Service not impacted by bankruptcy, says US Airways
US Airways officials promised business-as-usual after filing for bankruptcy protection for the second time in two years. Said Bruce Lakefield, president and CEO:
“All bookings will be honored, and ticketing policies are unchanged. Existing marketing partnerships with other airlines remain in place.”
Any changes to schedules or policies will be announced in advance, he added.
The airline became the fourth major US carrier dealing with bankruptcy problems. United has been operating under bankruptcy for nearly two years; American Airlines filed 18 months ago; and Delta said it is considering asking for Chapter 11 protection.
US said it would present a reorganization plan by the end of the year.
Previously, US Airways has said its survival strategy is to drop its traditional emphasis of serving both large and small cities, and instead focus on direct flights from major cities with much cheaper fares.
The carrier said its filing for Chapter 11 protection would give it a chance to “implements its transformation plan built on lower costs, a simplified fare structure and expanded service in the eastern US, the Caribbean, Latin America and Europe.”
Report by David Wilkening
David
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