US Airways files for bankruptcy protection

US Airways Group, hit hard by a slump in travel after the September 11 terrorist attacks, filed for bankruptcy protection, the company said.

US Airways files for bankruptcy protection
Mon, 12 Aug, 2002 - 08:35

US Airways Group, hit hard by a slump in travel after the September 11 terrorist attacks, filed for bankruptcy protection, the company said.

The airline, which had mentioned the possibility of bankruptcy after it lost $2.1bn (€2.1bn) during 2001, said all its flights will keep operating without interruption.

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CourtsHeathrowPlace: United StatesPlace: Reagan National AirportPlace: CanadaPlace: MexicoPlace: CaribbeanPlace: EuropePerson: David SiegelEvent: September 11 terrorist attacksOrganisation: US AirwaysOrganisation: US Airways GroupOrganisation: US Bankruptcy Court for the Eastern District of VirginiaOrganisation: US Airways Air Line Pilots AssociationOrganisation: Association of Flight Attendants AFL-CIOOrganisation: International Association of Machinists and Aerospace WorkersOrganisation: Credit Suisse First BostonOrganisation: Bank of America CorporationOrganisation: Texas Pacific GroupOrganisation: Air Transport Stabilisation BoardOrganisation: ATSB
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