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Table of Contents
This combined Annual Report on Form 10-K is filed by US Airways Group, Inc. ("US Airways Group") and its direct and indirect wholly owned
subsidiaries US Airways, Inc. ("US Airways") and America West Airlines, Inc. ("AWA"). AWA is a wholly owned subsidiary of America West Holdings
Corporation ("America West Holdings"), which is a wholly owned subsidiary of US Airways Group. References in this Form 10-K to "we," "us," "our" and
the "Company" refer to US Airways Group and its consolidated subsidiaries.
Note Concerning Forward-Looking Statements
Certain of the statements contained in this report 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," "project," "could," "should," and "continue" and similar terms used in connection with statements regarding the Company's
outlook, expected fuel costs, the revenue environment, and the Company's expected financial performance. These statements include, but are not limited to,
statements about the benefits of the business combination transaction involving America West Holdings and US Airways Group, including 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 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. These risks and uncertainties include, but are not limited to, those described below
under Item 1A. "Risk Factors" and the following:
the impact of significant disruptions in the supply of aircraft fuel and historically high fuel prices;
our high level of fixed obligations;
our ability to integrate the management, operations and labor groups of US Airways Group and America West Holdings;
our ability to achieve the synergies anticipated as a result of the merger and to achieve those synergies in a timely manner;
the impact of continued significant operating losses;
labor costs and relations with unionized employees generally and the impact and outcome of labor negotiations;
changes in prevailing interest rates;
reliance on automated systems and the impact of any failure of these systems;
our ability to obtain and maintain normal terms with vendors and service providers;
security-related and insurance costs;
the impact of global instability including the continuing impact of the military presence in Iraq and Afghanistan and the terrorist attacks of
September 11, 2001 and the potential impact of future hostilities, terrorist attacks, infectious disease outbreaks or other global events;
changes in government legislation and regulation;
our ability to use pre-merger NOLs and certain other tax attributes;
competitive practices in the industry, including significant fare restructuring activities, capacity reductions and in court or out of court restructuring by
major airlines;
continued existence of prepetition liabilities;
weather conditions;
our ability to obtain and maintain any necessary financing for operations and other purposes;
ii