Seabury Serves as Financial Advisor to US Airways Group, Inc. in Completing $950...

Seabury Serves as Financial Advisor to US Airways Group, Inc. in Completing $950 Million of Financings

NEW YORK--(Business Wire)--
Seabury Group LLC's broker-dealer unit, Seabury Securities LLC,
today announced that it served as financial advisor to US Airways
Group, Inc. in securing $950 million of new financing through a series
of transactions with several of the company's strategic business
partners. This follows the August 2008 successful $179 million common
equity offering for which Seabury also advised US Airways.

Since being retained by US Airways in mid-summer, Seabury has
assisted the company in securing a total of approximately $1.1 billion
in new financing and financing commitments. During that same period,
the airline industry has been buffeted by a deep credit crisis and
significant challenges arising from severe fluctuations in fuel costs
and changes in global travel demand.

"Seabury appreciates the opportunity to work with US Airways to
structure these important agreements which help put the company in a
much stronger financial position for the future," said John E. Luth,
Seabury Group Chairman, President, and CEO. "The fact that US Airways
has raised over $1 billion since it announced second quarter earnings
demonstrates the kind of cooperation that is possible, even in an
extremely challenging industry environment and during an unprecedented
global credit crisis."

US Airways Chief Financial Officer Derek Kerr said, "On behalf of
the entire US Airways leadership team, we thank Seabury Group CEO John
Luth and the Seabury team for their outstanding work as our financial
advisor."

US Airways, along with US Airways Shuttle and US Airways Express,
operates approximately 3,200 flights per day and serves 200
communities in the U.S., Canada, Europe, the Caribbean, and Latin
America. The airline employs more than 34,000 aviation professionals
worldwide and is a member of the Star Alliance network, which offers
customers 18,000 daily flights to 965 destinations in 162 countries
worldwide. For more information, please visit http://www.usairways.com

About Seabury

Seabury Securities LLC is the U.S. broker-dealer subsidiary of the
Seabury Group LLC, whose flagship operating unit, Seabury Aviation &
Aerospace LLC ("Seabury"), is the largest investment banking and
advisory practice serving aviation, aerospace, and cargo. Through its
175 professionals based in 11 offices on four continents, Seabury
provides advisory services spanning investment banking, corporate
transformation, management consulting, and IT development and
consulting.

Seabury was awarded Airfinance Journal's "North American Deal of
the Year" for the $750 million equity offering structured and placed
for Northwest Airlines in 2007. Seabury has now advised over 200
clients worldwide in over 450 engagements spanning Africa, Australia,
Asia, Europe, the Middle East, and the United States.

Seabury Group also provides similar services covering maritime and
the financial services industries.

For more information, please visit: http://www.seaburygroup.com

Seabury Group LLC
Karen C. Cook, +1 212 475 8132
Director of Communications
kcook@seaburygroup.com

Copyright Business Wire 2008