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FILE PHOTO OF A US AIRWAYS JET AT REAGAN NATIONAL AIRPORT, 2002-11-27 (photo)

IMAGE number
REU7647844
Image title
FILE PHOTO OF A US AIRWAYS JET AT REAGAN NATIONAL AIRPORT, 2002-11-27 (photo)
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Photographer
Brendan McDermid
Medium
photograph
Date
2002 AD
Shooting Date
2002-11-27
Image description

US Airways Group Inc. plans to reduce annual costs by $1.8 billion and hopes to emerge from bankruptcy protection next March, the carrier said in its reorganization plan on December 21, 2002. In a filing with the U.S. Bankruptcy Court for the Eastern District of Virginia in Alexandria, the airline said its lead investor, state pension fund Retirement Systems of Alabama, will maintain its $240 million, or 36 percent, equity stake. A US Airways jet prepares to pull into the gate while a United Airlines plane is parked at the jet way at Reagan National Airport near Washington in this November 27, 2002 file photo. REUTERS/Brendan McDermid/FILE BM

Photo credit
REUTERS/Brendan McDermid / Bridgeman Images
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