By sealing finance deals worth $404 million involving several aircraft and engines, and with the deferral by the US Government of excise taxes until 15 January 2002, US Airways says it expects to close the year with cash in hand of over $1 billion. It says it had cash of $1.25 billion at the start of the third quarter, a period in which is made an operating loss of $369 million.
Source: Airline Business