finanziaria d'investimento fininvest s.p.a. known as just fininvest s.p.a. is an italian holding company controlled by the berlusconi family and managed by silvio berlusconi 's eldest daughter marina berlusconi .

fininvest

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the internet site urltoken ( the site ) is an online information service provided by fininvest s . p . a . ( fininvest ) .
kojam fininvest ltd . stock price , share price , live bse / nse , kojam fininvest ltd . bids offers . buy / sell kojam fininvest ltd . news & tips , & f & o ; quotes
to head off piling debts , fininvest has unloaded 92 million shares in mediaset .
these may not used on any other site or other media without the prior consent of fininvest or the legitimate owners .
the documentation , images , characters , design and layout of the site are the exclusive proerty of fininvest or used under licence by the company .
parent company cir launched the claim after a ruling that judge vittorio menta had been bribed to rule in favour of fininvest during the takeover of mondadori in 1991 .
mr . silvio berlusconi , chairman of ac milan , has approved the preliminary contract signed by mr . danilo pellegrino , c . e . o . of fininvest , and mr . han li , representative of a group of chinese investors , concerning the purchase of the entire stake owned by fininvest in ac milan equal to 99 . 93 % .
the capital structure page of kojam fininvest ltd . [ merged ] presents the authorized capital , issued capital , and paid - up equity capital of the company over the period .
consolidated revenues of the fininvest group for the year 2016 amounted to 5 , 050 . 8 million euros , up 6 . 6 % compared to 4 , 736 . 3 million in 2015 .
the net financial position of the fininvest group at december 31 , 2016 shows a debt of eur 1 , 279 . 9 million compared with eur 977 . 6 million at 31 december 2015 .
the ruling comes after fininvest was found to have paid the backhanders during a hostile bid to buy a publishing company from the italian prime minister ' s long - standing rival carlo de benedetti .
the civil court in milan ruled fininvest ' s actions had prevented an
impartial judgment in the original trial
and ordered it to pay court costs on top of the £690 million compensation .
fininvest added it does not intend to diminish its role as mediaset ' s main shareholder and would use all means to block what it considered a
very serious deception
of market rules .
then there is banca mediolanum . fininvest holds 30 . 124 % but 20 . 125 % lacks voting rights . this follows opposition from the european central bank to fininvest taking back full control of its stake in mediolanum as established by a ruling of the council of state last spring . the company has already presented an appeal . if the position is confirmed , then a sale would be obligatory .
mediaset , which is already suing vivendi for damages over the pay - tv deal , echoed fininvest ' s comments , adding it had been unaware of vivendi ' s stake building until the statement .
the shareholders ' meeting of fininvest spa held today under the chairmanship of marina berlusconi approved the financial statements of the parent company and examined the consolidated financial statements for the year that ended december 31 , 2016 .
the deal raised $ 431 million ( €377 million ) , reducing the company’s ownership by 7 . 8 percent , according to bloomberg . fininvest remains the largest investor in mediaset , with 33 . 4 percent of shares .
consequently , fininvest declines any responsibility and will not be liable for damages , losses or similar to any third party resulting from contact with the site or following the use of the contents of the site or the software employed .
in a much - needed move to quell piling debts , silvio berlusconi ’s fininvest spa company sold 92 million shares in mediaset on thursday after the stock hit a four - year market high at €4 . 10 per share .
if not expressly foreseen , the contents of the site may not - in whole or in part - be copied , modified , reproduced , transferred , downloaded , published or distributed in any form without the prior written consent of fininvest .
the proceeds of the offering will be used by fininvest among other things to continue to strengthen its financial and capital structure and help possible investments with a view to diversify its equity portfolio ,
the company said in a statement .
mr berlusconi ' s daughter marina , who is president of fininvest , called the decision
disconcerting
and pointed out it was
in favour of de benedetti ' s group who has been leading an attack on the prime minister .
because of his dealings with fininvest , mills was investigated for money - laundering and alleged tax fraud and in 2006 was charged , as well as berlusconi , on corruption charges . mills was accused of receiving $ 600 , 000 from berlusconi in return for not revealing details of fininvest . [ 2 ] he was sentenced to 4 and half years , however after appealing twice , the charges against mills were dropped as they had expired due to to a 10 - year statute of limitations . [ 3 ]
ac milan is for sale , which is on its way to completion . based on the preliminary contract signed with the chinese consortium , in march €320 million will be heading towards fininvest ' s coffers , adding to the €200 million they have already received .
berlusconi ' s investment holding fininvest , which controls mediaset via a 34 . 7 percent stake , lashed out at vivendi , accusing it of trying to depress the company ' s share price to then launch a
hostile takeover
at a discounted price .
in connection with the transaction , the chinese investors have been assisted by rothschild & co . as financial advisor and gianni , origoni , grippo , cappelli & partners as legal advisor , whereas fininvest has been assisted by lazard and bnp paribas as financial advisor and chiomenti as legal advisor .
fininvest does not accept any responsibility for material created or published by third parties with which the site has hypertext links . users who choose to visit an internet site linked to the site do so at their own risk and must take appropriate measures to protect themselves from viruses or other similar phenomena .
and finally there is mediaset . here bolloré ' s swoop on the company ' s capital opens up multiple scenarios , including a sale . but it is difficult to imagine a mediaset in which fininvest manages such a cumbersome vivendi presence . the impression is that dialogue may soon open up between the two groups .
if this translates into a reduction of fininvest ' s position in the capital of a more european mediaset is difficult to say . if this happens it would suggest more of a financial succession in the berlusconi family , which would become less “company - entrepreneurial” and more of a “stakeholder” family , with an increasingly wealthy holding .
his wealth derives from his ownership of the financial conglomerate fininvest , including mediaset , which owns several major television channels and newspapers ( according to freedom house , italy has constantly been
partly free
in regard to freedom of press while berlusconi was in charge [ 2 ] ) , but he started as a building contractor .
as soon as the new closing date is chosen , sino - europe sports will pay a third €100 million deposit to fininvest as a guarantee . this payment is expected to arrive tomorrow ( in midweek at the latest ) . after that the new contract for the sale of the club will be signed and validified by both parties .
forbes estimates that berlusconi’s family fortune has decreased by more than half from 2000 , when it peaked at $ 12 . 8 billion . fininvest posted a net loss of €428 . 4 million in 2013 . the company continues to maintain shares in bank mediolanum , publishing company mandadori , and controls soccer team a . c . milan , among other holdings .
the statutory net result of the parent company fininvest s . p . a . for the 2016 financial year showed a profit of eur 3 . 6 million ( compared with profit of 221 . 4 million in the 2015 financial year , benefiting from a capital gain of eur 272 million realized by the sale of 7 . 8 % of mediaset’s share capital ) .
the investors operate through the management company sino - europe sports investment management changxing co . ltd . it consists , among others of , haixia capital ( that is a state development & investment corporation ) , and yonghong li , chairman of the management company and main sponsor of the investor group and with whom fininvest has been negotiating for some time until today’s signing ( “signing” ) .
the mogul’s business empire has been under severe pressure in the past few years . the all - important television advertising revenues have crashed due to the long and brutal recession , while his fininvest holding company was made to pay a crushing €494million fine to berlusconi’s arch rival , carlo de benedetti , for the illegal means with which it won a takeover battle for the mondadori publisher in 1992 .
october 2009 – fininvest , berlusconi’s holding company , is ordered to pay €750 million to italian energy and media company cir after a judge finds berlusconi’s former lawyer cesare previti bribed a judge during the 1991 court battle for control of mondadori . the settlement was for lost revenue on the part of cir , which lost . in 2011 , the amount of compensation was reduced to €560 million by an appeals court in milan .
legal form : public company business year : 01 / 01 – 12 / 31 founded : in 1978 , telemilano – the nucleus of today ' s tv company – went on air . in 1995 , mediaset was founded , under the roof of which the television and advertising activities of silvio berlusconi ' s ( fininvest ) company empires are subsumed . in 1996 , media set became a public company at the milan stock exchange .
the defence of mediaset is the priority now . this emerged clearly on tuesday evening with the first , quick meeting between silvio , marina and piersilvio berlusconi . during the summit , which was also attended by the chief executive of fininvest danilo pellegrino , they acknowledged the decision to increase their stake in the television group , a choice made in the morning after a round of telephone calls that involved all of berlusconi ' s children .
after amassing a fortune from his property portfolio in the 1970s , he diversified his interests by setting up a tv cable company , telemilano , and buying two other cable channels in an effort to break the national tv monopoly in italy . in 1978 , these channels were incorporated into his newly formed fininvest group , which included department stores , insurance companies and even ac milan - - one of the world ' s biggest football clubs .
fininvest , with almost €5 billion in revenues and more than 20 , 000 employees , is one of the biggest italian business groups . the holding controls mediaset , mondadori , mediolanum , ac milan and other financial investments . then there are also the real estate assets , in the large part managed by dolcedrago , which is the exclusive property of berlusconi himself . nevertheless , recent events put the rich portfolio of shareholdings at risk , which concerns all the companies , except for mondadori .
kojam fininvest is in the finance - investments sector . the company management includes ajay g piramal - chairman / chair person , gautam b doshi - director , shitin desai - director , n l bhatia - director , n santhanam - director , vijay shah - managing director . it is listed on the bse with a bse code of 532536 and the nse with an nse code of kojamfin . its registered office is at gajera road , uchhad village , , jambusar dist . , bharuch , gujarat - 392150 .
in view of the negotiations for the sale of the subsidiary a . c . milan underway as at 31 december 2016 , which was completed after the year end , within the consolidation of the fininvest group , in accordance with ifrs 5 ( “non - current assets held for sale” ) , the business of the milan group was classified as a discontinued operation and has been shown as such in this report . this made it necessary to restate the comparative figures for the previous years , which , to make the presentation of the group more significant , excluded a . c . milan from the line - by - line consolidation , in the so - called pro forma financial statements .
between the company fin . prog . italia s . a . p . a . di ennio doris & c . and fininvest s . p . a . , there exists a voting syndicate representing at least 51 % of the share capital of mediolanum s . p . a . , which shares were contributed on a 50 / 50 basis . the shareholders ' agreement was renewed september 14 , 2013 and shall remain in force for three years . number of outstanding shares : 738 , 786 , 857 essential information according to article 130 of the regulations for issuers 01 / 10 / 2014 extracts of agreements ( italian version ) 09 / 19 / 2013 extracts of agreements ( italian version ) 07 / 03 / 2013 extracts of agreements ( italian version ) 9 / 14 / 2010 extracts of agreements ( italian version )
revenues the consolidated revenues of the fininvest group for the year 2016 amounted to eur 5 , 050 . 8 million , up 6 . 6 % on eur 4 , 736 . 3 million for 2015 . on a like - for - like basis , namely not including the contribution of the revenues resulting from the consolidation of the rizzoli libri area and the radio broadcasting operations of the former finelco , the growth was + 1 . 8 % . the mediaset group reported revenues of eur 3 , 667 . 0 million , up 4 . 0 % on the eur 3 , 524 . 8 million for the previous year . revenues of the mondadori group amounted to eur 1 , 280 . 2 million , up by 11 . 8 % on the eur 1 , 145 . 4 million in 2015 ( fall of 3 % on a like - for - like basis ) .
net profit / ( loss ) from continuing operations the net profit / ( loss ) from continuing operations was a loss of eur 123 . 8 million compared to a profit of eur 208 . 5 million for the previous year . the net profit / ( loss ) also included – in addition to the non - recurring expenses noted in relation to the ebit – extraordinary finance expenses , amounting to eur 41 . 7 million , relating to the entry into hedge agreements and the early termination of credit lines connected to the agreement with vivendi . profit / ( loss ) from equity investments shows a profit of eur 129 . 9 million , compared to a profit of eur 159 . 5 million for 2015 and mainly includes fininvest’s share of the net profit of the mediolanum group , amounting to eur 119 . 1 million ( eur 131 . 8 million as at 31 december 2015 ) . excluding the total amount of the non - recurring expenses , net of the related tax effects , the net profit / ( loss ) from continuing operations was a positive amount of eur 162 . 0 million .
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( * ) mainly includes the losses from the a . c . milan operations
ebit ebit was a negative eur 188 . 7 million , compared to a positive amount of eur 225 . 6 million in 2015 . the year 2016 was heavily penalised by the significant impacts largely resulting from the expenses from the impairment write - downs and provisions carried out by mediaset and made necessary due to the contractual default by vivendi , with the consequent progressive deterioration of the main performance indicators in the pay tv area , due to the impact on business operations during the interim management period , in addition to other non - recurring costs . the impact on the ebit of these types of costs , write - downs and provisions amounted to a total of eur 336 . 4 million ; excluding these expenses , ebit was a positive amount of eur 147 . 7 million , compared to a positive ebit for 2015 of eur 248 . 0 million , again without the impact of non - recurring expenses .
group net profit / ( loss ) the group net profit / ( loss ) was a loss of eur 120 . 2 million , compared to an essentially breakeven figure for the 2015 and included the net profit / ( loss ) from discontinued operations amounting to a cost of eur 95 . 0 million ( eur - 93 . 9 million for 2015 ) , mainly consisting of the net profit / ( loss ) of the a . c . milan operations , in addition to extraordinary expenses relating to the sale . the profit / ( loss ) attributable to non - controlling interests was a profit of eur 98 . 6 million ( eur 114 . 7 million in 2015 ) . excluding all the non - recurring costs and expenses , as well as the net profit / ( loss ) of milan group for the second half of 2016 , essentially recognised ( upon the final sale of a . c . milan which took place in early 2017 ) as the component of the sale price by the purchaser , the net profit / ( loss ) for the year 2016 was a positive amount of eur 46 . 9 million .
net financial position the consolidated net financial position was a debt of eur 1 , 279 . 9 million , compared to a debt of eur 977 . 6 million as at 31 december 2015 .
financial deficit in 2016 there was therefore a financial deficit of eur 302 . 3 million , compared to a financial surplus of eur 324 . 9 million in 2015 . in 2016 the mediaset group had a financial deficit of eur 303 . 0 million and the mondadori group had a deficit of eur 64 . 2 million . the group parent reported a financial deficit of eur 140 . 8 million , which included the purchase of around 4 . 8 % of the mediaset shares for eur 212 . 9 million offset by the receipt of the down payments for the sale of a . c . milan of eur 200 . 0 million ( eur 125 . 0 million net of capital contributions made ) . the deconsolidation of a . c . milan’s debt ( following the reclassification of that company to assets / liabilities held for sale ) generated a financial surplus of eur 188 . 5 million .
investments investments for 2016 amounted to eur 1 , 053 . 8 million ( eur 1 , 012 . 7 million as at 31 december 2015 ) and consisted of eur 640 . 7 million for television and movie broadcasting rights ( eur 655 . 9 million in 2015 ) , eur 36 . 1 million of investments in intangible fixed assets ( eur 139 . 9 million in 2015 ) , eur 64 . 0 million of investments in tangible fixed assets ( eur 99 . 2 million as at 31 december 2015 ) and eur 312 . 9 million equity investments , financial assets and business combinations , including rizzoli , banzai and the radio stations for the former finelco ( eur 117 . 6 million in 2015 ) . for more details , refer to the sections on the individual business segments .
workforce the workforce as at 31 december 2016 ( including the agents in the sales networks and the workforce of the a . c . milan area , a discontinued operation ) totalled 17 , 415 , up 301 compared to 31 december 2015 . the consolidation of the operations acquired ( rizzoli libri , banzai media and the radio stations of the former finelco ) resulted in an increase of over 400 people at the end of 2016 .
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mediaset spa gruppo mediaset società per azioni registered office i - 20121 milano via paleocapa 3 share capital € 614 . 238 . 333 entered in the milan companies register , fiscal code and vat number 09032310154
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while debt continues to rise for mediaset , profits are nowhere in sight . mediobanca estimates revenues have fallen 12 percent in the last five years . italy continues to face the longest recession since wwii , and ad sales have been particularly hard - hit for mediaset .
the company paid €700 million for broadcasting rights to the uefa champions league for 2015 - 18 in an effort to lure customers to its new pay tv channel , mediaset premium . but it has yet to rival the more popular premium content offering sky italia .
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silvio berlusconi ' s economic , media and political power is unmatched . since 1994 , the richest man in italy did not hesitate once to use his superior means on the tv market to further gain power on a political level . as head of the executive force in the nation , berlusconi resides over the laws and conditions of the television business . by means of a broad majority in parliament , he directly controls the only competitor ( as of recently ) , the public broadcaster rai .
furthermore , he remains the majority shareholder of a highly profitable tv empire . the mono culture not only damages and endangers the democracy but also leads to a constant decline of the italian program quality , which submerges the audience with a mixture of shallow shows , lotteries , violent films , reality shows , repeats , hollywood productions and animation .
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yesterday mediaset controlling shareholder silvio berlusconi clarified a delicate point : there is no internal rift within his family . not an insignificant issue , because the contest with vincent bolloré for the control of mediaset comes at a key moment for the former italian prime minister ' s empire .
“there is complete unity in my family on one precise point : we have no intention of letting someone try to diminish our role as business leaders . for this reason we have increased our stake and we will continue to do so within the limits of the law , ” the family said .
the issue of succession has been on the table for a while , and now like never before it appears that events risk accelerating choices that up to a few months ago were just theoretical considerations . will the berlusconi family succession be industrial or financial ? in future , will his five children , marina , piersilvio , barbara , eleonora and luigi divide his companies or his assets ?
his statement yesterday and the use of the term “business leaders” was by no means random .
in 2014 revenues up to €2 . 355 bn with a profit of around €58 mn , employees up to 11 , 929
alongside haixia capital and yonghong li , other investors will acquire shares of ac milan , some of which are state - controlled entities . among those investors are companies active in the financial industry and others in industrial sectors . the binding contract between the parties will be completed by the end of 2016 ( “closing” ) , subject to the obtaining of applicable authorizations from the italian and chinese authorities .
the agreement values ac milan at €740 million with an estimated indebtedness of approx . €220 million . the agreement requires the acquirers to undertake significant capital increases and liquidity injections aimed at strengthening ac milan’s financial structure , for a total amount of €350 million over a three - year period ( €100 million is to be paid - in at the “closing” ) .
< p > the partnership with china next generation education foundation was launched in sanya . attending the event president li yonghong , franco baresi & nbsp ; and daniele massaro < / p >
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consolidated revenues : eur 5 , 050 . 8 million ( + 6 . 6 % )
ebitda is equal to eur 1 , 217 . 5 million , compared to eur 1 , 402 . 9 million in the previous year .
group operating profit was positive by eur 147 . 7 million , net of non - recurring charges . this is mainly due to writedowns and allocation provisions following the impairment processes in mediaset , which were due to the progressive decline in pay - tv area performance and worsened by the impact on business operations caused by vivendi’s failure to honor its contractual agreement . the impact of non - recurring items totaled eur 336 . 4 million , representing a total loss of eur 188 . 7 million ( + 225 . 6 million in 2015 ) .
the net result excluding all non - recurring costs and milan a . c . ’s losses in the second half of 2016 ( an amount substantially recognized by the purchaser at the time of sale as a component of the price ) was positive for eur 46 . 9 million .
considering the impacts of non - recurring items and the eur 95 million charge connected to the full year results of milan a . c . ( whose sale in 2017 will show a consolidated gain of approximately eur 600 million ) , the group’s net result recorded a loss of eur 120 . 2 million ( in the face of what was essentially a breakeven in 2015 ) .
group investments total eur 1 , 053 . 8 million ( 1 , 012 . 7 million in 2015 ) and include investments of eur 312 . 9 million in shareholding , financial instruments and business networking agreements including rizzoli libri , banzai media and ex - finelco radio activities .
total net consolidated total shareholders ' equity at 31 december 2016 amounted to eur 4 , 268 . 7 million .
* group milan business was classified as
discontinued operations” as per ifrs5 definitions .
real estate debt restructuring pursuant to art . 67 lf ( italian bankruptcy law )
hydro - thermo sanitary debt restructuring pursuant to art . 182 bis lf ( italian bankruptcy law )
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the disgraced tycoon and former prime minister silvio berlusconi is planning a colossal assets sale to finance his return to a position of power and influence , insiders say .
even ac milan , one of the jewels in the crown of the mogul’s business empire , is up for grabs with news that thai millionaire bee taechaubol had met berlusconi in his arcore villa , the scene of the notorious bunga bunga parties , to offer €500million for a 51 per cent stake in the football club . chinese investors are also circling .
at the same time a large chunk of the tycoon’s mediaset television empire appears to be on the market too , after it emerged that berlusconi had met fellow media baron rupert murdoch to discuss what the berlusconi family have called “investment” in the business .
berlusconi’s son , the mediaset vice president pier silvio berlusconi , said the family’s continuing control of the company was not in question . but berlusconi junior said mediaset might consider investments from other firms . he also confirmed the meetings between his father and mr murdoch .
by selling off parts of ac milan , mediaset plus stakes in his finance and publishing businesses , 78 - year - old berlusconi , who last month completed a year - long community service sentence for tax fraud , could generate a €5billion in liquid funds , according to reports in the italian press .
one source close to the berlusconi camp told the independent , however , that the three - time former prime minister was not selling up , but was planning a financial and political counter - attack after years of failing fortunes and legal battles .
“with all this liquidity he hopes to return to the position of king maker , ” he said . “this is not about cashing in his chips . he’s not selling up to give his money over to his children and settle down . he is re - organising , restructuring , and with this huge amount of cash he hopes to become the centre of power again . ”
the source said that berlusconi was also looking to by a stake in the corriere della sera newspaper – something the mogul had tried but failed to do in the past .
as a result of his definitive criminal conviction berlusconi cannot stand for parliament until 2019 by which time he will be 82 . but a sizeable stake in corriere , italy’s centrist newspaper of record , would certainly boost his power and influence .
the mogul has also talked about launching a new centre - right party to replace his crumbling forza italia . and having so much cash at his disposal would allow him to influence other centre - right parties , observers say .
roberto d’alimonte , a political pundit at rome’s luiss university , predicted that berlusconi would use his financial muscle to maintain his political power , influence election campaigns – and protect his long - term business interests .
“berlusconi is never going to be on the political front line again . but he will absolutely act by reorganising his assets to maintain his behind - the - scenes power , ” he said . “and this way he can help protect his remaining business interests and protect himself from legal threats . this is all it’s ever been about for berlusconi . ”
‘being berlusconi : the rise and fall , from cosa nostra to bunga bunga’ , by michael day will be published by palgrave macmillan in july .
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allied officers command & staff college visited quetta institute of medical sciences on 24 nov 2017 .
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silvio berlusconi ' s media empire has been ordered to pay £690 million compensation to a business rival after being convicted of bribing a judge during a takeover .
the ruling is particularly galling for the italian prime minister as mr de benedetti also owns the left - leaning newspaper , la repubblica , which has lead coverage of the escort girl sex scandal involving mr berlusconi .
the bribery claim is the latest in a series of controversies to hit the 73 - year - old media tycoon in the past few months . call girl patrizia d ' addario , 42 , has described how she was paid £900 after spending the night with him and tapes of their explicit
pillow talk
.
in april , it also emerged that berlusconi had attended the 18th birthday party of model noemi letizia , giving her a £5 , 500 gold and diamond necklace , prompting his long suffering wife veronica lario to file for divorce .
berlusconi escaped prosecution personally because a statute of limitations had passed and he was acquitted .
the ruling does not affect berlusconi ' s control of mondadori which publishes several glossy weekly magazines and is part of his media empire which also includes three tv stations and a family controlled newspaper .
in a statement de benedetti ' s group cir said :
we satisfied with this ruling which brings justice to the company and its shareholders .
after the original criminal sentence the court said that serious damage had been caused to the cir group in terms of fundamental operational values .
mr de benedetti added :
the sentence does not compensate me for not being able to realise an industrial project that would have helped create the first italian publishing house but it does confirm that illegal behaviour was used to impede me .
finally , twenty years after this fraud which was carried out to stop me having legitimate control over mondadori and after the decision of the criminal court , the civil court has also given us justice .
criminal allegations have dogged mr berlusconi for years and he has been accused of embezzlement , tax fraud and false accounting in the past .
in some cases he has been cleared while in others he has been convicted but had the verdict overturned on appeal .
berlusconi faces a court challenge to the controversial immunity law he passed last year which makes it impossible for him and senior government figures to stand trial while in office .
but the constitutional court , which will deliberate on whether the law is unconstitutional , has already been hit by smears after it emerged one of its judges was entertained by mr berlusconi in june .
one of the trials involving berlusconi and which been affected is a corruption case involving david mills , the estranged husband of olympics minister tessa jowell .
earlier this year he was found guilty of accepting a £220 , 000 bribe from berlusconi for giving favourable evidence towards him in previous trials .
chat with us in facebook messenger . find out what ' s happening in the world as it unfolds .
former italian prime minister and media tycoon silvio berlusconi has emerged as an unlikely kingmaker in italy ' s general elections in march 2018 . affectionately known as
il cavaliere
( the knight ) , berlusconi was expelled from the italian parliament in 2013 and is currently barred from public office after convictions for bribery and tax fraud . he ' s pictured here in 2009 .
berlusconi shares a moment with president george w . bush during an arrival ceremony on the white house south lawn in october 2008 .
libya ' s moammar gadhafi attends a meeting with berlusconi in rome in june 2009 . the libyan leader was killed in 2011 after being captured by rebel forces in his hometown .
president barack obama and first lady michelle obama welcome berlusconi to a g20 dinner in pittsburgh in september 2009 .
berlusconi waves to journalists as he leaves a milan hospital in december 2009 after suffering severe facial wounds in an attack at a rally .
russia ' s vladimir putin joins berlusconi for a press conference in lesmo , italy , in april 2010 .
berlusconi reacts during the presentation of antonio razzi ' s book
my clean hands
at the italian parliament in february 2012 .
berlusconi arrives at the german chancellery in berlin to meet with chancellor angela merkel in january 2011 .
berlusconi passes by carabinieri guards before a meeting with russia ' s president at villa madama in february 2011 .
berlusconi , then owner of the italian soccer club ac milan , celebrates with the players after the team won the luigi berlusconi trophy in august 2011 . the trophy is in honor of berlusconi ' s father .
berlusconi , right , at the dedication ceremony at the george w . bush presidential library and museum in dallas in april 2013 .
berlusconi in the italian senate in october 2013 , a month before he was expelled from parliament after his conviction for tax fraud .
the political deal - maker , now 81 , attends a la7 tv program in rome in february 2018 . italy will hold general elections on march 4 , and berlusconi , as leader of the forza italia party , has brokered a right - wing alliance with the neo - fascist brothers of italy party and the anti - immigrant northern league .
in further proof that seemingly nothing can bring silvio berlusconi down - - not even a potential jail sentence - - italy ' s most colorful public figure is back in contention to lead his country for a fourth time .
another spell in italy ' s highest office would be just the latest chapter in the life of the charming , billionaire three - time former prime minister .
in october berlusconi was sentenced to four years in prison for tax evasion , but has since appealed the verdict .
until recently , berlusconi appeared to be leading a charmed life . his vast business empire spanned media , construction and football , making him the 118th - richest person in the world , according to forbes , with a net worth of $ 6 . 2 billion , and he was italy ' s longest - serving post - war prime minister before quitting in 2011 .
but last year he became embroiled in charges that he had paid for sex with a 17 - year - old girl ; his coalition government became ever more fragile ; and berlusconi resigned his premiership as europe ' s financial crisis threatened to embroil italy .
despite the many scandals that have dogged berlusconi since he entered politics nearly two decades ago , the 76 - year - old is indisputably one of life ' s survivors . in parliament , opponents tabled 51 confidence votes in him in the past three years alone , but italians have thrice elected him as prime minister .
pier luigi bersani , leader of italy ' s democratic party , said he would keep outgoing premier mario monti ' s austerity reforms , but says stimulus is needed to boost the country ' s flagging economy .
three - time former prime minister and media billionaire silvio berlusconi quit in disgrace in 2011 , and is now on trial for allegedly paying for sex with an underage girl . he has pledged to refund an unpopular property tax with his own money .
the surprise of the campaign has been ex - comedian beppe grillo , head of the populist anti - establishment five star movement , which has won support among those critical of mario monti ' s austerity policies .
the harsh budget cuts and austerity policies of current prime minister mario monti ( l ) , shown with the outgoing pope benedict xvi , won him plaudits from european leaders , but were unpopular in italy .
in this election berlusconi is appealing to tax - burdened italians ' desire for some relief . he has promised not only to abolish the hugely unpopular property tax on primary residences , known as the imu , he is also promising to pay back the property taxes people have already paid .
berlusconi is also vowing to cut corporate taxes and income taxes and spend the economy out of the recession .
however his promises have met with considerable skepticism . prominent journalist gad lerner has long been critical of the former prime minister .
berlusconi has transformed italian politics into a big show and he is always looking for a spectacular center for his propaganda .
businessman gianvencenzo coppi traveled to rome to hear center - left rival , democratic party leader pier luigi bersani , talk about his commitment to the private sector , but he told cnn he hadn ' t made up his mind whom he would vote for , but it was unlikely to be berlusconi .
he ' s making promises in my opinion he cannot maintain ,
said coppi .
he ' s promising to cut taxes , the imu . . . and no one knows in which way he can do it .
born in milan in 1936 , berlusconi gave notice early on of his showman side by working as a lounge room crooner aboard a cruise ship to help fund his university tuition - - he studied law .
various low - level commercial enterprises followed before the fledgling entrepreneur enjoyed his first real success in property development in the late 1960s when he was involved in a project to build milano two - - nearly 4 , 000 flats - - outside milan .
berlusconi turned his attention to politics in 1993 when he formed the center - right forza italia party and the following year , in a snap election , he won the post of prime minister . however , a dispute with his right - wing coalition partners from the northern league party , as well as an indictment for alleged tax fraud , ended berlusconi ' s tenure in the job after barely seven months . he was acquitted on appeal in 2000 after the statute of limitations had expired .
after defeat in the 1996 election to his political nemesis , romano prodi , he became embroiled in other financial scandals , including a charge of bribing tax inspectors . he denied any wrongdoing and was cleared again on appeal in 2000 .
his fortunes turned again in 2001 when he was sworn in as prime minister for a second time . but prodi - - a former european commission president - - ended berlusconi ' s more successful reign with his center - left union coalition victory in 2006 . at that time , the tycoon had presided over the longest - serving post - war italian government .
despite having a pacemaker implanted to regulate his heartbeat after he collapsed during a political rally , he refused to slow down . sporting a hair transplant , cosmetic surgery and a tan , berlusconi returned to power for a third time in 2008 under the banner of the newly created people of freedom party .
the next year proved to be one of extremes for the veteran politician . he was praised for his handling of the devastating earthquake that struck the italian town of l ' aquila in april 2009 , and survived criticism after urging survivors to see their plight like
a weekend of camping .
but the following month , berlusconi ' s second wife , veronica lario , filed for divorce - - alleging berlusconi had an inappropriate relationship with an 18 - year - old aspiring model whose birthday party he had attended . berlusconi said she was the daughter of a friend and that he had done nothing wrong .
in december that year , a man with a history of mental illness hit berlusconi in the face with a replica of milan ' s cathedral at a campaign rally , breaking several of his teeth and fracturing his nose . defense minister ignazio la russa told the italian newspaper corriere della sera that the irrepressible berlusconi continued to shake hands with supporters for
a couple of minutes
after being hit .
with the country ' s economy reeling amid the financial crisis , pressure on berlusconi grew . gianfranco fini - - a former party ally - - lashed out , accusing him of a lack of attention to the economy and structural reforms that italy needs . the prime minister survived three votes of confidence in parliament during 2010 and 2011 , winning one by just three votes , but his authority continued to ebb .
economists said berlusconi commanded neither sufficient political authority to push through spending cuts nor the moral high ground to squeeze more taxes out of italians while he faced trial on various charges . other european leaders criticized him for failing to implement economic reform with sufficient urgency .
meanwhile , berlusconi faced a serious personal challenge with charges of sex with an underage nightclub dancer and abuse of power .
berlusconi had sex 13 times with underage dancer karima el mahroug , nicknamed
ruby the heart - stealer ,
say prosecutors who allege the prime minister abused his position when he intervened in may 2010 to get her released from the jail where she was being held on charges of theft . el mahroug has said she never had sex with berlusconi and that she lied to him about her age , telling him she was 24 .
in september 2011 , prosecutors submitted transcripts of approximately 100 , 000 pages of wiretaps - - from 2008 and 2009 - - to a court in bari . the prosecutors have accused eight people of paying young women to attend so - called
bunga bunga
parties at berlusconi ' s home .
berlusconi denied the charges and accused prosecutors of conspiring against him in a left - wing plot .
communism never changes in italy . there are still people who use the penal code as a weapon in their ideological battles ,
he said earlier this year .
but , according to the transcripts of the calls , berlusconi made several controversial remarks , vowing at one point to leave italy , which he described as a
s * * * * y country
that
sickened
him . when confronted with these remarks , berlusconi laughed off this and other gaffes .
© 2018 cable news network . turner broadcasting system , inc . all rights reserved . cnn sans ™ & © 2016 cable news network .
on monday , with italy ' s economic stability still uncertain , berlusconi , 75 , denied rumours that he was preparing to resign , which immediately reversed the brief recovery in stock and government bond markets . with yet another confidence vote likely to come in the next two weeks , the post takes a look back at berlusconi ' s long and embattled career as media magnate and politician .
silvio berlusconi has been elected prime minister of italy three times in the last 20 years , and although he also lost two elections to his left - wing rival romano prodi , the billionaire businessman has managed to lead the longest - running post - second world war government in italian history ( from 2001 - 2006 ) and , in the last three years , survive 51 votes of confidence . despite his winning record , though , berlusconi is never far from controversy .


us airways ( formerly known as usair ) was a major american airline that ceased to operate independently when the federal aviation administration granted a single operating certificate ( soc ) for us airways and american airlines on april 8 , 2015 .

publicly , the two carriers appeared to merge when their reservations systems and booking processes were merged on october 17 , 2015 ; however , other systems were still separate at that time .

the airline had an extensive international and domestic network , with 193 destinations in 24 countries in north america , south america , europe and the middle east .

the airline was a member of the star alliance , before becoming an affiliate member of oneworld in march 2014 .

us airways utilized a fleet of 343 mainline jet aircraft , as well as 278 regional jet and turbo-prop aircraft operated by contract and subsidiary airlines under the name us airways express via code sharing agreements .

the carrier operated the us airways shuttle , a us airways brand which provided hourly service between boston , new york city and washington , d.c .

as of october 2013 , us airways employed 32,312 people worldwide and operated 3,028 daily flights ( 1,241 us airways mainline , 1,790 us airways express ) roughly 60 % of us airways flights were operated by us airways express .

in 1979 , after passage of the airline deregulation act , allegheny airlines changed its name to usair and began seeking to expand its operations .

a decade later , it had acquired piedmont airlines and pacific southwest airlines , and was one of the u.s. 's seven remaining transcontinental legacy carriers .

in 2005 , america west airlines carried out a reverse merger , acquiring the assets and branding of the larger us airways while putting the america west leadership team largely in charge of the merged airline .

in february 2013 , american airlines and us airways announced plans to merge , creating the largest airline in the world .

the holding companies of american and us airways merged effective december 9 , 2013 .

in preparation for their eventual integration , the airlines began offering reciprocal frequent flyer benefits on january 7 , 2014 , and us airways left star alliance to join oneworld on march 31 , 2014 .

the combined airline carries the american airlines name and branding and will maintain the existing us airways hubs in charlotte , philadelphia , phoenix , washington , dc for a period of at least five years under the terms of a settlement with the department of justice and several state attorneys general .

us airways management runs the combined airline from the american headquarters in fort worth , texas .

on april 8 , 2015 , the faa officially granted a single operating certificate for both carriers , marking the end of us airways as an independent carrier .

the brand continued to exist until october .

on july 13 , 2015 , american announced that it planned to discontinue the us airways brand name on october 17 , 2015 .

on that date , us airways made the final flight for the airline from san francisco to philadelphia with stops at phoenix and charlotte , operating as flight 1939 — with 1939 commemorating the birth of all american aviation , which evolved over the decades to become us airways .

however , repainting of us airways ' planes into the american airlines scheme was expected to take until " late 2016 " , with new flight attendant uniforms also being introduced in 2016 , at which point the us airways brand was to no longer be displayed on any of its former planes , employees or assets .

us airways

us airways - alliances and frequent flyer program : us airways joined star alliance alliance . us airways frequent flyer program is dividend miles .
us airways is a us airline based in tempe , arizona and is star alliance member . at usingmiles , we want to provide you with information on the useful features of the us airways website . the us airways website offers information on us airways flights , us airways reservations , us airways baggage policy , us airways flight status , and us airways dividend miles , its frequent program .
2003 : us airways emerges from bankruptcy . midway airlines joins the us airways express network .
us airways and america west jets in phoenix on may 19 , 2005 . america west acquired us airways that year but took us airways more - recognizable name .
1998 : us airways buys shuttle inc . , which has flown under the us airways name since 1992 .
yes . aadvantage members will earn elite qualifying miles , points , segments and elite bonuses for eligible us airways , us airways express and us airways shuttle flights .
us airways , inc . 2008 - 2 - 35 | us department of transportation
us airways , inc . 2010 - 3 - 5 | us department of transportation
2 . earn 1 hit for every credit or debit card use per card type . you can earn this bonus once for each unique card partner : us airways mastercard , us airways business card , us airways visa , us airways visa business card and us airways debit card .
us airways , owned by us airways group , inc . is the sixth largest airline in the united states .
us airways , owned by us airways group , inc . is the sixth largest airline in the united states - usair
finally , a new us airways guide . ' us airways ' is a chief u . s . carrier possessed by the american airlines group . it runs an encompassing global and home net - work , with 193 goals in 24 nations in north america , south america , europe , and the middle east . there has never been a us airways guide like this . it contains 76 answers , much more than you can imagine ; comprehensive answers and extensive details and references , with insights that have never before been offered in print . get the information you need - - fast ! this all - embracing guide offers a thorough view of key knowledge and detailed insight . this guide introduces what you want to know about us airways . a quick look inside of some of the subjects covered : trans states airlines - as us airways express , us airways - livery , us airways - the envoy lounge , laguardia airport - delta - us airways slot swap , us airways - codeshare agreements , american airlines - us airways merger - american eagle , us airways flight 1549 , skywest airlines - us airways , us airways - 1970s : deregulation and rebranding , us airways - post - 2005 merger , us airways flight 1549 - real time video and first person accounts , us airways - 2008 , admirals club - merger with us airways , us airways flight 1549 - aftermath , allegheny airlines - usair and us airways , us airways - fleet , us airways - 2000 - 2004 : september 11 and financial woes , cyprus airways - catering , us airways - early years , america west holdings - merger with us airways group , us airways - flightfund , american airlines - us airways merger , us airways - headquarters , us airways - dividend miles preferred , charlotte / douglas international airport - 1990 to 2004 : the influence of us airways , us airways - special dividends and million milers , us airways - 1980s : mergers and expansion , linus airways , cyprus airways - livery , us airways - destinations , us airways flight 1549 - injuries , us airways - slogans , us airways - 2012 , and much more . . . show more
. us airways merged with america west holdings in 2005 , with the latter assuming the us airways name on its flights and equipment . in early 2013 us airways agreed to merge with
us airways flight attendant malva mcsween was among the crew working us airways last - ever flight on oct . 16 , 2015 .
a us airways express dash 8 is already ahead of us in the pattern as we descend .
2005 : phoenix - based america west holdings buys us airways group , but the us airways brand survives and america west ceo doug parker runs the combined airline . us airways group emerges from bankruptcy .
us airways president and ceo bruce lakefield said the merger will ensure us airways’ long - term viability and the security of its employees .
travelers still will book us airways flights on us airways ' website and american flights on american ' s website . us airways travelers will check in at us airways ticket counters , american passengers at american ' s ticket counters , even if they are in different terminals .
but one former leader of the us airways chapter of the air line pilots association says us airways pilots never insisted on date of hire .
the airline operates the us airways shuttle , a us airways brand which provides hourly service between key northeastern markets . regional airline service is branded as us airways express , operated by contract and subsidiary airline companies .
us airways has long been a proponent for consolidation in our industry ,
us airways chief executive doug parker said in a statement .
. this means you need to bank your hotel stay to us airways ( or at least double dip to us airways with hilton ) .
american has a more aggressive timeline for painting us airways planes . the final us airways plane will be painted in american colors by summer 2016 .
now , if you’re feeling nostalgic for us airways , you can still see that livery on the us airways heritage livery aircraft ( n578uw ) .
whether you are taking a flight on us airways or picking someone up who flew us airways , it is important to check the us airways flight status . this useful feature on the us airways website can prepare you to either arrive early or late to the airport . on the us airways flight status page you can look up by flight number , or by destination .
shortly after the government ' s announcement , us airways , a unit of the us airways group , said it would no longer pursue the transaction .
in january 2006 , the airline began consolidating its operations under the us airways brand , and all america west flights became branded as us airways flights .
us airways flight 1939 , the final us airways flight , leaves philadelphia international airport en route to charlotte on friday , oct . 16 , 2015 .
america west and us airways merged last week , and the combined airlines began operating as us airways . here are answers to frequently asked . . .
travelers won’t find any us airways signs at airports and can’t book tickets on us airways’ website as the airline’s ticket reservations system now is merged with american’s .
unisys and businessweek refer to us airways as a legacy carrier . the las vegas review - journal refers to us airways as a low - cost airline .
no , the us airways companion certificate is valid for travel on flights within the 48 contiguous united states and to / from canada on flights marketed and operated by us airways , or on flights marketed and operated by us airways express .
six senior executives from us airways were named , along with four from american .
american airlines , us airways to be cleared for takeoff wednesday with faa ok .
after booking your us airways tickets you can check your flight status . here .
us airways is slowing disappearing - on the inside of planes , at least .
livery main article : us airways livery us airways has had various different liveries both under the us airways and usair name . in general the express and shuttle divisions have had liveries that closely parallel the company - wide livery at the time .
us airways makes $ 8 billion bid for delta - nov . 15 , 2006
us airways records $ 2 . 2 billion 2008 loss | news content from atwonline
us airways and american airlines declined to comment on speculation about a potential combination .
with the headline : united is in talks about a merger with us airways .
american airlines , us airways report combined $ 1 . 95 billion earnings for 2013
the last day to share us airways dividend miles is march 25 , 2015 .
one last look at n319aw before i head up to the us airways club .
us airways . the flight ' s on us . no kidding .
due to the occasional glitch at us that accidentaly lets out obscenely low fares .
along with united and us airways , other star members include lufthansa , singapore airlines , all nippon airways and air canada .
us airways joins transatlantic jv , adds british airways codeshare
is part of atw plus , our online premium membership .
though high oil prices will continue to dog us airways and other carriers , neidl said he expects us airways to overcome its problems and have a good performance in 2008 . he ' s put an
add
rating on us airways stock .
us airways’ roots go back to 1939 and an early predecessor called all american aviation . the us airways name was first used officially on feb . 27 , 1997 .
us airways will join the alliance in six to nine months after completing computer upgrades and other changes , said david n . siegel , the chief executive of us airways .
us airways has assured customers they won’t notice any changes following its deci . . .
an undated file photo of a us airways express plane operated by regional carrier republic .
the successful emergency landing in 2009 in the hudson river of us airways flight 1549 .
us airways shifts 130 training jobs to n . c . | pittsburgh post - gazette
us airways files bankruptcy ; retirement systems of alabama acquires 37 . 5 percent holding .
us airways provides daily flights to charlotte and weekend service to washington reagan . effective october 17th , us airways will officially merge with american airlines , operating as one airline .
us airways pilot steve mckee is among the employees who expect to lose their jobs .
_ _ _ _ _ us airways group , inc . _ _ _ _ _
don’t tell that to us airways fan susan debruhl of aiken , s . c .
in july 2006 , us airways and america west ordered 20 new airbus a350 aircraft .
united and us airways could combine operations at airports like ronald reagan national in washington .
wednesday ' s reported merger talks were not the first for united and us airways .
the new airline will keep all of american ' s and us airways ' hubs .
us airways : we can get financing , most forumers can ' t .
america west and us airways merged last week , and the combined airlines began operating as us airways . here are answers to frequently asked questions on how this affects travelers :
yes , all reservations and tickets issued for travel on us airways will be honored .
us airways b734 at ft . myers on jul 10th 2013 , tail strike on landing
in 2005 , us airways merged with america west , keeping the us airways name .
here ' s the reality : us airways effectively died in 2005 ,
snyder said .
there ' s no question about it ; america west took over . despite the us airways name sticking around , it just became a bigger america west .
yes . when booking your reservation , be sure to provide your aadvantage number to earn aadvantage miles on us airways , us airways express and us airways shuttle flights . you can also add your aadvantage number to any existing reservation on urltoken or usairways . com .
in an interview with usa today about us airways ' ast flight , american airlines spokeswoman martha thomas said that the airline “definitely wanted to give a nod to us airways and everyone that helped us build this airline . ”
some regional aircraft are expected to remain in the us airways express livery until may 2017 . currently , there are approximately 54 aircraft that remain in the us airways express colors .
many industry experts say the only way american and us airways can compete with larger rivals is by merging their strengths . us airways would gain american’s lucrative international routes , while american’s larger hubs would be fed passengers from us airways’ network in smaller cities across the nation .
job : responding to a backlog of e - mails and letters from us airways travelers .
hub : us airways operates mainly from phoenix - sky harbor international airport ( phx ) .
2002 : us airways files for bankruptcy , emerging the next year from chapter 11 protection .
us airways said the bankruptcy court would help it in
reaching new labor agreements .
us airways operates hubs in charlotte , philadelphia , phoenix and las vegas . us airways also maintains focus city operations at washington reagan national , new york laguardia , pittsburgh and boston .
the unions rebuffed management ' s efforts to merge staffs from the former america west and us airways . meanwhile , customers ranked us airways at the bottom of the industry in service .
once you answer correctly it’ll ask you to log - in with your us airways number .
union workers for american airlines agreed to a potential merger , announced us airways on friday .
more recently , hines and us airways engaged consultant ssrcx to facilitate the property’s leed certification .
celebrations at sky harbor international airport in phoenix , us airways headquarters in tempe , ariz .
it will be one of the first airports to have joint us airways - american operations .
us airways customers wait at the counter in pittsburgh international airport on march 24 , 2000 .
us airways pilots gather at pittsburgh international airport on tuesday , jan . 14 , 2003 .
note : the following list shows the airports that are operated by us airways prior to merger . this list does not include american airlines , the airline us airways is merging with . once the merger is completed , all of us airways ' hubs are under american airlines .
a million miler , one who has flown 1 million miles on us airways and us airways express ( including miles flown on americawest airlines prior to their merger with us airways in 2008 ) . million milers receive silver preferred status for life , regardless of future flight activity .
what is the policy for same - day flight changes on american vs . us airways ?
no . us airways does not offer a card that gives access to the admirals club .
* yes , all reservations and tickets issued for travel on us airways will be honored .
my ride today to phl today would be n819aw , a former us airways a319 that was painted in aa colors a few months back , but retains its us airways interior . before us airways , this bird was in service with america west before their own merger with cactus .
2005 : america west , led by ceo doug parker , merges with us airways . charlotte is the combined airline’s largest hub . us airways is based in phoenix and run by parker .
the us airways cactus call sign , a piece of arizona history , dates back to 1987 .
a undated file picture shows a us airways a330 - 300 flying over toulouse in southern france .
a us airways flight prepares to depart from pittsburgh international airport on sept . 13 , 2004 .
the us airways name went out with a sentimental bang in the wee hours of saturday morning .
single one of those carriers had an opportunity to merge with us airways yet didn ' t .
“a tie - up with us airways is potentially very messy , ” mr . swelbar said .
the world’s biggest airline was officially created on monday with the merger of american airways and us airways , capping a round of consolidation that has worried the us government , rivals and consumer groups .
also , some regional aircraft will still operate in the us airways express livery until may 2017 .
while still operating some flights as us airways , american has begun to paint us airways aircraft in the new american airlines livery . watch the transformation as this airbus a319 gets its new look .
company information and profile of us airways group a major american corporation . the following profile and background facts about us airways group provides company and business information for research and general interest including business address and telephone details , business industry , company description , slogan , us airways group customer service statement and whether us airways group appears in the fortune 500 company listing - all useful business information .
us airways group company address : 111 w . rio salado pkwy . , tempe , az 85281
trip report - us airways ( e175 , 757 ) , st . louis to st . maarten
us airways and america west airlines for you to begin enjoying the benefits of the combined companies .
american has been preparing for this day since its $ 11 billion merger with us airways in december 2013 . executives — many of whom are former us airways executives — are being careful because they have bad memories of us airways’ bungled merger with america west airlines’ reservation systems after their 2005 merger .
in the case of a mixed itinerary where the aadvantage elite member is checking in with american for the first flight and connecting to a us airways flight , the customer would need to see a us airways airport agent for an upgrade on us .
nfl steelers livery us airways a319 at minneapolis - st paul international airport . this livery celebrates the national football league ' s steelers team from pittsburgh , which is a major hub for us airways .
in 2007 , us airways accepted $ 4 million in state taxpayer grants and tax credits to open the center . closing the center would continue a long decline of us airways ' presence in pittsburgh .
the funds own nearly a quarter of us airways , having bought most of the shares in 1996 .
us airways announced tuesday that it has been awarded the landing rights to add flights at london heathrow .
in economy there are 238 seats . us airways is starting to retrofit them with seatback tv screen .
disability - whether or not you are eligible for us airways long term disability plan ( ltd ) .
gate agents make the final boarding announcement for us airways flight 1939 on oct . 16 , 2015 .
us airways flight 1939 pulls away from a gate in san francisco on oct . 16 , 2015 .
us airways flight 1939 pushes back from the gate in san francisco on oct . 16 , 2015 .
delta and northwest join united airlines and us airways , which are seeking to emerge from bankruptcy reorganisation .
the american us airways news is only the latest in a string of high - profile airline mergers .
all about us airways group inc . • air travel • u . s . national transportation safety board
us airways has still not reached agreements with all of its unions following its merger in 2005 with america west airlines , while united’s pilots and flight attendants were adamantly opposed to a deal with us airways .
us airways’ announcement came as continental’s executives were on a conference call to discuss the company’s quarterly results .
planes for united and us airways , whose merger talks ended , at an airport terminal in phoenix .
newsroom - the entire us airways mainline fleet livery makeover is complete - american airlines group , inc .
the formal end of us airways means that beginning at midnight on friday , all of its former routes will be coded as american airlines flights . in addition , the us airways website will shut down .
you can request missing mileage credit for flights flown on us airways by completing an online mileage request form . when completing this form , choose us airways from the “select airline flown” drop - down menu .
yes . you can now redeem your miles for any seat with aanytime® awards on us airways flights .
it appears that us airways will merge their frequent flier program on march 28 , 2015 with american .
until we receive merger approval , customers who want to fly us airways should book through us airways , and customers who want to fly america west airlines should book through america west . no us airways flights are operating in conjunction with america west airlines at this time . we remain independent companies and competitors .
* until we receive regulatory approval , customers who want to fly us airways should book through us airways , and customers who want to fly america west airlines should book through america west . no us airways flights are operating in conjunction with america west airlines at this time . we remain independent companies and competitors .
american airlines has given its strongest indication yet that the us major intends to bring its ‘main cabin extra’ extra legroom product to merger partner us airways’ aircraft .
no , until the merger is finalized , please continue to use america westâ€™s website for bookings on them and the us airways website for bookings on us .
no , until the merger is finalized , please continue to use america west’s website for bookings on them and the us airways website for bookings on us .
' cactus ' call sign fades into us airways history on an overcast day at philadelphia international airport , a us airways flight from london used it for the last time . check out this story on urltoken urltoken
littell says he ' s happy to see us airways become part of the world ' s biggest airline , but concedes it
will be sad to see the memories of the us airways name fade .
tears , tales and champagne flow on us airways ' last - ever flight the us airways name went out with a sentimental bang in the wee hours of saturday morning . check out this story on urltoken urltoken
simply , america west purchased us airways , but the us airways brand remained dominant while doug parker became the ceo of the combined airline . however like the american / twa merger , the transition was very rocky , and the full integration has yet to be completed . for example , us airways has two pilot contracts , one for pilots employed by us airways prior to the merger and one for america west pilots .
it does point out they did change the color of the us airways text to match the color scheme . if they continued this the
american
title would be dark blue like the us airways title .
a us airways jet lands at charlotte / douglas international airport and passes the tail fin of a us airways jet on the ground on tuesday , oct . 9 , 2007 in charlotte , n . c .
us airways ? unveiled this airbus a319 with a pittsburgh steelers paint scheme in september 2007 at pittsburgh international airport . the plane is one of several for us airways to sport the logo of an nfl team .
us airways merged with american airlines in 2013 . the combined airline operates under the american name , but some planes will continue flying with the us airways livery until they can all be repainted by next year .
need cheap flights with us airways ? use skyscanner to browse us airways flights and find the lowest prices and most convenient us airways flight times for your travel needs . follow the links and book your cheap flight directly with the airline or travel agent for the best price – skyscanner doesn ' t add any commission .
down the back are 263 economy seats . us airways is starting to retrofit them with seatback tv screen .
philadelphia – the us airways name went out with a sentimental bang in the wee hours of saturday morning .
* sept . 12 , 2004 : us airways files for chapter 11 bankruptcy protection for a second time .
us airways , america west complete merger
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in may 2006 , the us airways and america west web sites were merged . the new us airways web site unites the two brands using graphics and styles reflective of the airline ' s new livery and services .
on november 11 , 2007 , us airways announced nonstop service between philadelphia and london ' s heathrow airport .
the wreckage of the us airways plane that landed in the hudson river in new york , january 2009 .
jean medina , a united spokeswoman , and andrew christie , a us airways spokesman , declined to comment .
us airways , formed in 2005 from a merger with america west airlines , still has two pilot unions .
a combined us airways and american airlines would be on par with the world’s largest , united continental holdings .
american airlines , us airways report combined $ 1 . 95 billion earnings for 2013 | airlines | dallas news
us airways is closing its pittsburgh area flight operations control center as part of its merger with american airlines .
as a top company in the airlines industry us airways group specialize in providing daily flights to worldwide destinations .
british airways do not offer a company travel loyalty programme in the us but our partner american airlines does .
no entertainment on us airways domestic flights even in first class , at least those we ' ve flown .
thank you for your continued support . we look forward to seeing you on your next us airways flight .
you should feel comfortable making advance bookings on us airways , as we are conducting our business as usual .
american / us airways ticket counter agents offered to print old - style thick - stock tickets for fliers who wished to have a souvenir of us flight 1939 .
us airways has launched a codeshare with british airways ( ba ) after becoming an affiliate member of the atlantic joint business between ba , american airlines , iberia and finnair . american and us airways closed their merger in december and earlier this year ba parent international airlines group ( iag ) said it hoped to integrate us airways’ flights into the atlantic joint business . in a statement , ba said us airways joined the group as an affiliate member on march 31 . “it will . . .
3x points for flights booked directly with airlines . 2x points at us restaurants , us gas stations , and at us supermarkets . 1x points on other purchases .
stephen johnson , also of us airways , will serve as executive vice president for corporate affairs that deal with legal , governmental , and regulatory issues . derek kerr of us airways will be installed as chief financial officer .
charles alford , a us airways customer service worker from raleigh / durham , proudly shows off his boarding pass to be on the last - ever us airways flight on oct . 16 , 2015 , in san francisco .
but after doug parker rang the nasdaq bell monday from fort worth , texas , signaling the completion of the $ 17 billion us airways - american airlines merger , us airways started its gradual fade into the history books .
us airways will make its final flight on friday as the carrier ' s slow merger with american airlines is completed . but expect to see planes stamped with the us airways emblem soaring the skies for another few months .
in 2013 , us airways merged with american airlines to create the world’s largest airline . as part of the integration process us airways left the star alliance and is now a member of oneworld . in the future us airways will use the branding of american airlines , but is planning to keep using the us airways hubs in phoenix , charlotte and philadelphia for at least five years . the merged airline will be run from fort worth in texas .
the scrappy carrier began in 1983 with five destinations , expanded as far as hawaii and japan and survived a three - year bankruptcy case and 9 / 11 before merging with us airways in 2005 . in that merger , cactus prevailed over us airways ' call sign , usair , even though the merged airline took the us airways name .
in this file photo from oct . 29 , 2010 , a us airways express flight approaches philadelphia international airport .
then , eight years later , us airways ' top management essentially took control of american airlines during their merger .
news : us airways is raising the price for exit seats on transatlantic routes from $ 25 to $ 35 .
in december 1998 , us airways contracted with sabre group holdings to provide the airline ' s it services for 25 years . the $ 4 . 3 billion deal gave us airways the same computer reservation system as american airlines .
robert isom of us airways will take on the duties of chief operating officer of american airlines group and ceo of us airways , which will continue to operate as a separate airline following the merger until full integration is accomplished .
until the full integration of american airlines and us airways – which will see the combined airline retaining the american airlines name – us airways and its regional carriers will operate as one world affiliate members , under the american umbrella .
find us airways domestic flights available for all of your favorite united states destinations , from small towns , to the big cities , us airways can get you there . convenient flight schedules make it effortless to get where you need to go and arrive on time , all at the right price . popular us airways domestic flight routes include :
search expedia for the very best selection of us airways flights to whatever destination you ' re headed . us airways and expedia have teamed up to provide you with great discount airfares and flexible departure and arrival times to make your trip a truly comfortable , affordable , and memorable experience . fly with us airways today to see the difference .
us airways has a good punctuality record , with 81 % of flights arriving and departing on schedule during 2013 .
2013 : american airlines and us airways merge in december as part of american’s plan to emerge from bankruptcy reorganization .
america west and us airways said they may also seek to raise an additional $ 150 million in new stock .
american - us airways merger american airlines cincinnati cleveland hopkins continental airlines dallas / fort worth international airport delta air lines los angeles international airport memphis merger integration northwest airlines phoenix sky harbor airport pittsburgh st . louis united airlines us airways
• jan . 25 , 2012 : us airways discloses it has hired advisers to explore a merger with american .
american is eliminating the us airways brand and shifting flight operations to a new center in fort worth , texas .
the fate of the center that oversees us airways ' flights has been the subject of speculation since us airways and american announced plans to merge early last year . they closed a $ 17 . 8 billion deal in december .
us airways : dammit , we ' re not going down alone ! us airways : quick ! we ' ve got the vultures distracted . giving you one more chance to get stranded in charlotte , for old times sake .
as a reminder , customers who are flying on american should continue to book their travel and check in with american . likewise , customers who are flying on us airways should book their travel and check in with us airways .
yes . you can book through us airways and book a flight operated by another airline but marketed by american .
i think a lot of us airways dividend miles members are wondering when their miles will be converted over to american aadvantage miles . currently us airways is offering a share miles promotion which is going on now through march 25 , 2015 , which means its safe to assume you will be able to redeem your us airways until then , since i can’t imagine that us airways would be encouraging people to share miles into a program that doesn’t still exist .
* you should feel comfortable making advance bookings on us airways , as we are conducting our business as usual .
us airways group , inc . ( formerly usair group , inc . ) is a holding company for several commercial airlines , of which us airways ( formerly usair ) is the largest . through its fleet of about 300 jets , us airways provides service to 95 destinations . in addition to its flagship carrier , which generated 87 percent of the parent company ' s operating revenues in 2001 , other subsidiaries operate a regional feeder network under the us airways express name . us airways is strongest in the northeast , and has had international success with transatlantic and caribbean routes .
beer is living proof that god loves us and wants us to be happy .
- - ben franklin
by november 2013 , the two companies reached a deal with the department of justice to get the merger approved . the merger was completed by the end of 2013 . the us airways branding slowly began to fade , being replaced with the ‘new american’ livery . us airways flights at the time were sold as american airlines operated by us airways .
on february 9 , 2006 , us airways announced that it would become the first us - american
legacy
carrier to add the embraer 190 to its mainline fleet .
us airways ranked last out of 20 domestic airlines for systemwide on - time performance in march , april and may of 2007 according to the us department of transportation figures .
us airways also has a partnership with midwest airlines at kansas city . us airways allows for code sharing in kansas city with midwest to select destinations in arkansas , kansas , missouri , and nebraska . us airways express serves smaller rural communities from kansas city and uses the midwest airlines hub traffic to help fill the seats on these flights . the us airways express flights operated from kansas city are operated by air midwest , which is a division of mesa airlines .
if available , upgrades will be offered at check - in via all us airways check - in channels : usairways . com , us airways app , us airways mobile website , self - service kiosk , us airways airport agent or an admirals club representative in select admirals club locations on a first come , first - served basis . to secure an upgrade , all travelers in the reservation will need to agree to the upgrade options presented at check - in .
principal subsidiaries : allegheny airlines , inc . ; material services company , inc . ; midatlantic airways , inc . ; piedmont airlines , inc . ; potomac air , inc . ; psa airlines , inc . ; us airways leasing and sales , inc . ; us airways , inc .
as of the october 23 third–quarter earnings conference call , international demand had remained strong but us airways was closely monitoring the situation . in the event of a slowdown ( which some other us airlines have detected ) , us airways could reduce frequencies or move some 757s back to domestic flying .
the airline was officially rebranded as us airways on february 27 , 1997 . its planes showed off a new dark blue livery accentuated with red and white lines , with the us flag the new logo on the tail . that same year , us airways acquired the remainder of the former trump shuttle . the new us airways shuttle operated exclusively on boeing 727 - 200s , and later , on airbus a320s .
on an overcast day at philadelphia international airport , a us airways flight from london used it for the last time .
the markets : market place ; stalwart investors in us airways stand to gain vindication , but probably no big celebration .
pension plans covered the retirement income plan for pilots of us airways , inc . terminated on march 31 , 2003 .
…airlines agreed to merge with us airways in a deal that would create the largest u . s . airline . …
american airlines is slowing switching branding on former us airways planes . photo : andrew wee / flickr ( creative commons )
all passengers on the last leg of flight 1939 received this coin commemorating the last - ever flight on us airways .
for example , us airways didn’t allow live pets to fly in a plane’s hold , while american did . they went with american’s policy , which meant us airways employees had to be trained on how to check and handle live pets .
us airways , meanwhile , is the descendant of a company formed in 1939 to provide mail service to western pennsylvania .
a reason why ua , dl , co and nw didn ' t want to merge with us airways post 2005 .
mr . keay suggested that a marriage of american and us airways would make sense because the companies have complementary networks .
us airways and ual have courted for a decade — interrupted only by their turns in bankruptcy between 2002 and 2005 .
us airways is a delaware corporation with its principal place of business in tempe , ariz . last year us airways flew more than 50 million passengers to more than 200 destinations worldwide and took in more than $ 13 billion in revenue .
us airways celebrated its final flight friday with champagne toasts at stops in philadelphia , charlotte , phoenix and san francisco .
us airways will all but slip into airline history when american airlines combines the two carriers’ reservations systems on 17 october .
the only aircraft left in the us airways livery will be the heritage airbus a321 that american debuted earlier in 2015 .
everett , bridget .
how to upgrade to first class on us airways
accessed july 09 , 2018 . urltoken
i flew last 28th sept from brussels to houston with us airways n no personal entertainment on board . did not expect this from us airways ; very dissapointed . like i was flying in ancient time ( 10 to 15 years ago )
how will the upgrade priority for complimentary and 500 - mile upgrades work on american airlines vs . us airways flights ?
i’m an aadvantage elite status member . which benefits will apply to me when i travel on us airways right now ?
at this time , american and us airways will each maintain their separate loyalty programs . both american and us airways will continue to evaluate how best to structure the loyalty program moving forward , including decisions about the purchase of elite status .
i have elite status in the america west flightfund program . can i use my first class upgrades on us airways ?
until approval of the merger , a process expected to take several months , it will be business as usual for us airways and america west customers , and there will be no joint marketing or operations between the two airlines . you should continue to book flights through urltoken , us airways reservations or your travel agent , check in for flights at us airways counters and redeem dividend miles for flights on us airways or any of our star alliance or frequent flyer program partners .
i have elite status in the america west flightfund program . can i use my first class upgrades on us airways ?
there are two additional key dates later in the year , according to people familiar with the matter . on april 1 , us airways will adopt american’s meal windows and catering , and on september 1 , the us airways soft product ( i . e . in - flight service ) will mirror american’s . also by that date , new aircraft being delivered to us airways will have the new aa interiors . a spokesman for us airways would not comment specifically about these plans .
fly us airways , we ' ll get you nowhere fast !
we ' re us airways , we ' ll get you to your destination but your luggage is subject to debate !
we ' re us airways , where chapter 11 isn ' t just a section in your history books anymore .
at us airways , we can ' t promise to get you there on - time , but we ' ll get you there eventually .
us airways group , inc . is the parent corporation for us airways mainline jet and express divisions as well as several related companies , all in the air transportation industry . from the company ' s beginnings in 1939 as all - american aviation , inc . , the present - day us airways is the inheritor of a number of famous names in u . s . aviation . us airways has been an aviation innovator , particularly in the building of alliances through code - sharing .
oct . 17 , 2015 : the final us airways flight is scheduled to take off from san francisco and land in philadelphia . the us airways name and brand will be officially retired , with all systems combined under the new american airlines .
no , at this time , us airways does not offer a 24 - hour hold on tickets as urltoken offers . however , us airways does offer a refund within 24 hours for tickets purchased on urltoken or via the airline’s reservations desk .
us airways ' reservation system will go dark saturday morning just after midnight . us airways ' website will follow . and at airports across the nation , airline staff will begin removing us airways branding after the company ' s last flights on friday . the goal is to have american airlines signage up in its place by the time flights begin again on saturday morning .
qatar airways , american airlines , iag’s british airways , iberia and latam are all members of the one world airline alliance .
the new us airways , the sixth largest airline in the us , is the result of the first merger between us legacy carriers in the post–2001 era : america west’s acquisition of the old us airways in september 2005 . ( the second post–2001 merger , between delta and northwest , closed on october 29 — see aviation strategy , september 2008 , for analysis ) .
* no , until the merger is finalized , please continue to use america west ' s web site for bookings on them and the us airways web site for bookings on us .
in this april 8 , 2010 file photo , a us airways plane takes off from sky harbor international airport in phoenix .
from there , flight 1939 heads to san francisco , then returns to pennsylvania as the last - ever us airways flight .
in 2013 , american and us airways merged creating the largest airline in the world and leaving just four major airline companies .
now , that aircraft lives inside the carolinas aviation museum in charlotte . letters stretching across its fuselage read : us airways .
last month , united also discussed the possibility of merging with phoenix - based us airways ( lcc , fortune 500 ) .
during the transition period as they work towards their full integration , american and us airways will maintain their current loyalty programmes .
the us airways pittsburgh hub has actually been in decline for years . us airways says it lost $ 40 million there last year . as recently as the year 2000 , us airways and its regional affiliates operated over 500 daily departures to more than 110 destinations at their pittsburgh hub . with the latest capacity reduction , fewer than 70 departures to 21 destinations will remain .
) is the holding company for american airlines and us airways . together with american eagle and us airways express , the airlines operate an average of nearly 6 , 700 flights per day to more than 330 destinations in 54 countries from its hubs in
us airways flights are delayed 40 % of the time . when there is a delay , it averages about 27 minutes .
american airlines officially emerged from bankruptcy , closing a blockbuster deal with us airways to become the world ' s largest airline .
aviation enthusiasts were plentiful at san francisco international airport ahead of us airways ' final departure on oct . 16 , 2015 .
the crowd assembled for us airways ' final flight listens to gateside speeches in san francisco on oct . 16 , 2015 .
passengers board the last leg of us airways flight 1939 the evening of oct . 16 , 2015 , in san francisco .
the airline has hub airports in philadelphia , pittsburgh and charlotte , n . c . us airways and its us airways express regional unit have 3 , 300 daily flights . the airline also operates shuttle service connecting boston , new york and washington .
* aug . 11 , 2002 : us airways files for bankruptcy protection after a $ 2 - billion loss in 2001 .
* march 31 , 2003 : us airways emerges from chapter 11 bankruptcy protection , shedding $ 2 billion in operating costs .
us airways files chapter 11 september 13 , 2004 – us airways filed for chapter 11 bankruptcy protection on sunday , sept 12 . this is the second time in the last 25 months that the airline has gone to court for protection from creditors .
although the us airways brand is gone , it will take a little longer for it to disappear completely . the look of us airways planes , uniforms , flight tracking systems and labor seniority lists still will be separate from american’s for a while .
us airways 2007 net profit up more than 40 %
is part of atw plus , our online premium membership .
us airways records $ 2 . 2 billion 2008 loss
is part of atw plus , our online premium membership .
us airways group inc . is eager to ring in the new year after getting beat up on wall street in 2007 .
us airways pilot capt .
sully
sullenberger speaks to congress :
my pay has been cut by 40 %
a pleasant woman at us airways told him not to worry ; he would be made whole for his losses . but then the matter shifted to us airways’ insurer , the american international group , operating under government stewardship since its bailout last fall .
new york ( cnnmoney . com ) - - us airways announced thursday that it has discontinued merger talks with united airlines .
us airways and american airlines are joining forces in an $ 11 billion deal to create the world ' s largest airline .
shares of us airways rose 17 cents , or 1 . 2 percent , to $ 14 . 66 in premarket trading .
the first us airways plane was painted in the american livery in january 2014 , just one month after the merger closed .
because of your loyalty to us airways , i want to make you aware of an important step our company has taken .
until approval of the merger , a process expected to take several months , it will be business as usual for us airways and america west customers , and there will be no joint marketing or operations between the two airlines . you should continue to book flights through www . usairways . com , us airways reservations or your travel agent , check in for flights at us airways counters and redeem dividend miles for flights on us airways or any of our star alliance or frequent flyer program partners .