US Airways 2011 Annual Report Download - page 112

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Table of Contents
Item 8B. Consolidated Financial Statements and Supplementary Data of US Airways, Inc.
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, 2011 and 2010,
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, 2011. 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, 2011 and 2010, and the results of their operations and their cash flows for each of the years in the three-year period ended
December 31, 2011, in conformity with U.S. generally accepted accounting principles.
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, 2011, based on criteria established in Internal Control-Integrated Framework, issued by the Committee of
Sponsoring Organizations of the Treadway Commission (COSO), and our report dated February 21, 2012 expressed an unqualified opinion on the
effectiveness of US Airways' internal control over financial reporting.
/s/ KPMG LLP
Phoenix, Arizona
February 21, 2012
109