USA320Pilot
Veteran
- May 18, 2003
- 8,175
- 1,539
Ashby, who has been with the airline since 1996, was in charge of the successful cost-cutting negotiations completed last year with the flight attendants and pilots. Pilots chairman Bill Pollock referred to Ashby yesterday as a "rising star" within the company.
In a message to employees yesterday, Ashby said, "There is much to be optimistic about. We have turned the corner with our labor groups, and we are now engaged together in the competitive fight that the company faces. We are leaner, tougher and ready to win."
Chicago airline analyst Bill Warlick also expects US Airways to find the $100 million in new equity necessary to keep a financing deal with General Electric, the airline's largest creditor. The GE commitment also requires action by tomorrow, and GE "clearly has signaled its willingness to continue funding the company and keep those planes in the air," Warlick said.
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Regards,
USA320Pilot
In a message to employees yesterday, Ashby said, "There is much to be optimistic about. We have turned the corner with our labor groups, and we are now engaged together in the competitive fight that the company faces. We are leaner, tougher and ready to win."
Chicago airline analyst Bill Warlick also expects US Airways to find the $100 million in new equity necessary to keep a financing deal with General Electric, the airline's largest creditor. The GE commitment also requires action by tomorrow, and GE "clearly has signaled its willingness to continue funding the company and keep those planes in the air," Warlick said.
See Story
Regards,
USA320Pilot