This article from NYTimes.com has been sent to you by psa188@juno.com. A US Airways Financing Deal Is Approved January 17, 2003 By REUTERS ALEXANDRIA, Va., Jan. 15 - A federal bankruptcy court approved a plan today for GE Capital to take a stake of up to 5 percent in US Airways in exchange for $830 million in financing. The deal was included in a series of motions approved by the judge, Stephen S. Mitchell, that are crucial to the airline's efforts to reorganize and emerge from bankruptcy protection. Under the agreement, GE Capital, the airline's largest creditor, will provide $120 million in emergency financing to help US Airways run its operations during reorganization. That is in addition to the $500 million being provided by the airline's largest investor, the Retirement Systems of Alabama. GE Capital would also provide $360 million in financing once US Airways emerged from bankruptcy and $350 million of equity to start up leases on regional jets. The expanded use of regional jets is a cornerstone of the reorganization plan. http://www.nytimes.com/2003/01/17/business/17AIR.html?ex=1043811876&ei=1&en=c6929d18e248447a HOW TO ADVERTISE --------------------------------- For information on advertising in e-mail newsletters or other creative advertising opportunities with The New York Times on the Web, please contact onlinesales@nytimes.com or visit our online media kit at http://www.nytimes.com/adinfo For general information about NYTimes.com, write to help@nytimes.com. Copyright 2002 The New York Times Company