US Airways Group, Inc. Reports October Traffic

TEMPE, Ariz.--(Business Wire)--
US Airways Group, Inc. (NYSE: LCC) today reported October and
year-to-date 2008 traffic results. Mainline revenue passenger miles
(RPMs) for the month were 4.7 billion, down 3.6 percent from October
2007. Capacity was 5.7 billion available seat miles (ASMs), down 5.2
percent versus October 2007. For the third consecutive month, US
Airways set a monthly record with passenger load factor of 81.9
percent for the month of October 2008 versus 80.5 percent in October
2007.

US Airways President Scott Kirby said, "October consolidated
(mainline and Express) passenger revenue per available seat mile
(PRASM) increased between four and six percent versus the same period
last year. While the long-term impact to passenger demand from a
slowing economy is not yet clear, we continue to believe the magnitude
of industry capacity cuts should offset the impact of a weaker
economic environment."

For the month of October, US Airways' preliminary on-time
performance as measured by the U.S. Department of Transportation was
87.4 percent with a completion factor of 99.3 percent.

The following summarizes US Airways Group's traffic results for
the month and year-to-date ended October 31, 2008 and 2007, consisting
of mainline operated flights as well as US Airways Express flights
operated by wholly owned subsidiaries PSA Airlines and Piedmont
Airlines.

-0-
*T

US Airways Mainline

October

2008 2007 % Change
---------- ---------- --------

Mainline Revenue Passenger Miles
(000)
Domestic 3,822,914 3,980,981 (4.0)
Atlantic 696,471 705,992 (1.3)
Latin 184,428 190,135 (3.0)
---------- ----------
Total Mainline Revenue Passenger
Miles 4,703,813 4,877,108 (3.6)

Mainline Available Seat Miles (000)
Domestic 4,614,040 4,915,351 (6.1)
Atlantic 907,077 912,985 (0.6)
Latin 224,359 233,169 (3.8)
---------- ----------
Total Mainline Available Seat
Miles 5,745,476 6,061,505 (5.2)

Mainline Load Factor (%)
Domestic 82.9 81.0 1.9 pts
Atlantic 76.8 77.3 (0.5)pts
Latin 82.2 81.5 0.7 pts
---------- ----------
Total Mainline Load Factor 81.9 80.5 1.4 pts

Mainline Enplanements
Domestic 4,064,726 4,366,532 (6.9)
Atlantic 177,301 180,803 (1.9)
Latin 159,462 161,247 (1.1)
---------- ----------
Total Mainline Enplanements 4,401,489 4,708,582 (6.5)

YEAR TO DATE

2008 2007 % Change
---------- ---------- --------

Mainline Revenue Passenger Miles
(000)
Domestic 40,603,523 41,744,031 (2.7)
Atlantic 7,554,113 6,979,022 8.2
Latin 3,498,357 3,260,526 7.3
---------- ----------
Total Mainline Revenue Passenger
Miles 51,655,993 51,983,579 (0.6)

Mainline Available Seat Miles (000)
Domestic 49,025,611 50,712,221 (3.3)
Atlantic 9,617,337 8,929,811 7.7
Latin 4,226,362 4,167,224 1.4
---------- ----------
Total Mainline Available Seat
Miles 62,869,310 63,809,256 (1.5)

Mainline Load Factor (%)
Domestic 82.8 82.3 0.5 pts
Atlantic 78.5 78.2 0.3 pts
Latin 82.8 78.2 4.6 pts
---------- ----------
Total Mainline Load Factor 82.2 81.5 0.7 pts

Mainline Enplanements
Domestic 41,620,563 44,578,547 (6.6)
Atlantic 1,935,833 1,788,963 8.2
Latin 2,858,926 2,658,081 7.6
---------- ----------
Total Mainline Enplanements 46,415,322 49,025,591 (5.3)
*T

-0-
*T
Notes:
1) Canada, Puerto Rico and U.S. Virgin Islands are included in the
domestic results.
2) Latin numbers include the Caribbean.

*T

-0-
*T
US Airways Express (Piedmont Airlines, PSA Airlines)

October

2008 2007 % Change
--------- --------- --------

Express Revenue Passenger Miles (000)
Domestic 185,491 187,894 (1.3)

Express Available Seat Miles (000)
Domestic 271,880 271,837 -

Express Load Factor (%)
Domestic 68.2 69.1 (0.9)pts

Express Enplanements
Domestic 692,776 694,282 (0.2)

YEAR TO DATE
2008 2007 % Change
--------- --------- --------

Express Revenue Passenger Miles (000)
Domestic 1,846,191 1,953,782 (5.5)

Express Available Seat Miles (000)
Domestic 2,734,864 2,783,323 (1.7)

Express Load Factor (%)
Domestic 67.5 70.2 (2.7)pts

Express Enplanements
Domestic 6,645,405 6,975,130 (4.7)
*T

-0-
*T
Notes:
1) Canada is included in domestic results.

*T

-0-
*T
Consolidated US Airways Group, Inc.

October

2008 2007 % Change
---------- ---------- ---------

Consolidated Revenue Passenger
Miles (000)
Domestic 4,008,405 4,168,875 (3.8)
Atlantic 696,471 705,992 (1.3)
Latin 184,428 190,135 (3.0)
---------- ----------
Total Consolidated Revenue
Passenger Miles 4,889,304 5,065,002 (3.5)

Consolidated Available Seat Miles
(000)
Domestic 4,885,920 5,187,188 (5.8)
Atlantic 907,077 912,985 (0.6)
Latin 224,359 233,169 (3.8)
---------- ----------
Total Consolidated Available
Seat Miles 6,017,356 6,333,342 (5.0)

Consolidated Load Factor (%)
Domestic 82.0 80.4 1.6 pts
Atlantic 76.8 77.3 (0.5) pts
Latin 82.2 81.5 0.7 pts
---------- ----------
Total Consolidated Load Factor 81.3 80.0 1.3 pts

Consolidated Enplanements
Domestic 4,757,502 5,060,814 (6.0)
Atlantic 177,301 180,803 (1.9)
Latin 159,462 161,247 (1.1)
---------- ----------
Total Consolidated Enplanements 5,094,265 5,402,864 (5.7)

YEAR TO DATE
2008 2007 % Change
---------- ---------- ---------

Consolidated Revenue Passenger
Miles (000)
Domestic 42,449,714 43,697,813 (2.9)
Atlantic 7,554,113 6,979,022 8.2
Latin 3,498,357 3,260,526 7.3
---------- ----------
Total Consolidated Revenue
Passenger Miles 53,502,184 53,937,361 (0.8)

Consolidated Available Seat Miles
(000)
Domestic 51,760,475 53,495,544 (3.2)
Atlantic 9,617,337 8,929,811 7.7
Latin 4,226,362 4,167,224 1.4
---------- ----------
Total Consolidated Available
Seat Miles 65,604,174 66,592,579 (1.5)

Consolidated Load Factor (%)
Domestic 82.0 81.7 0.3 pts
Atlantic 78.5 78.2 0.3 pts
Latin 82.8 78.2 4.6 pts
---------- ----------
Total Consolidated Load Factor 81.6 81.0 0.6 pts

Consolidated Enplanements
Domestic 48,265,968 51,553,677 (6.4)
Atlantic 1,935,833 1,788,963 8.2
Latin 2,858,926 2,658,081 7.6
---------- ----------
Total Consolidated Enplanements 53,060,727 56,000,721 (5.2)
*T

-0-
*T
Notes:
1) Canada, Puerto Rico and U.S. Virgin Islands are included in the
domestic results.
2) Latin numbers include the Caribbean.

*T

US Airways is also providing a brief update on notable company
accomplishments during the month of October:

-- Announced three new trans-Atlantic flights to begin in Spring
2009: Birmingham, U.K., and Oslo, Norway, service from
Philadelphia and Paris from Charlotte, N.C. Trans-Atlantic
flying in 2009 will total 27 daily flights to 23 destinations.

-- Raised approximately $950 million in financing and near-term
liquidity commitments, of which approximately $800 million
closed on October 20, 2008. $400 million of the proceeds was
used to prepay the Company's $1.6 billion bank debt facility,
which reduced the airline's unrestricted cash covenant to $850
million from $1.25 billion. Approximately $370 million, after
bank and service fees, was used to increase the airline's
total cash position and will be used for general corporate
purposes. The remaining $150 million of liquidity commitments
is expected to close during the fourth quarter, with cash
benefits realized through 2009.

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
our customers 18,000 daily flights to 965 destinations in 162
countries worldwide. In the first eight months of 2008, US Airways
ranked first in on-time performance among the ten largest U.S.
carriers according to the Department of Transportation's Air Travel
Consumer Report. And for the tenth consecutive year, the airline
received a Diamond Award for maintenance training excellence from the
Federal Aviation Administration (FAA) for its Charlotte, North
Carolina hub line maintenance facility. For more company information,
visit usairways.com. (LCCT)

Forward Looking Statements

Certain of the statements contained herein 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," "could,"
"should," and "continue" and similar terms used in connection with
statements regarding the outlook, expected fuel costs, revenue and
pricing environment, and expected financial performance of US Airways
Group (the "Company"). Such statements include, but are not limited
to, statements about the benefits of the business combination
transaction involving America West Holdings Corporation and US Airways
Group, including future financial and operating results, the Company's
plans, objectives, expectations and intentions, and other statements
that are not historical facts. These statements are based upon the
current beliefs and expectations of the Company's management and are
subject to significant risks and uncertainties that could cause the
Company's actual results and financial position to differ materially
from these statements. Such risks and uncertainties include, but are
not limited to, the following: the impact of future significant
operating losses; changes in prevailing interest rates and increased
costs of financing; the impact of economic conditions; the Company's
high level of fixed obligations (including compliance with financial
covenants related to those obligations) and the ability of the Company
to obtain and maintain any necessary financing for operations and
other purposes; the ability of the Company to maintain adequate
liquidity; labor costs, relations with unionized employees generally
and the impact and outcome of the labor negotiations; the impact of
high fuel costs, significant disruptions in fuel supply and further
significant increases to fuel prices; reliance on vendors and service
providers and the ability of the Company to obtain and maintain
commercially reasonable terms with those vendors and service
providers; reliance on automated systems and the impact of any failure
or disruption of these systems; the impact of changes in the Company's
business model; the impact of industry consolidation; competitive
practices in the industry, including significant fare restructuring
activities, capacity reductions or other restructuring or
consolidation activities by major airlines; the ability to attract and
retain qualified personnel; the impact of global instability including
the potential impact of current and future hostilities, terrorist
attacks, infectious disease outbreaks or other global events;
government legislation and regulation, including environmental
regulation; the Company's ability to obtain and maintain adequate
facilities and infrastructure to operate and grow the Company's
network; costs of ongoing data security compliance requirements and
the impact of any data security breach; interruptions or disruptions
in service at one or more of the Company's hub airports; the impact of
any accident involving the Company's aircraft; delays in scheduled
aircraft deliveries or other loss of anticipated fleet capacity;
security-related and insurance costs; weather conditions; the cyclical
nature of the airline industry; the impact of foreign currency
exchange rate fluctuations; the ability to use pre-merger NOLs and
certain other tax attributes; ability to complete the integration of
labor groups; the ability to maintain contracts critical to the
Company's operations; the ability of the Company to attract and retain
customers; and other risks and uncertainties listed from time to time
in the Company's reports to the SEC. There may be other factors not
identified above of which the Company is not currently aware that may
affect matters discussed in the forward-looking statements, and may
also cause actual results to differ materially from those discussed.
The Company assumes no obligation to publicly update any
forward-looking statement to reflect actual results, changes in
assumptions or changes in other factors affecting such estimates other
than as required by law. Additional factors that may affect the future
results of the Company are set forth in the section entitled "Risk
Factors" in the Company's Report on Form 10-Q for the quarter ended
September 30, 2008 and in the Company's filings with the SEC, which
are available at www.usairways.com

US Airways Group, Inc.
Dan Cravens, 480/693-5729

Copyright Business Wire 2008