Monday, September 13, 2004

US Airways again seeks bankruptcy protection

US Airways again seeks bankruptcy protection: "Citing an inability to obtain a further $800 million in wage concessions from its employees, US Airways filed for Chapter 11 bankruptcy this afternoon, being almost exactly two years since it last filed for Chapter 11, and not quite 18 months since its exit.

Its filing listed $8.8 million in assets and $8.7 million in liabilities."

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