• Costa Rica Coffee Guide

American West to Buy Bankrupt U.S. Airways

May 27, 2005

IN a move that proposes to mergethe United States’ seventh- and eighth-rankedairlines, America West HoldingsCorp. and a group of investors last weekannounced plans to buy bankrupt U.S.Airways.Neither America West nor U.S.Airways, both of which fly to Costa Rica,will make any immediate changes in theirroutes or schedules, according to a statementon America West’s Web site,www.americawest.com.If the merger is successful, the airlinewould become the sixth-biggest domesticcarrier in the United States. It would usethe U.S. Airways name but be based inTempe, Arizona, at America West’s currentheadquarters. U.S. Airways is basedin Arlington, Virginia.If the U.S. Bankruptcy Court ruleson the U.S. Airways case later this yearas expected and the airlines receive thenecessary approval by U.S. antitrust andtransportation officials, the airlines willbegin to coordinate scheduling and frequentflier programs, but will maintaintheir own certificates and names for afew years to follow for regulatory purposes.The transaction will require approximately$1.5 billion of new capital frompartners and suppliers, aircraft-relatedfinancings or sales, the release of cashreserves and new investors.

You may be interested

Eta and Iota left 200 dead, millions in financial losses across Central America
Costa Rica
72 views
Costa Rica
72 views

Eta and Iota left 200 dead, millions in financial losses across Central America

AFP - November 27, 2020

Hurricanes Eta and Iota, which hit Central America this month, left at least 200 confirmed dead and as many missing,…

Costa Rica offering all-expenses-paid vacations: How to enter
Costa Rica
16 views
Costa Rica
16 views

Costa Rica offering all-expenses-paid vacations: How to enter

Alejandro Zúñiga - November 26, 2020

Costa Rica is offering all-expenses-paid vacations for U.S. and Canadian residents who have found life’s essentials during what has been…

Thanksgiving in Costa Rica was a long time coming
Archive
14087 views
Archive
14087 views

Thanksgiving in Costa Rica was a long time coming

Rebecca Kimitch - November 26, 2020

For Thanksgiving 2020 we're looking back on a 2005 piece that, in turn, looked back on Thanksgivings past in Costa…