Report: US Airways may file for bankruptcy by Sunday

09/10/2004 | NYTimes.com · Wall Street Journal, The

Sources told The New York Times that US Airways will probably file for bankruptcy protection on Sunday unless its unions agree to concessions. US Airways CEO David G. Bronner said yesterday Chapter 11 was more likely than liquidation if the airline does file for bankruptcy, though liquidation remains a possibility. Analysts say the carrier's odds of emerging from a second bankruptcy are slim.

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