forget the past.. and forget what PIT promised to US..
I hear you....but for the Pol's...it don't go away that easy...and thats why U will never be a winner in PIT.
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forget the past.. and forget what PIT promised to US..
Yep and Southwest is filling those PIT-PHL seats with US PIT based F/A and pilot's heading to and from work
Correction......the airport was built for USAir....but remember...they never paid for it!! And as for the media, truth hurts.
It's called a "memory". ORF, GSO, MIA, SYR, BWI--all closed as bases in favor of PIT. And when those things happened, so many based in the Steel City were happy to point out that those whose bases were closed needed to get over it. Economic reality, I recall being told....But it never ceases to amaze me how so many employees bash PIT to a point that some seem to actually enjoy watching their coworkers lose their jobs (so much for solidarity).
Up until then who benefited the most from that aiport?Oh contrair monfrair...
The airport was built to what U wanted. Yes... But up until the first BK., U had been funding the bond at yearly rates. That was a requirement of state and local governments.
So if you want the truth... You better know the truth...
Just my opinion...
Oh contrair monfrair...
The airport was built to what U wanted. Yes... But up until the first BK., U had been funding the bond at yearly rates. That was a requirement of state and local governments.
So if you want the truth... You better know the truth...
Just my opinion...
County claims against US Airways top $2 billion
Wednesday, April 30, 2003
Allegheny County has added another $594 million to the $1.46 billion in damages local authorities are seeking against US Airways, should the airline stop flying from Pittsburgh.
The county filed claims on Monday in U.S. Bankruptcy Court in Alexandria, Va., in response to the decision by US Airways to reject virtually all leases and contracts related to its Pittsburgh operations before coming out of bankruptcy last month.
Last week, the Allegheny County Airport Authority filed claims seeking $1.46 billion in damages from the airline, Pittsburgh's dominant carrier.
The only difference between the county's three filings, called proofs of claim, and those filed last week by the airport authority is $594 million in debt on revenue bonds issued by the county in 1997. The bonds refinanced airport debt dating to construction of the midfield terminal, which opened in 1992. They remained in the county's name even after the shift to the airport authority in 1999.
Claims were filed against US Airways Inc. and subsidiaries Allegheny Airlines Inc. and PSA Airlines Inc. Outside of the $594 million in revenue bond debt, the county claims duplicated those filed by the Airport Authority. With the duplication, each of the county claims topped $2 billion.
However, Allegheny County Solicitor Charles McCullough said any damages earned as a result of the filings would be paid in a single amount to be divided by the county and the airport authority.
He added that the county wanted to do everything in its power to protect its interests should US Airways pull out of Pittsburgh. The airline is seeking lease concessions and $155 million in capital improvements.
"We wanted to do what we could to mitigate any loss here," he said.
Should the county and airport authority damages be allowed, they would be added to a pool of unsecured claims now totaling about $7 billion.
About $11 million in US Airways stock -- or 1.3 cents to 1.8 cents on the dollar -- is available to pay damages on a pro rata basis.
nice attitude. yes we do suck since the merger with a sub prime airline. but will change.. the real guns yes the east coast US are changing things.. prime example. the RESERVATIONS SYSTEM> if it was so good before merger why are they making changes to it now.. WN in PIT is just a tenant with no intentions of making it big here. they can have all the gates they want.. they dont want them.. the so called SOUTHWEST EFFECT.. yeah right its called... EFFECT THIS.
Actually no, the new Frank Lorenzo of the business is a man known to us all....totally agree. Dave Segiel.. what a total jerk.. but a VERY RICH jerk. he is the NEW FRANK LORENZO of the business.