PRINTER'S NO. 490
No. 83 Session of 2003
INTRODUCED BY LAUGHLIN, BARRAR, BEBKO-JONES, CAPPELLI, CAWLEY,
DALEY, D. EVANS, GABIG, GRUCELA, HERSHEY, JAMES, LESCOVITZ,
McCALL, MELIO, PISTELLA, READSHAW, ROBERTS, ROEBUCK, SAINATO,
SOLOBAY, THOMAS, TIGUE, TRAVAGLIO, WALKO, WASHINGTON,
WOJNAROSKI AND YOUNGBLOOD, FEBRUARY 25, 2003
REFERRED TO COMMITTEE ON INTERGOVERNMENTAL AFFAIRS,
FEBRUARY 25, 2003
A RESOLUTION
1 Memorializing Congress to initiate an investigation of the
2 financial practices of US Airways.
3 WHEREAS, US Airways has recently filed for Federal bankruptcy
4 protection under Chapter 11; and
5 WHEREAS, US Airways has reported losses of more than $2
6 billion in 2001; and
7 WHEREAS, US Airways has demanded salary and benefit
8 concessions of $900 million from all of its employees; and
9 WHEREAS, US Airways, a major airline company in this
10 Commonwealth, has announced layoffs of approximately 20,000
11 employees; and
12 WHEREAS, US Airways is a major employer in the Pittsburgh
13 region, and its layoffs will have a profound effect on the
14 economy of that region as well as the Commonwealth of
15 Pennsylvania; therefore be it
16 RESOLVED, That the House of Representatives memorialize the
1 Congress of the United States to initiate investigations into
2 the financial practices of US Airways to ensure that during its
3 reorganization period the company's assets are being managed
4 appropriately and that any Federal financial assistance US
5 Airways receives is being used in the best interests of the
6 company, its stockholders, its employees and the public; and be
7 it further
8 RESOLVED, That the Chief Clerk transmit copies of this
9 resolution to the presiding officers of each house of Congress
10 and to each member of Congress from Pennsylvania.
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