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My name is Mike Hillwig and I live in Salem, MA with my pug, Reggie. I'm a DBA (database administrator) with a high tech company. Originally from the Pittsburgh area, I moved to Providence in December 2004 and then to Boston in November 2005. March of 2008 brought me to Salem on the Massachusetts north shore.

What else do you want to know? I'm an aviation geek, a foodie, have some tattoos and live with Multiple Sclerosis. This year, I'm in my first season singing Baritone with the Boston Gay Men's Chorus. If there is anything else you'd like to know, just ask. I'm hardly shy.

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US Airways Announces PAR Capital Management Inc. Sells Portion of Its US Airways’ Portfolio

(link)

Translation: We made our cash and now we’re bailing out.

Seriously, long-term investors tend to shy away from airlines because it’s such a cyclical industry. When the economy is booming, airlines make money hand-over-fist. When the economy starts to shudder, the airlines bleed cash. Most of it is due to greedy labor unions. But that’s another opinion for another day.

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