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Company Watch - US Airways.


For more company news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Jul 31, 2006

US Airways Group US Airways Group Inc. NYSE: LCC is the Tempe, Arizona-based airline holding company that operates US Airways, US Airways Express and America West Airlines. It also operates additional companies that provide associated services.  profits from sum of its parts. The merger of US Airways Group and America West Airlines America West Airlines was one of the United States' ten major airlines. The airline was based in Tempe, Arizona, and is now a part of US Airways Group.

At the time of its integration into US Airways, the airline maintained two hubs, one at Phoenix Sky Harbor International
 continues to pay big dividends, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

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 President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Doug Parker, who said it was the "primary driver" behind second-quarter net earnings of $305 million for the combined company. Although results are not directly comparable to the year-ago period when the airlines operated independently, the figure represents a significant improvement over an approximate combined pro forma As a matter of form or for the sake of form. Used to describe accounting, financial, and other statements or conclusions based upon assumed or anticipated facts.

The phrase pro forma
 loss of $46 million by the constituent companies, America West Airlines ($2 million) and US Airways Inc. ($44 million), in the 2005 quarter. In the 2006 quarter, US earned $246 million on a standalone basis and AWA AWA As Well As (internet chat lingo)
AWA Animal Welfare Act
AWA Australian Workplace Agreement
AWA America West Airlines
AWA Anime Weekend Atlanta (Anime convention in Atlanta, GA) 
 earned $68 million. The result includes $35 million in merger-related transition expenses and $25 million in special gains. Jul 28, 2006

Before its merger with US Airways, America West Airlines planned to merge with ATA Airlines. America West Chief Executive Douglas Parker says the failure of that agreement allowed the company to buy US Airways. "With the transition of our 59 regional jets out of US Airways now complete, we can concentrate on providing our partners with the best possible product." Parker says in an interview with the Chicago Tribune. Jul 24, 2006

US Airways Tested Delta Merger Interest. US Airways Group's chief executive called Delta Air Lines' CEO this summer to gauge his interest in a possible merger, according to a newspaper report, citing people familiar with the situation. Jul 30, 2006
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Publication:Airguide Online
Geographic Code:1USA
Date:Jul 31, 2006
Words:265
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