Stocks US Airways Group Inc

More

  • Thousands of weary travelers faced a third day waiting to reach their destinations Sunday as US Airways struggled to recover from the ice and snow storm that paralyzed airports in the Northeast.

  • US Airways Workers Protest Negotiations Thursday, 15 Mar 2007 | 4:31 AM ET

    Six weeks after its bid for Delta Air Lines collapsed, US Airways President Scott Kirby says the company's top priority in 2007 would be to settle its union labor contracts and finish combining operations with America West Airlines.

  • US Airways said it sent 20 extra workers to its Charlotte, North Carolina hub after a glitch in its self-service reservation system on Sunday forced thousands to wait in lines for up to three hours.

  • Doug Parker

    Doug Parker, 45, pleaded guilty Tuesday morning in Scottsdale City Court to one DUI charge, according to the court clerk's office.

  • U.S. Airways' Largest Shareholder Slashes Holding Wednesday, 14 Feb 2007 | 4:02 AM ET

    U.S. Airways announced late Tuesday that its largest shareholder, PAR Investment Partners, has sold more half of its 13.5 million shares. PAR Investment cut its stake to 6.5 million shares, citing a need to diversify its portfolio.

  • CEO "Crimes"--Treat Them Like Everyone Else? Monday, 12 Feb 2007 | 5:07 PM ET
    Douglas Parker, US Airways CEO

    There’s no question that the DUI arrest of US Airways Chief Executive Douglas Parker last month is making headlines in a way that probably wouldn’t have happened in decades past. CEO’s are no longer private citizens, and media scrutiny of corporate America has turned some of them into celebrities. Although the buck stops at the corner office, where....

  • Doug Parker

    a newspaper reported that Parker had a previous DUI conviction in 1991 when he worked for American Airlines in Dallas, and Parker admitted to two other alcohol-related incidents.

  • US Airways CEO Arrested on Drunk Driving Suspicion Friday, 9 Feb 2007 | 6:27 PM ET
    Doug Parker

    The incident occurred hours after Parker pulled US Airways' bid to acquire larger, bankrupt rival Delta Air Lines after Delta creditors rejected the bid.

  • CNBC's Schacknow: Being Lucky, Good And Both Friday, 9 Feb 2007 | 2:37 PM ET

    Timing Is Everything: Or, as one of my favorite TV characters, Maxwell Smart, used to say: “Missed it by THAT MUCH!”. Earlier this week, I told the tale of how Equity Office Properties shareholders voted to approve a takeover bid by Blackstone Group - with the news breaking just seconds before an already-scheduled hit on that subject by reporter David Faber.

  • Delta Moves Forward With Plan to Exit Bankruptcy Wednesday, 7 Feb 2007 | 4:33 PM ET

    A judge approved a disclosure statement that will be sent to creditors along with a Delta Air Lines reorganization plan, a big step forward in the airline's effort to exit bankruptcy.

  • Lawyers for Delta Air Lines, the nation's third-largest carrier, said Friday in court papers that the company's creditors' committee has approved the terms of the $2.5 billion in financing that Delta has secured to emerge from bankruptcy protection.

  • Doug Parker, Chairman & CEO, US Airways

    US Airways Group dropped its hostile $9.8 billion offer to buy Delta Air Lines after Delta creditors threw their support behind the bankrupt airline's standalone reorganization plan.

  • Delta Air Lines said it has commitments from six major banks for $2.5 billion in exit financing as it aims to emerge from bankruptcy protection independently.

  • US Airways, which is attempting a hostile takeover of rival Delta Air Lines, said net income in fourth quarter ended Dec. 31 totaled $12 million, or 13 cents a share, compared with a loss of $261 million, or $3.27 a share, a year earlier.

  • Markets End Mixed As Investors Focus On Fed Monday, 29 Jan 2007 | 5:47 PM ET

    Stocks ended mixed on Monday as investors cast a wary eye on rising interest rates ahead of the Fed's two day meeting this week.

  • US Airways Group is willing to add $1 billion to its $9.67 billion offer for Delta Air Lines  if Delta's creditors committee agrees to discuss a merger of the two carriers, CNBC's David Faber reported, citing sources close to US Air.

  • Dow Eclipses All-Time High As Tech, Telecom Bounce Wednesday, 24 Jan 2007 | 6:14 PM ET

    It was a record day for stocks as every sector finished the day in  positive territory. The Dow Jones Industrial Average closed at an all -time high while the Nasdaq and S&P 500 were boosted by strength in tech shares. The S&P 500 finshed the day at a new six-year high.

  • Delta CEO Tells CNBC Proposed US Airways Merger Is Flawed Wednesday, 24 Jan 2007 | 4:52 PM ET

    "The problem is not the price," Grinstein said of the proposed $10.5 billion deal. "The problem is whether it can be done and the cost of doing it."

  • CNBC's Schacknow: When A Company PR Dept. Calls Wednesday, 24 Jan 2007 | 2:14 PM ET

    A Belated Return: The breaking news desk blog has returned after a longer than expected absence - upon my return to work yesterday after vacation, my computer somehow fried its innards, necessitating a complete overhaul. As I told my very understanding CNBC.com bosses, the dog really DID eat my homework!

  • U.S. Airways Chief Exec 'Willing to Talk" on Delta Tuesday, 23 Jan 2007 | 10:52 AM ET

    US Airways Group Chief Executive Doug Parker was noncommittal Tuesday on whether his company would be willing to increase its bid to buy Delta Air Lines even further to appease Delta's creditors.