US Airways 2010 Annual Report Download - page 4

Download and view the complete annual report

Please find page 4 of the 2010 US Airways annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 169

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169

Table of Contents
This combined Annual Report on Form 10-K is filed by US Airways Group, Inc. ("US Airways Group") and its wholly owned
subsidiary US Airways, Inc. ("US Airways"). References in this Annual Report on 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, among others, our outlook, expected fuel costs, the revenue and pricing environment, and our expected
financial performance and liquidity position. These statements include, but are not limited to, statements about future financial and
operating results, our 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 our
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 Part I, Item 1A, "Risk Factors" and 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 impact of the price and availability of fuel and significant disruptions in the supply of aircraft fuel;
our high level of fixed obligations and our ability to fund general corporate requirements, obtain additional financing and respond
to competitive developments;
any failure to comply with the liquidity covenants contained in our financing arrangements;
provisions in our credit card processing and other commercial agreements that may affect our liquidity;
the impact of union disputes, employee strikes and other labor-related disruptions;
our inability to maintain labor costs at competitive levels;
interruptions or disruptions in service at one or more of our hub airports;
our reliance on third-party regional operators or third-party service providers;
our reliance on and costs of third-party distribution channels, including those provided by global distribution systems and online
travel agents;
changes in government legislation and regulation;
our reliance on automated systems and the impact of any failure or disruption of these systems;
the impact of changes to our business model;
competitive practices in the industry, including the impact of industry consolidation;
the loss of key personnel or our ability to attract and retain qualified personnel;
the impact of conflicts overseas or terrorist attacks, and the impact of ongoing security concerns;
our ability to operate and grow our route network;
the impact of environmental laws and regulations;
costs of ongoing data security compliance requirements and the impact of any data security breach;
the impact of any accident involving our aircraft or the aircraft of our regional operators;
delays in scheduled aircraft deliveries or other loss of anticipated fleet capacity;
3