Air Transport World

US Airways Group.(North America Report)(agreements)(Brief Article)

US Airways Group said it reached an agreement with GE Capital Aviation Services and GE Engine Services that will provide it with $140 million in interim liquidity and more than $80 million annually in cash savings and reductions in aircraft ownership and engine maintenance costs. As part of the deal, GECAS will lease up to 31 new 70- and 90-seat regional jets to US Airways over the next three years and the carrier will return to GECAS 10 A319s in 2005 and 15 737-300s in 2006 and 2007. …

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