Business Services Industry

US Airways' Restructuring Plan Centers on Smaller Jets, Workers' Concessions.

Knight Ridder/Tribune Business News, August, 2001

By Ted Reed, The Charlotte Observer, N.C. Knight Ridder/Tribune Business News

Aug. 16--NEW YORK--US Airways unveiled a restructuring plan Wednesday that focuses on a vast increases in smaller jets and concessions from unionized workers as it tries to rebound from a failed merger with United Airlines.

For Charlotte, where US Airways has its busiest hub, the plan foresees little immediate change. New, non-stop flights to Austin and San Antonio, Texas, will be added before the end of the year, and Portland, Ore., will likely be added later. A buildup of Caribbean service will continue. And the smaller, more cost-effective regional jets will replace bigger jets on some routes.

The plan was attacked by the airline's pilots union, which said it...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research
 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
  • Click Here
advertisement