US Airways files for bankruptcy protection

[transplant99]

One of the lingering effects of 9/11 still?... 7th largest carrier in North America files for the second time in 2 years.

http://money.cnn.com/2004/09/12/news/fortu...dex.htm?cnn=yes

[Displaced Flames fan]

Originally posted by transplant99@Sep 12 2004, 11:38 PM
One of the lingering effects of 9/11 still?... 7th largest carrier in North America files for the second time in 2 years.

http://money.cnn.com/2004/09/12/news/fortu...dex.htm?cnn=yes

That and gross mismanagement.

There are airlines that have turned a profit even in the wake of 9-11 and what it did to the industry.

Fuel prices are a huge factor as well.

[Cowperson]

Originally posted by Displaced Flames fan+Sep 12 2004, 11:40 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td>QUOTE (Displaced Flames fan @ Sep 12 2004, 11:40 PM)</td></tr><tr><td id='QUOTE'> <!--QuoteBegin-transplant99@Sep 12 2004, 11:38 PM
One of the lingering effects of 9/11 still?... 7th largest carrier in North America files for the second time in 2 years.

http://money.cnn.com/2004/09/12/news/fortu...dex.htm?cnn=yes

That and gross mismanagement.

There are airlines that have turned a profit even in the wake of 9-11 and what it did to the industry.

Fuel prices are a huge factor as well. [/b][/quote]
Bad management but employees pay the price. We may well see the same thing in the NHL.

Cowperson