US Airways 2006 Annual Report Download - page 33

Table of Contents
On February 9, 2007, passengers Daphne Renard and Todd Robins filed a class action suit against US Airways in San Francisco
Superior Court. The complaint alleges that US Airways breached its contract of carriage by charging additional fares and fees, after the
purchase of tickets on the usairways.com website, for passengers under two years of age who travel as "lap children," meaning that the
child does not occupy his or her own seat but travels instead on the lap of an accompanying adult. The named plaintiffs allege that they
purchased international tickets through the website for themselves and a lap child. Plaintiffs allege that after initially receiving an
electronic confirmation that there would be no charge for the lap child, they were later charged an additional $242.50. The complaint
alleges a class period from February 9, 2002 to the present. We have not yet been served with the lawsuit.
We are unable to estimate at this time the amount of loss or probable losses, if any, that might result from an adverse resolution of
the proceedings discussed above, and currently are unable to predict whether the outcome of these proceedings will have a material
adverse effect on our results of operations or financial condition. We intend, however, to vigorously pursue all available defenses and
claims in these matters.
Item 4. Submission of Matters to a Vote of Security Holders
No matters were submitted to a vote of security holders during the fourth quarter of 2006.
PART II
Item 5. Market for US Airways Group's Common Equity, Related Stockholder Matters and Issuer
Purchases of Equity Securities
Stock Exchange Listing
On September 27, 2005, the effective date of the merger, our common stock began trading on the NYSE under the symbol "LCC."
As of February 15, 2007, the closing price of our common stock on the NYSE was $57.40. As of February 15, 2007, there were 2,791
holders of record of the common stock.
Prior to the effective date of the merger and pre-merger US Airways Group's emergence from the 2004 Bankruptcy, pre-merger
US Airways Group's then outstanding Class A common stock was traded on the NASDAQ over-the-counter market under the symbol
"UAIRQ" until the Class A common stock was cancelled upon the effectiveness of the plan of reorganization on September 27, 2005.
Market Prices of Common Stock
The following table sets forth, for the periods indicated, the high and low sale prices of our common stock on the NYSE and the
previously outstanding Class A common stock on the NASDAQ over-the-counter market:
Year Ended
December 31 Period High Low
2006 Fourth Quarter $ 63.27 $ 43.81
Third Quarter 56.41 36.80
Second Quarter 52.18 36.19
First Quarter 40.60 28.30
2005 Fourth Quarter $ 38.80 $ 20.85
Third Quarter (from September 27, 2005 to September 30, 2005) 21.40 19.29
Third Quarter (from July 1, 2005 to September 26, 2005)(1) 0.77 0.15
Second Quarter 1.49 0.62
First Quarter 1.31 0.69
(1) As described above, the Class A common stock of pre-merger US Airways Group was cancelled upon the effectiveness of the plan
of reorganization on September 27, 2005.
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