US Airways boss quits
The president and chief executive of US Airways has resigned after just two years in the role.
According to US Airways, David Siegel ‘has exercised his contractural rights’ and leaves the airline immediately.
US Airways has already filed for Chapter 11 bankruptcy and according to reports on FT.com, is undergoing restructuring to avoid filing for bankruptcy a second time.
Bruce Lakefield, chairman of the Board of Directors’ Finance and Strategy, and Human Resources committees has been named the chief executive officer, effective immediately. Mr Lakerfield, 60, was chairman and chief executive of Lehmann Brothers International between 1995 and 1999 and has come out of retirement since to take the role.
In a statement Mr Siegel said that after two difficult years the only way for the airline to move forward was a change in leadership. He said. “I hope that today’s announcement is the first step in a healing process that will enable the company to complete its restructuring.”
US Airways faces increasing competition from plucky no-frills carrier Southwest, which plans to move operations to Philadelphia next month.
Report by Ginny McGrath
Ginny McGrath
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
France prepares for a massive strike across all transports on September 18
Turkish tourism stalls due to soaring prices for accommodation and food
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt