Still trying to shed costs, US Airways yesterday unveiled plans to cut 2,500 more employees during the next three years and close one of its last three remaining heavy maintenance bases and reservations centers. The announcement came as little surprise following CEO David Siegel's warning earlier this month that the airline needed more cuts to survive continuing weak revenues (DAILY, Nov. 14). At the same New York event, Siegel said he foresaw no recovery until 2004 at the earliest, ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "US Air Cutting More Staff, To Drop Two Florida Facilities".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.