> > Federal Air Helped Push Up Airlines' Earnings > > > > The nation's airlines can thank the American taxpayer for their improved financial picture in > > the second quarter. > > > > As major carriers reported financial results in the past two weeks, one after another said > > losses would have been worse -- or profits not as high or nonexistent -- if not for the $3.1 > > billion in federal aid given by Congress to ease the pain caused by sharp dropoffs in business > > before and during the Iraq war. > > > > It was the second such round of aid. The first came in the weeks after the Sept. 11, 2001, > > terrorist attacks and provided $5 billion in cash grants and $10 billion in loan guarantees > for > > the carriers. The second round included $2.3 billion in cash to 66 airlines, $700 million in a > > six-month waiver of security fees and $100 million to reimburse carriers for the costs of > > reinforcing cabin doors. > > > > > > > > US Airways settles claims, seeks to keep hub > > > > US Airways said on Friday it has settled all bankruptcy-related claims filed by Allegheny > > County, Pennsylvania and the Allegheny County Airport Authority with regard to Pittsburgh > > International Airport, one of its hubs. > > > > The No. 7 U.S. carrier, based in Arlington, Virginia, said the county and airport authority > will > > be granted a $211 million general unsecured claim in its bankruptcy case. > > > > It said they will rank with other unsecured creditors in the distribution of equity under US > > Airways' bankruptcy reorganization plan. US Airways Group Inc. USALA.OB exited Chapter 11 in > > March. > > > > > > > > US AIRWAYS TO REPORT SECOND QUARTER 2003 EARNINGS > > > > US Airways will announce its second quarter 2003 earnings on Monday, July 28, 2003. > > > > A conference call will be held with analysts from the investment community. All parties are > > invited to listen via a special Webcast on US Airways' Web site at usairways.com. > > > > WHEN: July 28, 2003 > > > > WHERE: http://investor.usairways.com/medialist.cfm > > > > TIME: 1 p.m., Eastern time > > > > Participants must log on at least five minutes prior to the call in order to register. An > > archive of the conference call also will be available at usairways.com for one year from the > > completion of the call. A telephone replay of the call will be available through 1 p.m., > Eastern > > time, July 31, 2003, by calling 973-341-3080, PIN 4049826. > > > > The Webcast must be accessed using Real Player, which can be installed on your computer > through > > the US Airways Web site by following the instructions shown on the Presentations page (URL > > listed above). The download is free and should take approximately 10 minutes. > > > > > > > > US Airways and Northwest Begin Interline E-ticketing > > > > US Airways today began offering its customers "interline" electronic ticketing capabilities > with > > Northwest Airlines, enabling travelers to use a single e-ticket for itineraries that include > > travel on both carriers. > > > > Under this agreement with Northwest, US Airways now has interline e- ticketing agreements on > > itineraries that include travel on United, Continental Airlines and American Airlines, > enabling > > customers to travel on one e-ticket. > > > > "E-tickets are now used by 92 percent of our customers," said Kerry Carstairs, US Airways vice > > president of direct distribution. "By adding > > Northwest to our growing list of interline e-ticket capable carriers, even more of our > customers > > can enjoy the time-saving benefits of e-ticket travel." > > > > Interline e-ticket technology allows customers to use a single e-ticket issued by US Airways > for > > an itinerary that also includes travel on Northwest. > > > > It also enables US Airways to accommodate Northwest customers holding e- tickets on changed > > itineraries. Previously, holders of Northwest tickets were required to acquire a paper ticket > > from US Airways or obtain a refund and purchase a new ticket on Northwest, if their flight > > reservations were changed from Northwest to US Airways, and vice versa. __________________________________ Do you Yahoo!? Yahoo! SiteBuilder - Free, easy-to-use web site design software http://sitebuilder.yahoo.com