USAirBoyA330
Veteran
- Aug 23, 2002
- 724
- 0
Pennsylvania may ask US Airways to move...
Pennsylvania Gov. Ed Rendell could push US Airways Group Inc. to base its headquarters in his state in return for lease concessions and state money for its Pittsburgh and Philadelphia hubs.
The airline''s other major hub is at Charlotte/Douglas International Airport.
Published reports in Pennsylvania say Rendell has called on US Airways to move its corporate offices from Arlington, Va., if the state helps with $155 million in improvements at Pittsburgh International Airport and $235 million of improvements at Philadelphia International Airport.
Included in the requests apparently is $40 million for a maintenance and training facility for the airline''s new regional carrier, MidAtlantic Airways, which is expected to be based in Pittsburgh.
A spokesman for Rendell wasn''t immediately available for comment.
David Castelveter, a US Airways spokesman, declines to say whether the airline will consider such a move, in return for lease concessions and financial assistance. He also declines to disclose when airline officials will next meet with Pennsylvanian officials to discuss the lease and improvements.
All of these issues are issues that will be discussed in private ... with the county executive, as well as Gov. Rendell and his staff, Castelveter says. We''ll negotiate, and when there''s something to tell, we''ll tell you.
US Airways has rejected its current lease at the Pittsburgh airport as part of its Chapter 11 bankruptcy restructuring. The company is seeking to negotiate a new deal that would reduce its operating costs.
The airline has set a Jan. 4 deadline for reaching an agreement on a new lease. The airline says it will continue to pay its current rates until that date but will reject the lease on Jan. 5 if a new agreement is not in place.
US Airways was based in Wilmington, Del., from 1939 until 1949, Castelveter says.
In 1949, it moved into space inside an airplane hangar at then-Washington National Airport, now called Ronald Reagan Washington National. Forty years later, US Airways moved to its current location in Arlington.
Castelveter says the airline leases its current headquarters, but he declines to disclose the terms or length of the existing lease.
© 2003 American City Business Journals Inc.
Pennsylvania Gov. Ed Rendell could push US Airways Group Inc. to base its headquarters in his state in return for lease concessions and state money for its Pittsburgh and Philadelphia hubs.
The airline''s other major hub is at Charlotte/Douglas International Airport.
Published reports in Pennsylvania say Rendell has called on US Airways to move its corporate offices from Arlington, Va., if the state helps with $155 million in improvements at Pittsburgh International Airport and $235 million of improvements at Philadelphia International Airport.
Included in the requests apparently is $40 million for a maintenance and training facility for the airline''s new regional carrier, MidAtlantic Airways, which is expected to be based in Pittsburgh.
A spokesman for Rendell wasn''t immediately available for comment.
David Castelveter, a US Airways spokesman, declines to say whether the airline will consider such a move, in return for lease concessions and financial assistance. He also declines to disclose when airline officials will next meet with Pennsylvanian officials to discuss the lease and improvements.
All of these issues are issues that will be discussed in private ... with the county executive, as well as Gov. Rendell and his staff, Castelveter says. We''ll negotiate, and when there''s something to tell, we''ll tell you.
US Airways has rejected its current lease at the Pittsburgh airport as part of its Chapter 11 bankruptcy restructuring. The company is seeking to negotiate a new deal that would reduce its operating costs.
The airline has set a Jan. 4 deadline for reaching an agreement on a new lease. The airline says it will continue to pay its current rates until that date but will reject the lease on Jan. 5 if a new agreement is not in place.
US Airways was based in Wilmington, Del., from 1939 until 1949, Castelveter says.
In 1949, it moved into space inside an airplane hangar at then-Washington National Airport, now called Ronald Reagan Washington National. Forty years later, US Airways moved to its current location in Arlington.
Castelveter says the airline leases its current headquarters, but he declines to disclose the terms or length of the existing lease.
© 2003 American City Business Journals Inc.