-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, O3gPBGZii4WSRdEpcfyw8X+6MM6cm8BjlHeXRpUD7GZ2v38OyovV3eYogPuYQEZm JijYGGksPwKHJLEduLRwVw== 0000910484-97-000122.txt : 19971224 0000910484-97-000122.hdr.sgml : 19971224 ACCESSION NUMBER: 0000910484-97-000122 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19971217 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19971223 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICA WEST AIRLINES INC CENTRAL INDEX KEY: 0000706270 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 860418245 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-12337 FILM NUMBER: 97743655 BUSINESS ADDRESS: STREET 1: 4000 E SKY HARBOR BLVD STREET 2: STE 2100 CITY: PHOENIX STATE: AZ ZIP: 85034 BUSINESS PHONE: 6026930800 MAIL ADDRESS: STREET 1: 4000 EAST SKY HARBOR BLVD STREET 2: STE 2100 CITY: PHOENIX STATE: AZ ZIP: 85034 8-K 1 AMERICA WEST AIRLINES, INC. FORM 8-K ================================================================================ SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ---------------------------- Date of Report (Date of earliest event reported): December 17, 1997 AMERICA WEST AIRLINES, INC. (Exact name of Registrant as specified in its charter) Delaware 1-10140 86-0418245 (State or other jurisdiction (Commission File No.) (I.R.S. Employer of incorporation) Identification No.)
4000 E. Sky Harbor Boulevard Phoenix, Arizona 85034 (Address of principal executive offices) (Zip Code) (602) 693-0800 (Registrant's telephone number, including area code) ================================================================================ ITEM 5. OTHER EVENTS On December 17, 1997, America West Airlines, Inc. ("AWA"), a wholly owned subsidiary of America West Holdings Corporation, completed the negotiation of a $100 million secured revolving credit facility, which was arranged by the Industrial Bank of Japan and syndicated to five additional banks. The press release announcing the agreement is filed as Exhibit 99.1 to this Current Report on Form 8-K, and the contents of such Exhibit are incorporated hereby reference. On December 18, 1997, the flight attendants of AWA, represented by the Association of Flight Attendants, voted against the tentative agreement reached on October 31, 1997, between AWA and the flight attendants' negotiating committee. The press release announcing the vote is filed as Exhibit 99.2 to this Current Report on Form 8-K, and the contents of such Exhibit are incorporated herein by reference. ITEM 7. EXHIBITS Exhibit 99.1 -- Press Release dated December 17, 1997. Exhibit 99.2 -- Press Release dated December 18, 1997. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. AMERICA WEST AIRLINES, INC. By: /s/ W.Douglas Parker ____________________________ W. Douglas Parker Senior Vice President and Chief Financial Officer Date: December 23, 1997 EX-99.1 2 AMERICA WEST AIRLINES, INC. PRESS RELEASE Exhibit 99.1 [LOGO] AMERICA WEST HOLDINGS CORPORATION news RELEASE Contact: Patty Nowack Phoenix, AZ (MST) (602) 693-5729 FOR IMMEDIATE RELEASE: Wednesday, December 17, 1997 AMERICA WEST COMPLETES SECURED REVOLVING CREDIT FACILITY PHOENIX (NYSE:AWA)-America West Holdings Corporation today announced that its subsidiary, America West Airlines, Inc., has completed the negotiations of a $100 million secured revolving credit facility. The facility was arranged by the Industrial Bank of Japan (IBJ) and syndicated to five additional banks. This revolving line of credit has a five-year term comprised of a two-year revolving credit arrangement, with an option to convert outstanding borrowings into a three-year term loan. Loans under the revolving credit facility will accrue interest at either prime or a rate based on LIBOR. The revolving credit facility is secured by certain assets of America West Airlines, Inc., including the Company's maintenance facility in Phoenix, flight simulators and spare engines. "We have had a long relationship with IBJ and appreciate their continued support of our efforts," said William A. Franke, chairman, America West Holdings Corporation. "The new revolving line of credit is another important step in further enhancing the financial strength of the Company and reflects the capital market's confidence in America West." America West Holdings Corporation is an aviation and travel services company with annual sales of more than $1.7 billion. The wholly owned subsidiary, America West Airlines, the nation's ninth largest airline, serves more than 90 destinations in the U.S., Canada and Mexico, offering travelers the same full-service product they have come to expect from other national airlines, but with low fares. America West Airlines ranked number one in customer satisfaction among the nine major U.S. carriers for short-haul flights in this year's Airlines Customer Satisfaction - U.S. Flights Study conducted by Frequent Flyer magazine and J.D. Power and Associates. -AWA- EX-99.2 3 AMERICA WEST AIRLINES, INC. PRESS RELEASE Exhibit 99.2 [LOGO] AMERICA WEST AIRLINES NewsRELEASE PHONE 602-693-5729 - FAX 602-693-5546 - INTERNET http://www.americawest.com AMERICA WEST AIRLINES' FLIGHT ATTENDANTS VOTE AGAINST RECOMMENDED AGREEMENT PHOENIX, Dec. 18 /PRNewswire/ -- America West Airlines (NYSE: AWA) has been informed that its flight attendants, represented by the Association of Flight Attendants (AFA), voted against the tentative agreement reached between the Airline and the flight attendants' negotiating committee. The tentative agreement was reached on Oct. 31, 1997. The negotiating committee, national AFA and AFA Local 66 Master Executive Council, including President and Negotiating committee member Deborah Volpe, had unanimously recommended the agreement for ratification. "We are surprised and disappointed to learn that the tentative agreement reached with the leadership of AFA was not approved by the flight attendants," said Bruce Johnson, senior vice president, human resources. "The Company and AFA's negotiating committee worked hard and in good faith and delivered a contract which met the AFA's goals of significant pay increases, improved benefits, flexible work schedules and clear work rules." Contract negotiations between the Company and the AFA will resume in the new year and will continue throughout the coming months. Under National Mediation Board rules, the parties must continue negotiations until an agreement is reached or the parties are released into a 30-day cooling-off period. Neither party can take any action until after the expiration of the cooling off period. -AWA- -----END PRIVACY-ENHANCED MESSAGE-----