US Airways submits reorganization plan centered on merger

US Airways submitted its reorganization plan to a federal bankruptcy court Thursday. Submitting the plan is one of the last steps the airline must take toward emerging from bankruptcy protection. The plan involves the airline's proposed merger with America West Airlines, which would create a large, low-cost carrier.

AmWest-US Air merger's details revealed

SEC filing features items of note for investors
Dawn Gilbertson
The Arizona Republic
Jun. 29, 2005 12:00 AM

America West Airlines and US Airways weren't formally engaged until last month, but the pair began flirting well over a year ago.The long-distance courtship began in February 2004, according to new merger documents filed Tuesday with securities regulators. It was a case of opposites attracting: America West was strong on the West Coast, US Airways on the East. The airlines broke up last summer over money differences (US Airways' expenses were too high) but by the end of the year were talking about getting back together because US Airways was in better shape. They did, in January, and cemented the relationship with a merger announcement on May 19. The new airline will be based in Tempe but called US Airways. The background of the initially hush-hush merger talks was among a host of disclosures in a 386-page legal document the two companies filed with the Securities and Exchange Commission. There were no blockbuster revelations involving board dissent over the merger or competing offers or rich insider deals. One airline analyst called the document standard. Still, there were some noteworthy disclosures for shareholders to mull over as they decide whether to approve the merger later this summer:

Merger faces many risks, filing says:

Risks to the merger of US Airways and America West Airlines include the integration of corporate culture and high fuel prices, the carriers said in a regulatory filing. The merger still needs approval from a bankruptcy court and creditors.

Bad vaccine sickens 216 children

BEIJING - More than 200 Chinese children became sick and one child died after
being given an unauthorized Hepatitis A vaccine, the government said Tuesday.

Report: America West faces no serious rivals for US Airways

Just one person has publicly expressed interest in bidding this week for US Airways, the Pittsburgh Post-Gazette reported. Bids, which would rival a merger proposed by America West Airlines, are due this week. The lone bidder, Sallijo Freeman, is an Atlanta woman who says she represents an overseas investment group. The bankruptcy judge will evaluate all bids and decide on July 7; observers do not expect America West's bid to be seriously challenged.