US says bankruptcy may loom if Congress curtails loans

06-06-2002, 08:22 AM

dbaker

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US says bankruptcy may loom if Congress curtails loans

US Airways says bankruptcy may loom if Congress curtails emergency airline loans

Quote:

WASHINGTON - US Airways and its supporters are battling congressional efforts to curtail the $10 billion in emergency airline loans that Congress approved just after Sept. 11, warning that squeezing the bailout program could force the company into bankruptcy.

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