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By New York Times News Service | February 26, 1994
The board of America West Airlines has endorsed a bid from an investment group led by the chairman of Continental Airlines, David Bonderman, to help the carrier emerge from bankruptcy.Mr. Bonderman, along with other investors that include Continental Airlines, Mesa Airlines and Fidelity Investments, offered $220 million for a 37.5 percent stake in America West, which has operated under Chapter 11 bankruptcy protection since June 1991. The board accepted the bid late Thursday night.The bidding process is not over, as other bids may yet be submitted for consideration by U.S. Bankruptcy Judge Robert G. Mooreman.
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BUSINESS
By Tom Belden and Thomas Ginsberg and Tom Belden and Thomas Ginsberg,The Philadelphia Inquirer | November 16, 2006
PHILADELPHIA -- US Airways, fresh off one merger that is still unfinished, offered yesterday to buy struggling Delta Air Lines for $8 billion, a deal it said would create the nation's largest domestic airline. US Airways said its proposal would give Delta's creditors $4 billion in cash and 78.5 million shares of US Airways' stock, valued at about $4 billion at recent prices. The combined operation would use the Delta name. Delta said that it would review US Airways' proposal, but that it also would continue to work on its own plans to emerge from Chapter 11 bankruptcy protection as a stand-alone company.
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BUSINESS
By Jon Morgan and Jon Morgan,Evening Sun Staff | September 6, 1991
America West Airlines Inc., the once-promising carrier now struggling through bankruptcy, will early next year move a 300-job reservation center from Maryland to Kansas City, Mo.The airline says it will save $1 million a year by moving the $H center, which it opened two years ago in Hanover near the Baltimore-Washington International Airport. The company plans to lease property and equipment that Kansas City acquired at fire-sale prices from the bankrupt Braniff Airlines."The decision to make this move is strictly a result of the financial advantages it provides America West," says airline president Michael J. Conway.
BUSINESS
By Meredith Cohn and Meredith Cohn,sun reporter | September 27, 2005
US Airways could emerge from U.S. Bankruptcy Court protection as early as today and merge with the smaller, low-cost airline America West to create the nation's fifth-largest airline, according to the companies. Both airlines received approvals from their shareholders and the bankruptcy court last week, clearing the way for the move. U.S. Airways entered the court system in September 2004. The airlines expect to maintain two companies for the short term, with reservation systems that will "code share," or book passengers on both airlines.
BUSINESS
By BLOOMBERG NEWS | January 1, 2003
PHOENIX - America West Airlines will sell food to passengers in the coach sections of some flights in a three-week test starting Monday as a way to offer the service without raising fares. The America West Holdings Corp. unit will offer food ranging from $3 snack boxes to $10 chicken kiev, spokeswoman Janice Monahan said. The sales will be on about a dozen flights of 2.5 to three hours in the first week, the same number of flights of three to four hours the second week and about 10 flights longer than four hours the final week.
BUSINESS
By Ted Shelsby h | September 7, 1991
Phoenix-based America West announced Thursday that it plans to close its 300-job reservation center in Hanover in January or February.The decision to close the 2-year-old reservation center is part of a cost-saving move. The airline plans to open a new center in Kansas City, Mo., in early 1992.Marylou Baker, a spokeswoman for the Maryland Department of Economic and Employment Development (DEED), said the State Aviation Administration is contacting "about six or seven other carriers, including Northwest Airlines, to see if they are interested in coming in" to take over the America West center.
BUSINESS
By COX NEWS SERVICE | April 21, 2005
ATLANTA - The possible merger between US Airways and America West, which would create the biggest discount carrier, could herald a long-expected consolidation of the airline industry, but maybe not in the way the two companies hope. Experts are divided about whether a merger of the two ailing airlines is likely or desirable. Still, the time has come for some carriers to disappear through mergers or liquidations, they say. Some industry watchers think a merger could be an ideal marriage of America West's Western network with US Airways' Eastern routes.
BUSINESS
By BLOOMBERG NEWS | April 5, 2000
WASHINGTON -- America West Airlines Inc. had the highest passenger-complaint rate among major U.S. carriers in February and Alaska Air Group Inc. had the worst on-time performance, the U.S. government said yesterday. America West had 9.74 complaints per 100,000 passengers, the Department of Transportation said in its monthly air travel consumer report. "Our performance for the month of February was very adversely affected by the flight management computer outage in mid-February," said America West spokeswoman Patty Nowack.
BUSINESS
By Liz Atwood and Jon Morgan and Liz Atwood and Jon Morgan,Evening Sun Staff | December 20, 1991
Some 200 workers who faced losing their jobs got a reprieve today when Northwest Airlines announced plans to move into a reservations center being vacated by another airline near Baltimore-Washington International Airport.Northwest will open its mid-Atlantic reservations center by Feb. 10 at the site in Hanover, near the airport. America West, a once-promising carrier now struggling through bankruptcy, said in September it was moving its reservations operation to Kansas City, Mo. The center was to close Jan. 15.Mark Wasserman, Maryland's secretary of economic and employment development, said today the center will open with about 200 jobs, but could eventually employ up to 500 workers.
BUSINESS
By KNIGHT RIDDER/TRIBUNE | May 13, 2005
PHILADELPHIA - US Airways and America West Airlines appear to be just days away from announcing plans to merge, two industry analysts say. The airlines' parents, US Airways Group Inc. and America West Holdings Corp., acknowledged last month that they had been discussing a merger. Kevin P. Mitchell, chairman of the Business Travel Coalition of Radnor, Pa., said he expects the airlines to make an announcement in the next few days. Ray Neidl, an analyst with Calyon Securities in New York, said he anticipated an announcement by next week.
NEWS
By Meredith Cohn and Meredith Cohn,SUN STAFF | September 17, 2005
When US Airways won approval yesterday to exit bankruptcy and join America West to form a discount giant to take on the likes of Southwest Airlines, it marked the latest attempt by two airlines to fortify themselves through a merger. But during a week in which two other large airlines entered bankruptcy court, many industry observers think that aviation needs to allow some weaker carriers to disappear. After a generation of many failed airline mergers, some are saying that the healthier airlines should resist the urge to merge, relieve some of the intense competition in the skies and then zero in on the good assets.
BUSINESS
By JAY HANCOCK | May 25, 2005
IF REMARRIAGE is the triumph of hope over experience, as Samuel Johnson alleged, what do we make of the engagement of America West to US Airways, which has participated in almost as much botched matrimony as Larry King? US Airways took the wonderful Piedmont Aviation and turned it into the Department of Motor Vehicles. The Piedmont deal, together with the acquisition of Pacific Southwest Airlines, set the stage for US Airways to lose money for years. U.S. Airways dated and broke up with British Airways.
BUSINESS
By Paul Adams and Paul Adams,SUN STAFF | May 21, 2005
Since it first landed in Baltimore in 1993, Southwest Airlines has used cheap fares and savvy marketing to systematically dismantle US Airways' East Coast strongholds, leaving many in the industry to conclude that it was just a matter of time before the weakened airline became another footnote in aviation history. But US Airways struck back yesterday by announcing a merger with America West Airlines, perhaps the only major airline that has managed to hold its ground while engaged in a head-on competition with Southwest, the nation's largest low-fare carrier.
BUSINESS
By James F. Peltz and James F. Peltz,LOS ANGELES TIMES | May 20, 2005
US Airways and America West Airlines agreed yesterday to a merger that would form the nation's sixth-largest airline, the first union of two major carriers since the 2001 terrorist attacks sparked an industry crisis that endures today. If completed, the proposed deal would join the airlines' parent companies, US Airways Group Inc. and America West Holdings Corp., and help bring US Airways out of Chapter 11 bankruptcy protection, where it has been operating since September. The new airline would keep the US Airways name, but US Airways' headquarters in Arlington, Va., would be consolidated at America West's home offices in Tempe, Ariz.
BUSINESS
By KNIGHT RIDDER/TRIBUNE | May 13, 2005
PHILADELPHIA - US Airways and America West Airlines appear to be just days away from announcing plans to merge, two industry analysts say. The airlines' parents, US Airways Group Inc. and America West Holdings Corp., acknowledged last month that they had been discussing a merger. Kevin P. Mitchell, chairman of the Business Travel Coalition of Radnor, Pa., said he expects the airlines to make an announcement in the next few days. Ray Neidl, an analyst with Calyon Securities in New York, said he anticipated an announcement by next week.
BUSINESS
By COX NEWS SERVICE | April 21, 2005
ATLANTA - The possible merger between US Airways and America West, which would create the biggest discount carrier, could herald a long-expected consolidation of the airline industry, but maybe not in the way the two companies hope. Experts are divided about whether a merger of the two ailing airlines is likely or desirable. Still, the time has come for some carriers to disappear through mergers or liquidations, they say. Some industry watchers think a merger could be an ideal marriage of America West's Western network with US Airways' Eastern routes.
NEWS
By Jon Morgan and Jon Morgan,Evening Sun Staff | September 6, 1991
America West Airlines Inc., the once-promising carrier now struggling through bankruptcy, will move a 300-job reservation center from Maryland to Kansas City, Mo., early next year.The airline says it will save $1 million a year by moving the $H center, which it opened two years ago in Hanover near Baltimore-Washington International Airport. The company plans to lease property and equipment that Kansas City acquired at fire-sale prices from the bankrupt Braniff Airlines."The decision to make this move is strictly a result of the financial advantages it provides America West," says airline president Michael J. Conway.
BUSINESS
By Paul Adams and Paul Adams,SUN STAFF | May 21, 2005
Since it first landed in Baltimore in 1993, Southwest Airlines has used cheap fares and savvy marketing to systematically dismantle US Airways' East Coast strongholds, leaving many in the industry to conclude that it was just a matter of time before the weakened airline became another footnote in aviation history. But US Airways struck back yesterday by announcing a merger with America West Airlines, perhaps the only major airline that has managed to hold its ground while engaged in a head-on competition with Southwest, the nation's largest low-fare carrier.
BUSINESS
By Mark Skertic and Mark Skertic,CHICAGO TRIBUNE | October 27, 2004
Its financial situation steadily deteriorating, the parent of ATA Airlines filed for bankruptcy yesterday and said it was turning over most of its Chicago operations to another low-cost carrier, AirTran Airways. The $87.6 million deal would give Orlando, Fla.-based AirTran the right to assume ATA's 14 gates at Midway Airport, where it is the second-largest carrier behind Southwest Airlines. ATA also would give up landing rights at New York's LaGuardia Airport and Ronald Reagan National Airport in Washington.
BUSINESS
By BLOOMBERG NEWS | January 1, 2003
PHOENIX - America West Airlines will sell food to passengers in the coach sections of some flights in a three-week test starting Monday as a way to offer the service without raising fares. The America West Holdings Corp. unit will offer food ranging from $3 snack boxes to $10 chicken kiev, spokeswoman Janice Monahan said. The sales will be on about a dozen flights of 2.5 to three hours in the first week, the same number of flights of three to four hours the second week and about 10 flights longer than four hours the final week.
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