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Archive for July, 2005

My boy is home…

July 26, 2005 curlykidz Leave a comment

Tyler came home not last weekend, but theweekend before. The girls missed him, but it was worse for Daija because she is so little and she got all confused. In her mind, the only daddy is her daddy… so when she would ask Tyler where he was and he said he was at his dad’s house… next thing you know she’s asking Ro ‘Do you have my Tyler?’. So we try to clarify which Daddy Tyler is with… then every time she talked to Ro, she asked him, ‘You my daddy?’ Anyway, it was a fun homecoming. When Tyler left, my sister’s old room at the front of the house had become a catch-all storage dump. When he came home, it was painted and decorated with a galaxy theme, and furnished with a futon we’d been storing, the book case that used to store community toys in the hallway, and his rug, table, NASA posters, and other special momentos. Driving home from the airport (around 3:30AM Saturday morning, no less) I asked if he was really tired and he said ‘only a little bit.’ I told him I’d left his birthday present in the spare room and he could go check it out for a minute before he went to bed.The first thing he noticed was the ceiling walls and the furniture…but then he looked down at the rug from his room, and around at his posters and saw the picture of he and his dad and his Buddha… Oh, you just should have seen his little brain clicking. His eyes were just darting around and then he turns to me and breathes… ‘What is this place? Is this MY new room?’ I’m still touching up trim – I’ll send pictures when I’m finished.

ATSB Approves Proposed AWA/US Airways Merger

July 22, 2005 curlykidz 1 comment

PHOENIX, July 22, 2005 /PRNewswire-FirstCall via COMTEX/ — America West Holdings Corporation (NYSE: AWA) and US Airways Group, Inc. (OTC Bulletin Board: UAIRQ) today announced that they have received approval for their planned merger from the Air Transportation Stabilization Board (ATSB). Both America West Airlines and US Airways hold loans backed by a federal guarantee from the ATSB. The carriers have been in negotiations on the treatment of those loans under their proposed merger. Pending final bankruptcy court and US Airways board approval and upon close of the merger, the two airlines’ outstanding ATSB loan guarantees will be consolidated with payments beginning September 2005 through September 2010. Final terms are still being negotiated.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050223/LAW097LOGO)
America West Chairman and CEO Doug Parker stated, “We are grateful for the Board’s unanimous endorsement of our proposed merger with US Airways. Today’s announcement continues the positive momentum for our planned merger and brings us one step closer to building a stable future for our airlines.”
“We appreciate the ATSB working closely with us to further our efforts to restructure US Airways and preserve jobs while protecting the federal government’s interests. Their action today will enable the new US Airways to become a stronger and more viable airline,” said US Airways President and Chief Executive Officer Bruce R. Lakefield.
In January 2002, America West Airlines, Inc. closed a $429 million loan backed by a $380 million federal loan guarantee provided by the ATSB. The current outstanding balance on this loan is $300 million. US Airways, Inc. received a $900 million loan guarantee under the Air Transportation Safety and System Stabilization Act from the ATSB in connection with a $1 billion term loan financing that was funded on March 31, 2003. The current outstanding balance of that airline’s loan is $708 million.
America West Holdings Corporation is an aviation and travel services company. Wholly owned subsidiary America West Airlines is the nation’s second largest low-fare carrier with 14,000 employees serving approximately 60,000 customers a day in more than 90 destinations in the U.S., Canada, Mexico and Costa Rica.
US Airways is the nation’s seventh-largest airline, serving 181 communities in the U.S., Canada, Europe, the Caribbean and Latin America. US Airways, US Airways Shuttle and the US Airways Express partner carriers operate approximately 3,400 flights per day. (AWAG)

Why allowances don’t work

July 6, 2005 curlykidz Leave a comment

I’ve been thinking about giving the kids an allowance and having them buy
their own toiletries (shampoo, toothpaste) out of it… and saving some for
buying bday/holiday gifts for immediate family, and then the rest they can
use for toys, books, buying lunch at school rather than taking, etc.

http://moneycentral.msn.com/content/CollegeandFamily/Raisekids/P75981.asp

No competing bids proposed for US Airways

July 5, 2005 curlykidz Leave a comment

No other offers were submitted for US Airways before the July 1 deadline, Bloomberg News reported. The airline has agreed to merge with America West Airlines. The deal still needs approval from creditors and a bankruptcy court.

US Airways submits reorganization plan centered on merger

July 1, 2005 curlykidz Leave a comment

US Airways submitted its reorganization plan to a federal bankruptcy court Thursday. Submitting the plan is one of the last steps the airline must take toward emerging from bankruptcy protection. The plan involves the airline’s proposed merger with America West Airlines, which would create a large, low-cost carrier.