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PSA Fights For Survival Amid Losses And Cost Cuts
Pacific Southwest Airlines faces total losses around $1 million monthly with 400 layoffs as it scrambles to stay solvent. The airline plans rate hikes, sells hotel and broadcasting assets, and delays jet deliveries while pondering exit from the hotel business and amid fuel price pressures.
MENTIONED IN THIS ARTICLE
San Diego
Pacific Southwest Airlines
Sengers
PSA
Lockheed
PAC
Andrews
Barkley