US Airways 2008 Annual Report Download - page 129

Table of Contents
Report of Independent Registered Public Accounting Firm
The Board of Directors and Stockholder
US Airways, Inc.:
We have audited the accompanying consolidated balance sheets of US Airways, Inc. and subsidiaries (US Airways) as of
December 31, 2008 and 2007, and the related consolidated statements of operations, stockholder's equity (deficit), and cash flows for
each of the years in the three-year period ended December 31, 2008. These consolidated financial statements are the responsibility of US
Airways' management. Our responsibility is to express an opinion on these consolidated financial statements based on our audits.
We conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States).
Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free
of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial
statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as
evaluating the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.
In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position
of US Airways, Inc. and subsidiaries as of December 31, 2008 and 2007, and the results of their operations and their cash flows for each
of the years in the three-year period ended December 31, 2008, in conformity with U.S. generally accepted accounting principles.
As discussed in Note 1 to the consolidated financial statements, effective January 1, 2008, US Airways adopted the provisions of
Statement of Financial Accounting Standards (SFAS) No. 157, Fair Value Measurements, and the measurement date provisions of
SFAS No. 158, Employers' Accounting for Defined Benefit Pension and Other Postretirement Plans.
We also have audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States), US
Airways' internal control over financial reporting as of December 31, 2008, based on criteria established in Internal Control-Integrated
Framework issued by the Committee of Sponsoring Organizations of the Treadway Commission, and our report dated February 17, 2009
expressed an unqualified opinion on the effectiveness of US Airways' internal control over financial reporting.
/s/ KPMG LLP
Phoenix, Arizona
February 17, 2009
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