US Airways Group last week announced that it had applied for a $900 million loan guaranty from the Air Transportation Stabilization Board (ATSB), and indicated that if it doesn't seal the deal, it might resort to bankruptcy protection.

According to rating agency sources, aircraft ABS has very limited exposure to US Airways, as the carrier has actively used enhanced equipment trust certificates (EETCs) for financing, with issuance topping $3 billion.

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