ARLINGTON, Va., Oct. 15 /PRNewswire-FirstCall/ -- US Airways Chief
Executive Officer Bruce R. Lakefield issued the following statement after the
decision today by Judge Stephen S. Mitchell to grant the company interim
relief from its labor contracts:
"Our request for interim relief was a regrettable but necessary step to
build cash and assure our customers of our ability to continue operations.
Judge Mitchell's thoughtful and expeditious decision on this matter, in
combination with the agreement with the ATSB to allow use of cash for the next
three months, provides us with an opportunity to successfully complete our
Transformation Plan. But the interim relief is not a substitute for permanent
relief, and we will continue to make all our resources available to quickly
reach consensual agreements with the Association of Flight Attendants, the
Communications Workers of America, and the International Association of
Machinists," said Lakefield.
SOURCE US Airways