US Airways Files for Bankruptcy Sunday September 12, 4:41 PM EDT ALEXANDRIA, Va. (Reuters) - US Airways Group Inc. (UAIR), squeezed severely by low-cost rivals and soaring fuel prices and failing in its drive for new labor concessions, entered Chapter 11 bankruptcy protection on Sunday for the second time in two years. The airline sought protection from its creditors in the U.S. Bankruptcy Court for the Eastern District of Virginia, 18 months after emerging from Chapter 11 as a leaner carrier with new financing and a fresh focus on regional jet operations. There is little expectation the airline will be able to borrow more money or find new equity partners during this bankruptcy, but some industry and corporate restructuring experts interviewed by Reuters in recent days give US Airways a fighting chance of being able to cut its way back to health. The U.S. seventh-largest airline is based in Arlington, Virginia, and employs 28,000 people. It is expected to operate normally, at least in the very near term. Roger EWROPS