Wathen Center at Flabob Airport, has gone west.>[...]

Airborne 06.24.16: ADS-B Analysis, NavWorx Price Drop, ALPA v Transport Canada

Also: Porker Of The Month, Aviation BBB?, Super Puma, AirVenture Events, FedEx 767s, Solar Impulse, Sikorsky Flight Safety Foundation has released the study "Benefits Analysis of S>[...]

Airborne 06.23.16: Solar Impulse In Spain, Terrafugia Approval, Stratolaunch

Also: Twin Otter Rescue, #OSH16Coolest Program, AMA, Charlotte-Douglas, Canadian Astros, Hidden Airline Fees, SpaceX Cargo Launch The flight of the Solar Impulse-2 around the world>[...]

Airborne 06.24.16: ADS-B Analysis, NavWorx Price Drop, ALPA v Transport Canada

Also: Porker Of The Month, Aviation BBB?, Super Puma, AirVenture Events, FedEx 767s, Solar Impulse, Sikorsky Flight Safety Foundation has released the study "Benefits Analysis of S>[...]

The Museum Of Flight Opens Spectacular New Aviation Pavilion

The Three-Acre Exhibit's Unrivaled Collection Of Commercial Aircraft Is A New Seattle Landmark The Museum of Flight on Thursday previewed its new, 3-acre Aviation Pavilion. The 9-s>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2016 Web Development & Design by Pauli Systems, LC