I think we worked very hard for that. |
Republic Airways has been operating as a US Airways Express carrier since earlier this month, and we are pleased to complete this additional step in our expanded relationship as well as in our restructuring efforts. |
That we have secured such an impressive slate of equity investors and partner support in a period of such industry uncertainty is a strong indication of the prospects and enthusiasm for this transaction, ... We believe that the airline created from the merger of US Airways and America West will bring more choices for customers, as we expand the low-fare pricing structure of America West to dozens of new cities, while also offering passenger-service amenities, such as an attractive frequent flyer program, assigned seating and a First Class cabin. |
think about where we came from ... and move on and move forward. |
Ticket prices are going up. You have to pay for the product. |
We have been in discussions with a number of interested parties over the last several months, ... But this mornings news coverage has been much more extensive. |
We have devoted the last six months to building and implementing a transformation plan that leverages our strengths and allows us to compete successfully in a changing airline industry, |
We have made the difficult but necessary decision to complete this process with the help of the court, |
We will have a very strong cash position, a robust business plan, a low cost structure, and a strong network that offers our customers an attractive product and more choices. |
While Chapter 11 is a possibility, the talk of an imminent shutdown, a disruption of service, or impending liquidation is simply not true, ... If Chapter 11 becomes necessary, our survival will remain dependent upon transformation. One way or another, we need new labor agreements. |