Press Room
 

FROM THE OFFICE OF PUBLIC AFFAIRS

March 31, 2003
JS-146

Air Transportation Stabilization Board
Issues Federal Guarantee on Behalf of US Airways, Inc.


The Air Transportation Stabilization Board today announced that US Airways, Inc. has closed on a $1 billion loan.  The loan is backed by a $900 million Federal guarantee issued under the Air Transportation Safety and System Stabilization Act and implementing regulations promulgated by the Office of Management and Budget.