8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 3, 2010

US AIRWAYS GROUP, INC.

(Exact name of registrant as specified in its charter)

Delaware	1-8444	54-1194634
(State or other Jurisdiction of	(Commission File Number)	(IRS Employer Identification
Incorporation)		No.)

111 West Rio Salado Parkway
Tempe, Arizona	85281
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (480) 693-0800

N/A

(Former name or former address if changed since last report.)

US AIRWAYS, INC.

(Exact name of registrant as specified in its charter)

Delaware	1-8442	53-0218143
(State or other Jurisdiction of	(Commission File Number)	(IRS Employer Identification
Incorporation)		No.)

111 West Rio Salado Parkway
Tempe, Arizona	85281
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (480) 693-0800

N/A

(Former name or former address if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On March 3, 2010, US Airways Group, Inc. (“US Airways”), announced via press release certain traffic statistics for February 2010. A copy of US Airways’ press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

Exhibit No.		Description
	99.1	Press Release, dated March 3, 2010.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, US Airways Group, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	US Airways Group, Inc.
Date: March 3, 2010	By:	/s/ Derek J. Kerr
		Derek J. Kerr
		Executive Vice President and Chief Financial Officer

Pursuant to the requirements of the Securities Exchange Act of 1934, US Airways, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	US Airways, Inc.
Date: March 3, 2010	By:	/s/ Derek J. Kerr
		Derek J. Kerr
		Executive Vice President and Chief Financial Officer

EXHIBIT INDEX

Exhibit No.		Description
	99.1	Press Release, dated March 3, 2010.

EX-99.1

Exhibit 99.1

Contact: Dan Cravens
480/693-5729

FOR IMMEDIATE RELEASE

US AIRWAYS REPORTS FEBRUARY TRAFFIC RESULTS

TEMPE, Ariz. Mar. 3, 2010 — US Airways Group, Inc. (NYSE: LCC) today announced February and year-to-date 2010 traffic results. Mainline revenue passenger miles (RPMs) for the month were 3.9 billion, down 4.7 percent versus February 2009. Mainline capacity was 5.0 billion available seat miles (ASMs), down 5.3 percent versus February 2009. Passenger load factor for the month of February was 77.6 percent, up 0.4 points versus February 2009.

US Airways President Scott Kirby said, “Our February consolidated (mainline and Express) passenger revenue per available seat mile (PRASM) increased approximately eight percent versus the same period last year while total revenue per available seat mile increased approximately nine percent on a year-over-year basis. The revenue environment continues to show material signs of improvement with corporate booked revenue up more than 35 percent on a year-over-year basis.”

With more departures than any carrier on the East Coast, US Airways’ February operations were severely impacted by the extreme weather in that region. Due to the length and severity of the storms, flight operations were suspended for a total of six days at three of the hardest hit major airports (three days at Washington National, two days at Philadelphia, and one day at New York-LaGuardia).

These weather-related cancellations drove a completion factor for February of 92.9 percent. The corresponding cancellation rate of 7.1 percent is the highest since the merger of US Airways and America West in 2005, exceeding the previous high by 3.3 points, or 87.9 percent. US Airways’ preliminary on-time performance as reported to the U.S. Department of Transportation (DOT) was 75.3 percent. The Company estimates weather related cancellations reduced February’s revenue by approximately $30 million. In addition, due to its storm-related reduction in ASMs, the Company estimates a benefit to PRASM of approximately one-half of one percentage point.

The following summarizes US Airways Group’s traffic results for the month and year-to-date ended February 28, 2010 and 2009, consisting of mainline operated flights as well as US Airways Express flights operated by wholly owned subsidiaries PSA Airlines and Piedmont Airlines.

US Airways Mainline

FEBRUARY

	2010		2009		% Change
Mainline Revenue Passenger Miles (000)
Domestic		3,020,588		3,232,490		(6.6	)
Atlantic		375,812		378,812		(0.8	)
Latin		456,528		432,087		5.7
Total Mainline Revenue Passenger Miles		3,852,928		4,043,389		(4.7	)
Mainline Available Seat Miles (000)
Domestic		3,735,066		4,039,918		(7.5	)
Atlantic		623,079		631,481		(1.3	)
Latin		603,879		566,933		6.5
Total Mainline Available Seat Miles		4,962,024		5,238,332		(5.3	)
Mainline Load Factor (%)
Domestic		80.9		80.0		0.9		pts
Atlantic		60.3		60.0		0.3		pts
Latin		75.6		76.2		(0.6	)	pts
Total Mainline Load Factor		77.6		77.2		0.4		pts
Mainline Enplanements
Domestic		3,190,467		3,403,824		(6.3	)
Atlantic		91,473		98,112		(6.8	)
Latin		327,962		341,099		(3.9	)
Total Mainline Enplanements		3,609,902		3,843,035		(6.1	)

YEAR TO DATE

	2010		2009		% Change
Mainline Revenue Passenger Miles (000)
Domestic		6,353,625		6,710,358		(5.3	)
Atlantic		862,510		834,784		3.3
Latin		929,848		850,291		9.4
Total Mainline Revenue Passenger Miles		8,145,983		8,395,433		(3.0	)
Mainline Available Seat Miles (000)
Domestic		8,060,480		8,503,245		(5.2	)
Atlantic		1,368,716		1,343,626		1.9
Latin		1,252,312		1,135,360		10.3
Total Mainline Available Seat Miles		10,681,508		10,982,231		(2.7	)
Mainline Load Factor (%)
Domestic		78.8		78.9		(0.1	)	pts
Atlantic		63.0		62.1		0.9		pts
Latin		74.3		74.9		(0.6	)	pts
Total Mainline Load Factor		76.3		76.4		(0.1	)	pts
Mainline Enplanements
Domestic		6,617,578		7,003,531		(5.5	)
Atlantic		211,685		216,113		(2.0	)
Latin		664,395		671,681		(1.1	)
Total Mainline Enplanements		7,493,658		7,891,325		(5.0	)

Notes:

1)	Canada, Puerto Rico and U.S. Virgin Islands are included in the domestic results.
2)	Latin numbers include the Caribbean.

US Airways Express (Piedmont Airlines, PSA Airlines)

FEBRUARY

	2010		2009		% Change
Express Revenue Passenger Miles (000)
Domestic		137,840		148,355		(7.1	)
Express Available Seat Miles (000)
Domestic		209,951		241,407		(13.0	)
Express Load Factor (%)
Domestic		65.7		61.5		4.2		pts
Express Enplanements
Domestic		499,594		554,389		(9.9	)

YEAR TO DATE

	2010		2009		% Change
Express Revenue Passenger Miles (000)
Domestic		282,834		294,786		(4.1	)
Express Available Seat Miles (000)
Domestic		454,081		497,446		(8.7	)
Express Load Factor (%)
Domestic		62.3		59.3		3.0		pts
Express Enplanements
Domestic		1,034,906		1,101,886		(6.1	)

Notes:

1) Canada is included in domestic results.

Consolidated US Airways Group, Inc.

FEBRUARY

	2010		2009		% Change
Consolidated Revenue Passenger Miles (000)
Domestic		3,158,428		3,380,845		(6.6	)
Atlantic		375,812		378,812		(0.8	)
Latin		456,528		432,087		5.7
Total Consolidated Revenue Passenger Miles		3,990,768		4,191,744		(4.8	)
Consolidated Available Seat Miles (000)
Domestic		3,945,017		4,281,325		(7.9	)
Atlantic		623,079		631,481		(1.3	)
Latin		603,879		566,933		6.5
Total Consolidated Available Seat Miles		5,171,975		5,479,739		(5.6	)
Consolidated Load Factor (%)
Domestic		80.1		79.0		1.1		pts
Atlantic		60.3		60.0		0.3		pts
Latin		75.6		76.2		(0.6	)	pts
Total Consolidated Load Factor		77.2		76.5		0.7		pts
Consolidated Enplanements
Domestic		3,690,061		3,958,213		(6.8	)
Atlantic		91,473		98,112		(6.8	)
Latin		327,962		341,099		(3.9	)
Total Consolidated Enplanements		4,109,496		4,397,424		(6.5	)

YEAR TO DATE

	2010		2009		% Change
Consolidated Revenue Passenger Miles (000)
Domestic		6,636,459		7,005,144		(5.3	)
Atlantic		862,510		834,784		3.3
Latin		929,848		850,291		9.4
Total Consolidated Revenue Passenger Miles		8,428,817		8,690,219		(3.0	)
Consolidated Available Seat Miles (000)
Domestic		8,514,561		9,000,691		(5.4	)
Atlantic		1,368,716		1,343,626		1.9
Latin		1,252,312		1,135,360		10.3
Total Consolidated Available Seat Miles		11,135,589		11,479,677		(3.0	)
Consolidated Load Factor (%)
Domestic		77.9		77.8		0.1		pts
Atlantic		63.0		62.1		0.9		pts
Latin		74.3		74.9		(0.6	)	pts
Total Consolidated Load Factor		75.7		75.7		—		pts
Consolidated Enplanements
Domestic		7,652,484		8,105,417		(5.6	)
Atlantic		211,685		216,113		(2.0	)
Latin		664,395		671,681		(1.1	)
Total Consolidated Enplanements		8,528,564		8,993,211		(5.2	)

Notes:

1)	Canada, Puerto Rico and U.S. Virgin Islands are included in the domestic results.
2)	Latin numbers include the Caribbean.

US Airways is also providing a brief update on notable company accomplishments during the month of February:

• Launched year-round service from Charlotte, N.C. to Melbourne, Fla.; offering Melbourne customers the ability to connect to more than 125 domestic and international destinations through the airline’s largest hub. All three daily flights will be operated by wholly owned US Airways Express carrier PSA Airlines, utilizing 70-seat Bombardier CRJ700 regional jets.

• Announced a new bilateral codeshare agreement with Brussels Airlines. This agreement, subject to both U.S. DOT and Belgium government approval, will provide a convenient, single-source booking, ticketing and baggage connection option for more than 20 new destinations in Europe and Africa, including points in Gambia, Senegal, Cameroon and Kenya. Customers may purchase tickets starting April 3 for flights April 7 and beyond at www.usairways.com or by calling 1-800-428-4322.

About US Airways

US Airways, along with US Airways Shuttle and US Airways Express, operates more than 3,000 flights per day and serves more than 190 communities in the U.S., Canada, Mexico, Europe, the Middle East, the Caribbean, Central and South America. The airline employs more than 31,000 aviation professionals worldwide and is a member of the Star Alliance network, which offers its customers more than 19,700 daily flights to 1,077 airports in 175 countries. Together with its US Airways Express partners, the airline serves approximately 80 million passengers each year and operates hubs in Charlotte, N.C., Philadelphia and Phoenix, and a focus city at Ronald Reagan Washington National Airport. And for the eleventh consecutive year, the airline received a Diamond Award for maintenance training excellence from the Federal Aviation Administration for its Charlotte hub line maintenance facility. For more company information, visit usairways.com. (LCCT)

Forward Looking Statements

Certain of the statements contained or referred to herein should be considered “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate,” “plan,” “could,” “should,” and “continue” and similar terms used in connection with statements regarding the outlook, expected fuel costs, revenue and pricing environment, and expected financial performance and liquidity position of US Airways Group (the “Company”). Such statements include, but are not limited to, statements about future financial and operating results, the Company’s plans, objectives, expectations and intentions, and other statements that are not historical facts. These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties that could cause the Company’s actual results and financial position to differ materially from these statements. Such risks and uncertainties include, but are not limited to, the following: the impact of significant operating losses in the future; downturns in economic conditions and their impact on passenger demand and related revenues; increased costs of financing, a reduction in the availability of financing and fluctuations in interest rates; the Company’s high level of fixed obligations and its ability to fund general corporate requirements, obtain additional financing and respond to competitive developments; any failure to comply with the liquidity covenants contained in the Company’s financing arrangements; the impact of the price and availability of fuel and significant disruptions in the supply of aircraft fuel; provisions in the Company’s credit card processing and other commercial agreements that may affect its liquidity; the impact of union disputes, employee strikes and other labor-related

disruptions; the Company’s inability to maintain labor costs at competitive levels; the Company’s reliance on third party regional operators or third party service providers; the Company’s reliance on automated systems and the impact of any failure or disruption of these systems; the impact of changes to the Company’s business model; competitive practices in the industry, including the impact of industry consolidation; the loss of key personnel or the Company’s ability to attract and retain qualified personnel; the impact of conflicts overseas or terrorist attacks, and the impact of ongoing security concerns; changes in government legislation and regulation; the Company’s ability to operate and grow its route network; the impact of environmental laws and regulations; costs of ongoing data security compliance requirements and the impact of any data security breach; interruptions or disruptions in service at one or more of the Company’s hub airports; the impact of any accident involving the Company’s aircraft or the aircraft of its regional operators; delays in scheduled aircraft deliveries or other loss of anticipated fleet capacity; the impact of weather conditions and seasonality of airline travel; the cyclical nature of the airline industry; the impact of possible future increases in insurance costs and disruptions to insurance markets; the impact of global events that affect travel behavior, such as an outbreak of a contagious disease; the impact of foreign currency exchange rate fluctuations; the Company’s ability to use NOLs and certain other tax attributes; and other risks and uncertainties listed from time to time in the Company’s reports to and filings with the SEC. There may be other factors not identified above of which the Company is not currently aware that may affect matters discussed in the forward-looking statements, and may also cause actual results to differ materially from those discussed. The Company assumes no obligation to publicly update any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting such estimates other than as required by law. Additional factors that may affect the future results of the Company are set forth in the section entitled “Risk Factors” in the Company’s Report on Form 10-K for the year ended December 31, 2009 and in the Company’s other filings with the SEC, which are available at www.usairways.com.

-LCC-