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US Airways defers delivery of 54 aircraft
US Airways will delay delivery of 54 new Airbus jets until at least 2013 and take other steps to boost its cash reserves until travel demand rebounds.
The airline said Tuesday that putting off the deliveries will cut aircraft spending by $2.5 billion over the next three years.
The company said a new $95 million loan plus other financial moves will boost its available cash by about $150...
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