Political Quotes

James Moran: “Let me just share some information regarding USAirways. In the first place, USAirways attempted to sustain its…”

On the recordMay 22, 2002
Let me just share some information regarding USAirways. In the first place, USAirways attempted to sustain its operations as long as possible without having to draw on a Federal loan guarantee. In the second place, as I think the gentleman knows, USAir has been working very diligently in working out labor agreements and showing a long-term plan so that this loan guarantee will be able to be paid off and they can show a viable financial plan into the future. This is a very difficult process for such a large airline.
Said by
James Moran
Virginia
Source
govinfo.gov

Editor's note · Context

Discussing the financial challenges faced by USAirways and its efforts to secure a loan guarantee.

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