US Airways President Scott Kirby says he feels "pretty good" about paying for new aircraft despite the financial meltdown on Wall Street.
Kirby told investors Thursday at a conference in New York that the Tempe-based airline already has financing agreements in place for its aircraft, and it has no near-term financing needs when it comes to planes.
He added that the pressure to raise cash has diminished as oil prices dropped from their peak of nearly $150 a barrel.
However, Kirby says US Airways will continue charging fees for checked bags, sodas and other in-flight services.
The carrier also will move forward with plans to cut available seats by as much as 10 percent next year in hopes of keeping air fares high.
