US Airways & America West Update

We should have some closure on this story this week, but it’s now looking like US Airways and America West are close to securing a $250 million loan from Airbus, as part of a package to purchase 20 A350s.  The two carriers are looking for a total of $400 million, $100 million of which could come from Air Canada’s parent (the plot thickens on this whole thing, as the combined carrier would be partially owned by Air Wisconsin, Air Canada and Airbus.  I’m not sure why I find that odd.)  Other reports have suggested that the link-up would begin as a codeshare and not become a full-fledged merger for some time. 

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