America West-US Airways Merger Talks Accelerate | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.10.24

Airborne-NextGen-06.11.24

Airborne-Unlimited-06.12.24 Airborne-FltTraining-06.13.24

Airborne-Unlimited-06.14.24

Mon, May 16, 2005

America West-US Airways Merger Talks Accelerate

Now Airbus, GE, Others Could Be In On Deal

Talks in the first of what some experts predict will be an airline trend appeared to have picked up steam over the weekend as Airbus appeared to step in with the cash necessary to fund a merger between America West and US Airways.

The merger would create America's sixth-biggest airline and is valued at $1 billion. The problem: Finding about half that amount to capitalize the deal.

Enter Airbus, Air Wisconsin, Air Canada and General Electric. All those companies are potential partners in the deal. But it's not all champagne and caviar -- GE will reportedly want to lower its exposure in the deal, cutting off most RJ funding and repossessing more lease planes than first planned. Even as US Airways tries to stave off oblivion with the America West deal, there's still a lot of skepticism in the marketplace about whether such a venture will succeed.

Even before US Airways entered its second bankruptcy in two years, the airline was talking about mergers as the wave of the future. Still, as US Airways and America West hope to conclude business by the end of the week, any deal struck will have to be approved by a bankruptcy court in Virginia.

FMI: www.usairways.com, www.americawest.com

Advertisement

More News

ANN FAQ: Submit a News Story!

Have A Story That NEEDS To Be Featured On Aero-News? Here’s How To Submit A Story To Our Team Some of the greatest new stories ANN has ever covered have been submitted by our>[...]

Aero-News: Quote of the Day (06.12.24)

“The legislation now includes a task force with industry representation ensuring that we have a seat at the table and our voice will be heard as conversations about the futur>[...]

ANN's Daily Aero-Linx (06.12.24)

Aero Linx: Waco Museum The WACO Historical Society, in addition to preserving aviation's past, is also dedicated and actively works to nurture aviation's future through its Learnin>[...]

ANN's Daily Aero-Term (06.12.24): Adcock Range

Adcock Range National low-frequency radio navigation system (c.1930-c.1950) replaced by an omnirange (VOR) system. It consisted of four segmented quadrants broadcasting Morse Code >[...]

Airborne Affordable Flyers 06.06.24: 200th ALTO, Rotax SB, Risen 916iSV

Also: uAvionix AV-Link, Does Simming Make Better Pilots?, World Games, AMA National Fun Fly Czech sportplane manufacturer Direct Fly has finished delivering its 200th ALTO NG, the >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC