US Airways 2008 Annual Report Download - page 7

Table of Contents
PART I
Item 1. Business
Overview
US Airways Group, a Delaware corporation, is a holding company whose primary business activity is the operation of a major
network air carrier through its wholly owned subsidiaries US Airways, Piedmont Airlines, Inc. ("Piedmont"), PSA Airlines, Inc. ("PSA"),
Material Services Company, Inc. ("MSC") and Airways Assurance Limited ("AAL"). US Airways Group was formed in 1982, and its
origins trace back to the formation of All American Aviation in 1939. US Airways Group's principal executive offices are located at
111 West Rio Salado Parkway, Tempe, Arizona 85281. US Airways Group's telephone number is [phone], and its internet
address is www.usairways.com.
On May 19, 2005, US Airways Group signed a merger agreement with America West Holdings Corporation ("America West
Holdings") pursuant to which America West Holdings merged with a wholly owned subsidiary of US Airways Group. The merger
agreement was amended by a letter of agreement on July 7, 2005. The merger became effective upon US Airways Group's emergence
from bankruptcy on September 27, 2005.
We operate the fifth largest airline in the United States as measured by domestic mainline revenue passenger miles ("RPMs") and
available seat miles ("ASMs"). For the years ended December 31, 2008, 2007 and 2006, passenger revenues accounted for approximately
91%, 93% and 93%, respectively, of our operating revenues. Cargo revenues and other sources accounted for 9%, 7% and 7% of our
operating revenues in 2008, 2007 and 2006, respectively. We have primary hubs in Charlotte, Philadelphia and Phoenix and secondary
hubs/focus cities in New York, Washington, D.C., Boston and Las Vegas. We offer scheduled passenger service on more than 3,100
flights daily to 200 communities in the United States, Canada, Europe, the Caribbean and Latin America. We also have an established
East Coast route network, including the US Airways Shuttle service, with a substantial presence at capacity constrained airports including
New York's LaGuardia Airport and the Washington, D.C. area's Ronald Reagan Washington National Airport. We had approximately
55 million passengers boarding our mainline flights in 2008. During 2008, our mainline operation provided regularly scheduled service or
seasonal service at 135 airports. During 2008, the US Airways Express network served 187 airports in the United States, Canada and
Latin America, including 77 airports also served by our mainline operation. During 2008, US Airways Express air carriers had
approximately 27 million passengers boarding their planes. As of December 31, 2008, we operated 354 mainline jets and are supported
by our regional airline subsidiaries and affiliates operating as US Airways Express either under capacity purchase or prorate agreements,
which operate approximately 238 regional jets and 74 turboprops.
Our results are seasonal. Operating results are typically highest in the second and third quarters due to greater demand for air and
leisure travel during the summer months and our combination of business traffic and North-South leisure traffic in the eastern and
western United States during those periods. For information regarding operating revenue in US Airways Group's and US Airways'
principal geographic areas, see Notes 13 and 12 to their respective financial statements included in Items 8A and 8B of this Form 10-K.
MSC and AAL operate in support of our airline subsidiaries in areas such as the procurement of aviation fuel and insurance.
Available Information
You may read and copy any materials US Airways Group or US Airways files with the Securities and Exchange Commission
("SEC") at the SEC's Public Reference Room at 100 F Street, NE, Washington, DC 20549. You may obtain information on the operation
of the Public Reference Room by calling the SEC at 1-800-SEC-0330. A copy of this Annual Report on Form 10-K, as well as other
Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and amendments to those reports are
accessible free of charge at www.usairways.com and at the SEC's website at www.sec.gov as soon as reasonably possible after the report
is filed with or furnished to the SEC.
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