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US Airways arranges $1.6 billion debt refinance

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Flys4Fun

Well-known member
Joined
Jan 27, 2005
Posts
121
NEW YORK, Feb 28 (Reuters) - US Airways Group Inc. (LCC.N: Quote, Profile , Research) said on Wednesday it reached an agreement with units of Citigroup and Morgan Stanley to borrow up to $1.6 billion, which would allow the airline to refinance $1.25 billion of its senior secured debt and $325 million of unsecured debt.


The No. 7 U.S. carrier, which last month withdrew its hostile $9.8 billion offer to buy rival Delta Air Lines Inc. (DALRQ.PK: Quote, Profile , Research), said it expects to complete the transaction by the end of the first quarter.
 
Quick, put lipstick on this pig before they make their combined 4th trip to bk!
Not to worry though, daquari doug has all the answers. Just do what DL does, and make your complaints to the DOJ!:laugh:

737
 
Quick, put lipstick on this pig before they make their combined 4th trip to bk!
Not to worry though, daquari doug has all the answers. Just do what DL does, and make your complaints to the DOJ!:laugh:

737

Hey man relax....Didn't you get the memo? The Delta/US Airways deal is dead....
 
I just like having fun with the awa/us airways guys on here. They're so easy to get upset!

737

Now keep that in mind cause I just about to pull up all the Deltiod post. You, General, FDJ2 and 800 Dog were all crying the blues just last month now you guys got jokes. Bring'em on, BTW BK now anywhere in the plans in fact the restructure is for bigger fish. Keep your eye on the ball, this place is just about to go big time global...

WD.
 
Now keep that in mind cause I just about to pull up all the Deltiod post. You, General, FDJ2 and 800 Dog were all crying the blues just last month now you guys got jokes. Bring'em on, BTW BK now anywhere in the plans in fact the restructure is for bigger fish. Keep your eye on the ball, this place is just about to go big time global...

WD.

LMAO! Small fish in a big pond! AWA didn't even know points east of BOS until joining forces with AAA! But hey "handyman," you can wish in one hand and crap in the other.....See which one gets filled first!;)

737
 
LMAO! Small fish in a big pond! AWA didn't even know points east of BOS until joining forces with AAA! But hey "handyman," you can wish in one hand and crap in the other.....See which one gets filled first!;)

737

OK just keep watching, you guys won't be laughing so much this time next year. ;)
 
OK just keep watching, you guys won't be laughing so much this time next year. ;)

You're probably right....More likely we'll be rolling on the floor in hysterics!
Daquari doug has it all figured out. Just follow the lead WD, you'll learn! Besides, if DD can't get it his way, he'll just go get drunk and drive again! Maybe even submit another complaint to the DOJ!!:D

737
 
OK just keep watching, you guys won't be laughing so much this time next year. ;)


This time next year, when all of your management has spent some time in girl prison, you might aquire Spirit, and then GO GLOBAL......huh?


BYE BYE--General Lee
 
This time next year, when all of your management has spent some time in girl prison, you might aquire Spirit, and then GO GLOBAL......huh?


BYE BYE--General Lee

Welcome to the party Mr. 8330

WD.
 
Boy, you guys are great at turning something as mundane as a debt refi into something to talk about. Carry on.
 
I was thinking the same thing.

You know, I've got $5 and so I was gonna buy 5 shares of Delta's stock, but I bought some m&m's instead. When I got my change, it turns out I was still able to buy 4 shares anyway, so I guess I'll log into my E*trade account and get me some.

lame
 
I just like having fun with the awa/us airways guys on here. They're so easy to get upset!

737


I thougth the DELTA guys got their panties in a wad about the deal the most.

I think most AWA/US guys could care less...
 
I thougth the DELTA guys got their panties in a wad about the deal the most.

I think most AWA/US guys could care less...

Probably because it would have been a great deal for one group and a sh***y deal for the other. 120 widebodies and a large international presence at Delta vs. 25 or so widebodies at the glorified commuter know as USAirways.
 
Wow, is it year 2000 again? I'm reading all the Delta pilot trash talk and it takes me back......


Talk as tough as you want, but you are on your first of two Bankruptcies. USAir is going to spank you on profit this year. Mark this thread and we'll check back in a couple of quarters.
 
Wow, is it year 2000 again? I'm reading all the Delta pilot trash talk and it takes me back......


Talk as tough as you want, but you are on your first of two Bankruptcies. USAir is going to spank you on profit this year. Mark this thread and we'll check back in a couple of quarters.

And you are on your 3rd of? Mark this thread and we will check back in late '08 and see who gets spanked.
 
The Delta pukes are just channeling their fear through trash talk because they know their "stand alone plan" is crap and US will no longer be there to save them.
 
Wow, is it year 2000 again? I'm reading all the Delta pilot trash talk and it takes me back......


Talk as tough as you want, but you are on your first of two Bankruptcies. USAir is going to spank you on profit this year. Mark this thread and we'll check back in a couple of quarters.

Not if their CEO continues to party with his lawyer and drive the beemer afterwards. Sure, they may spank us THIS YEAR on profits, but they really have no plan (other than going GLOBAL according to WD), and we are emerging from BK. I would expect them to continue to show profits for awhile, and then tank. Let me take a guess at what will happen with us---we will do very well during Spring and Summer quarters, and not as well on the others. How did I do? Mark this post! I also have lottery numbers for last week if anyone wants them.....


Bye Bye--General Lee
 
1) I would expect them to continue to show profits for awhile, and then tank.

2) Let me take a guess at what will happen with us---we will do very well during Spring and Summer quarters, and not as well on the others.

How did I do? Mark this post! I also have lottery numbers for last week if anyone wants them.....

Bye Bye--General Lee

I'll come back to this and let you know.

I think #1 will be totally wrong. #2 may be overly optimistic too. Define well and not as well. I think '07 will see you treading water and '08 will suck.
 
The Delta pukes are just channeling their fear through trash talk because they know their "stand alone plan" is crap and US will no longer be there to save them.

So much so that the creditors drove daquari doug to drink (and drive)!

And who says a community college can't get you hired at awa!

737
 
The Delta pukes are just channeling their fear through trash talk because they know their "stand alone plan" is crap and US will no longer be there to save them.



Yeah, we really want to be a part of this:


WASHINGTON, Feb 28 (Reuters) - Pilots sued on Wednesday to stop US Airways Group Inc. (LCC.N: Quote, Profile , Research) from integrating operations of its predecessor companies until it negotiates one contract for its two pilot unions.
The Air Line Pilots Association officials said US Airways is dragging its feet in negotiations on a unified contract for thousands of pilots from the old US Airways and America West Airlines, which merged in 2005.
The carrier is branded under the US Airways flag but it operates separately when it comes to aircraft used and the crews who fly them. A new contract would cover wages, seniority and work rules.


The union also said in its suit filed in U.S. District Court in Philadelphia that management is taking a step to further align operations of the old companies that would violate pre-merger agreements to run them separately until a new contract was in place.
This Sunday, US Airways plans to migrate its reservation systems and drop the America West electronic code -- a marketing designation that tells customers which planes they will fly.
"US Airways wants desperately for our pilots to look like, dress like and act like they work for a merged airline," said Jack Stephan, chairman of the US Airways union. "However, the only road to a real merged airline is through a single contract."
US Airways said the change was for marketing purposes only but would have no effect on operations -- old America West crews would continue to work old America West aircraft and old US Airways crews would fly old US Airways planes.
E. Allen Hemenway, US Airways' vice president for labor relations, told union representatives for US Airways and America West pilots that the company strongly disagrees the change would violate agreements with the union and that the suit was unwarranted.
US Airways chief executive Doug Parker has said the carrier wants a unified contract with pilots but does not need one to satisfy federal regulations for operating the airline as one company.



Nice! Gotta love Parker. Can you say "whipsaw?" Time for another Goldshlager shot!


Bye Bye--General Lee
 
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The Delta pukes are just channeling their fear through trash talk because they know their "stand alone plan" is crap and US will no longer be there to save them.



Somehow I think you ACTUALLY believe what you just posted. Wow. Maybe you forgot about us reducing our debt and leases, and actually having a plan that Dougie had to see, or else! (He never saw it, too bad :( ) Remember how he kept saying he needed us to open the books to him? Sorry.


Bye Bye--General Lee
 
Lot's more Replacement Jets............yeah, great plan guys.
 

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