USAirways coming out of Chapter 11: what happens to their stock?

[Cisco]

This article mentions that USAirways is expected to come out of Chapter 11 Bankruptcy Monday. How - if at all - will that affect their stock, which has been off the market for several months (if not almost a year)?

Will it be listed again at the same price? Will it be dropped and totally new stock be re-issued? Will it be listed at a new price? Will it simply stay off the market?

[samclem]

According to http://investor.usairways.com/

The investment by US Airways’ reorganization plan sponsor, The Retirement Systems of Alabama, if consummated, contemplates the cancellation of the common stock. The company urges that appropriate caution be exercised with respect to existing and future investments in US Airways.

[David_Simmons]

It all depends upon their reorganization plan. Usually the common stockholders are last in line. Here’s what the SEC says about Chapter 11.