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USAIR CHAIRMAN SETH E. SCHOFIELD ISSUES STATEMENT

 USAIR CHAIRMAN SETH E. SCHOFIELD ISSUES STATEMENT
 ARLINGTON, Va., Sept. 17 /PRNewswire/ -- In a meeting today with


investors and airline analysts at the USAir Pittsburgh hub airport, USAir Chairman, President and CEO Seth E. Schofield made the following remarks:
 American Airlines Chairman Bob Crandall is highly critical of U.S. trade policy, arguing that the recent "open skies" agreement between the U.S. and the Netherlands and the proposed alliances between U.S. and foreign airlines injure U.S. airlines. This is nonsense.
 The question that should be answered is: Should DOT be more concerned with protecting the turf of a handful of carriers or trying to foster an industry situation in which consumers benefit from additional competition?
 American's objective is to protect itself from competition. American and the other two members of the Big Three spent millions during the 1980s buying highly lucrative international routes that are protected from competition. As a result, they now operate over 1,450 departures a week between the U.S. and foreign countries. Having invested so heavily in these worldwide, limited entry routes, American clearly does not want to see barriers to competition fall. The proposed USAir/British Airways alliance is good policy. It is good for competition, good for U.S. jobs and good for the 168 U.S. communities served by USAir.
 First, the proposed alliance does not increase British Airways route authority to the U.S. in any respect and does not enlarge British rights under the current bilateral agreement with the U.S.
 Second, the proposed alliance strengthens USAir as a domestic competitor preserving jobs for its 47,000 employees and offering new job opportunities along with USAir's growth.
 Third, the proposed alliance opens up new travel opportunities for the 168 communities served by USAir that would be linked with British Airways' international route network.
 Fourth, the proposed alliance would enable USAir to participate in the growing international marketplace, which is now dominated by the big three airlines. It is this competition that American fears.
 -0- 9/17/92
 /CONTACT: USAir Corporate Communications, 703-418-5100 or 310-417-1294/
 (U) CO: USAir ST: Virginia IN: AIR SU:


TW -- DC026 -- 0686 09/17/92 13:10 EDT
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Publication:PR Newswire
Date:Sep 17, 1992
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