US Airways redeems

1997-08-27T13:31:00

US Airways has exercised its right to redeem all of its remaining interest-bearing preference shares, in a move designed to shave around $19 million off annual financing costs. With repurchases earlier this year, the US air carrier expects to save $46 million in savings on annual dividends.

Keep reading this article by becoming a FlightGlobal member now

PLEASE REGISTER FOR FREE OR SIGN IN TO CONTINUE READING

You have reached your limit of free articles for this period. Register for a FREE account to read this article and benefit from:

Increased access to online news and in-depth articles from:
FlightGlobal Premium covering the global aviation industry
Airline Business providing insight for business leaders
Weekly newsletters on topics across the industry

Join now