26-Nov-2009 6:15 PM
US Airways delays Airbus orders, improves liquidity - and the market likes it
Analysis
At the end of a year in which airlines have raised billions of dollars to stave off bankruptcy or credit crises, US Airways on Tuesday announced it had arranged a deal to improve liquidity. And the market was impressed; its stocks rose 6.5% on the day, then another 7.0% yesterday, although it is still bumping along the bottom.
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