4:30pm 09/12/04
US Airways files for bankruptcy (UAIR) By Alan Doyle
SAN FRANCISCO (CBS.MW) -- US Airways Group [s:uair] said Sunday it has filed for Chapter 11 bankruptcy protection. The nation's seventh-largest airline said it will continue normal operations. The carrier said it faces 30 covenant tests relating to its U.S. Air Transportation Stabilization Board loan and expriign financing agreements with General Electric, Bombardier and Embraer. US Airways blamed the filing, which had been expected by many analysts, on failure to win additional concessions from its unions.