US Airways had also received conditional approval for a $US900 million loan guarantee that would help it secure $US1 billion in new financing. The offer of a loan guarantee depended on the company's bankruptcy recovery plan, said Betsy Holahan, a spokeswoman for the Air Transportation Stabilisation Board. The board had said previously that the guarantee would be contingent on US Airways wrapping up agreements for cost reductions and offering the government a bigger stake in the company.