US Airways Confirms Plans to Proceed with Sale of Aircraft and Slot Assets to Republic Airways (PR Newswire via Yahoo! Finance)

US Airways Group Inc. confirmed today that it will proceed with plans to sell certain Embraer regional jet aircraft and slot assets to Republic Airways Holdings, which will generate approximately $100 million in liquidity for US Airways as it completes its Chapter 11 restructuring and eventual merger with America West Airlines.

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Posted June 23, 2005

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