Bird Doctor
Senior
March 22, 2006 08:35 PM ETUS Airways Extends Maintenance LeaseadvertisementRelated information E-mail this article Print-friendly versionStocks mentioned in this articleUS Airways Group, Inc.(LCC) Stock Quote, Chart, News
All Associated Press NewsPITTSBURGH (AP) - US Airways said Wednesday it will extend a lease to continue aircraft maintenance at Pittsburgh International Airport by five years, a move expected to keep more than 1,000 jobs in the region.
The deal means the carrier will keep maintenance operations for its Airbus jets at the airport along with three hangars and mail and cargo facilities.
Recent investing newsLevitt Corporation Reports Earnings For The Fourth Quarter and Full Year 2005 At Forbes: Stocks Boosted By GM Buyouts At Forbes: At Forbes: Dell Beams Up Alienware At Forbes: China's Hu, Russia's Putin Vow Oil, Gas Teamwork
"This should put to rest for a length of time -- five years at a minimum -- the question of where US Airways is going to perform their major maintenance," said Kent George, chief executive of the Allegheny County Airport Authority.
US Airways offered 560 daily flights, more than 80 percent of all traffic, at the airport before filing for bankruptcy in 2001. It dropped Pittsburgh as a hub last year, and now offers 175 daily flights from the city.
Last week, union officials said US Airways Group Inc. planned to transfer 100 Pittsburgh area flight attendants to Philadelphia to staff a growing slate of international flights.
___
http://news.moneycentral.msn.com/ticker/ar...1&Symbol=US:LCC
All Associated Press NewsPITTSBURGH (AP) - US Airways said Wednesday it will extend a lease to continue aircraft maintenance at Pittsburgh International Airport by five years, a move expected to keep more than 1,000 jobs in the region.
The deal means the carrier will keep maintenance operations for its Airbus jets at the airport along with three hangars and mail and cargo facilities.
Recent investing newsLevitt Corporation Reports Earnings For The Fourth Quarter and Full Year 2005 At Forbes: Stocks Boosted By GM Buyouts At Forbes: At Forbes: Dell Beams Up Alienware At Forbes: China's Hu, Russia's Putin Vow Oil, Gas Teamwork
"This should put to rest for a length of time -- five years at a minimum -- the question of where US Airways is going to perform their major maintenance," said Kent George, chief executive of the Allegheny County Airport Authority.
US Airways offered 560 daily flights, more than 80 percent of all traffic, at the airport before filing for bankruptcy in 2001. It dropped Pittsburgh as a hub last year, and now offers 175 daily flights from the city.
Last week, union officials said US Airways Group Inc. planned to transfer 100 Pittsburgh area flight attendants to Philadelphia to staff a growing slate of international flights.
___
http://news.moneycentral.msn.com/ticker/ar...1&Symbol=US:LCC