"US Airways er ferdig"

[CK]

Analyst sees US Airways liquidation by year-end
(Source : Reuters, February 01, 2005)

US Airways will probably fail in 2005, one casualty of a year that may also see a Delta bankruptcy, a research analyst said Tuesday. 'The 2005 outlook for our airline industry is dismal,' Roger King, an analyst at CreditSights specialising in airlines, said. 'High fuel costs and declining yields in particular should push US Airways into liquidation,' King said. US Airways, widely seen by analysts as the weakest of a struggling industry, is particularly vulnerable because of its focus on the competitive northeastern market. But few have forecast that the carrier would fail this year. Told of King's comments, US Airways spokesman David Castelveter said: 'We have worked hard to overcome obstacles that many thought were insurmountable, yet like the industry, we still face a number of challenges.' 'We are taking the next steps to build an airline that can be successful in a low-fare environment,' Castelveter added.
Full Story: http://news.airwise.com/story/view/1107285974.html

[Isbamse]

Originally posted by CK Told of King's comments, US Airways spokesman David Castelveter said: 'We have worked hard to overcome obstacles that many thought were insurmountable, yet like the industry, we still face a number of challenges.' 'We are taking the next steps to build an airline that can be successful in a low-fare environment,' Castelveter added.

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