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Wed, Feb 23, 2005

WisconsinAir Enters US Airways Bankruptcy Fray

Cheeseheads To The Rescue!

US Airways has a new friend in WisconsinAir, the nation's biggest privately-held regional carrier. WisconsinAir now has a $125 million stake in the Virginia-based legacy carrier, as US Airways struggles to emerge from its second trip to federal bankruptcy court.

WisconsinAir and US Airways have a longtime working relationship, one that US Airways says will grow stronger with WisconsinAir's substantial investment.

If the bankruptcy judge approves, that $125 million will be converted to stock and make WisconsinAir a major player in US Airways affairs.

FMI: www.usairways.com, www.wisconsinair.com

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