US Airways faces booking backlash
By Elizabeth Souder
Dow Jones Newswires
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NEW YORK — US Airways' problems during the holidays with mishandled baggage are prompting travel agents and customers to book trips with other airlines.
Travel agents said they're concerned that operations disruptions or even liquidation will lead to more canceled trips as the bankrupt airline continues contract negotiations with the baggage-handlers union and faces $260 million in airplane payments in the next two months.
"Their future rests in the hands of thousands of travel agents," said William Rochelle, an airline-bankruptcy expert with Fulbright & Jaworski.
Rochelle and other travel experts said the trouble during the holiday weekend prompted a greater degree of concern among customers than the bankruptcy filings of the past few years. US Airways continues to operate under Chapter 11 protection.
"I think that what's going on now is very dangerous for US Airways," said Standard & Poor's analyst Jim Corridore, who does not own airline shares. "I frankly have been surprised that they've been able to survive this long."
By Elizabeth Souder
Dow Jones Newswires
E-mail this article
Print this article
Search archive
Most read articles
Most e-mailed articles
RSS feeds
NEW YORK — US Airways' problems during the holidays with mishandled baggage are prompting travel agents and customers to book trips with other airlines.
Travel agents said they're concerned that operations disruptions or even liquidation will lead to more canceled trips as the bankrupt airline continues contract negotiations with the baggage-handlers union and faces $260 million in airplane payments in the next two months.
"Their future rests in the hands of thousands of travel agents," said William Rochelle, an airline-bankruptcy expert with Fulbright & Jaworski.
Rochelle and other travel experts said the trouble during the holiday weekend prompted a greater degree of concern among customers than the bankruptcy filings of the past few years. US Airways continues to operate under Chapter 11 protection.
"I think that what's going on now is very dangerous for US Airways," said Standard & Poor's analyst Jim Corridore, who does not own airline shares. "I frankly have been surprised that they've been able to survive this long."