Airline warns loss of emergency loans may mean bankruptcy

Monday, June 3, 2002

WASHINGTON -- US Airways and its supporters are battling congressional efforts to curtail the $10 billion in emergency airline loans that Congress approved just after Sept. 11, warning that squeezing the bailout program could force the company into bankruptcy.

To continue reading
For more than 115 years, the Southeast Missourian has written the first draft of local history. We have aspired to enrich, entertain, educate and inform. Our core values have remained firm: truth, service, quality, integrity and community. Support our mission.