BNET Industries
Market Cap:$567.0M
Last Fiscal Year Sales:$12.1B
- Public
- US
Dow Jones Description
US Airways Group, Inc., a holding company, provides airline services in the United States and internationally. As of December 31, 2005, it operated 232 jet aircrafts and 18 regional jet aircrafts. US Airways is the fifth largest domestic airline employing nearly 35,000 aviation professionals worldwide. US Airways, US Airways Shuttle and US Airways Express operate approximately 3,800 flights per day and serve more than 230 communities in the U.S., Canada, Europe, the Caribbean and Latin America. The new US Airways -- the product of a merger between America West and US Airways in September 2005 -- is a member of the Star Alliance, which provides connections for our customers to 841 destinations in 157 countries worldwide.
President & CEO, PSA
Keith D. HoukNumber of Employees 37,500
Contact Information
111 West Rio Salado Parkway
Tempe, Arizona 85281
(480) 693-0800
Peer Companies
NAICS Code Scheduled Passenger Air Transportation: 481111
Recent Events
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US Airways, TACA Air in code-share pact
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US Airways To Defer Aircraft Delivery To Boost Liquidity - Update
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Taking Fido on Your Trip? There's a Drug for That.
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US Airways, Southwest take different odds on Las Vegas flights
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US Airways appoints vice president of business technology delivery
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Sector Snap: Airline stocks rise
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Top Lawyer 'Ceases' to Ride the Friendly Skies
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3 Stocks in a Tailspin
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American Airlines, US Airways plan job cuts
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Reporting Suspicious Behavior
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US Airways: No cutbacks for Charlotte
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Earnings Preview: US Airways likely to report loss
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Barbados Vacation Packages On Sale
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BRIEF-Barclays revises ratings, targets on U.S. airline cos
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Air India to rejig flight schedule
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Read More>>
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REPS. HINCHEY, ARCURI, MASSA URGE SECRETARY LAHOOD TO APPROVE DEAL THAT WOULD LAUNCH NON-STOP AIR...
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Manchester airport Q&A: Luring JetBlue, possible effects of the Delta-US Airways slot swap
News & Analysis
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investment and us airways group inc. - All News and Analysis
US Airways Walks Away From Las Vegas, Slashes Jobs
US Airways has announced its latest "Strategic Plan" to try and create a more profitable airline. Let's be honest here. They are simply finishing the job they started during the merger with America West and rallying around their hubs. Apparently, the US Airways strategy is to keep...
Travel Roundup: Hyatt Hotels' IPO, Legalizing Cuban Travel, MGM Mirage Changes Management and More
Hyatt Hotels Corp. to go public with IPO -- Hyatt Hotels Corp. said it filed a registration statement with the SEC proposing an initial public offering of its shares valued at $1.15 billion. So far, no date was given for the IPO. Hyatt, a Chicago-based company that has 413 properties in 45 countries, is...
US Airways Group, Inc. Q2 2009 Earnings Call Transcript
Question-and-Answer Session Operator Operator Instructions Your first question comes from the line of William Greene – Morgan Stanley William Greene – Morgan Stanley I was wondering if I could talk a little bit more about liquidity, if we look forward what other options do you have, can you...
US Airways Group Inc raises USD950m in financing and liquidity commitments
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD US Airways Group Inc (NYSE:LCC) declared on 23 October that it has raised approximately USD950m of financing and near-term liquidity commitments, as part of a comprehensive liquidity programme that was announced in August. The company closed on USD800m of these transactions, with...
US Airways Group, Inc. Secures $950 Million in Financing and Liquidity Commitments
TEMPE, Ariz. -- US Airways Group, Inc. (NYSE: LCC) announced today that as part of a comprehensive liquidity program launched in mid August, the Company has raised approximately $950 million of financing and near-term liquidity commitments. On October 20, 2008 the Company closed on $800 million of these transactions with...
US Airways Group, Inc. Reports Third Quarter 2008 Results
Highlights of US Airways Group, Inc.'s (the Company's) third quarter 2008 results: * Excluding special charges, the Company reported a net loss of $242 million or $2.35 per share. The decline in earnings was driven primarily by higher oil prices. Holding fuel prices constant at third quarter 2007 prices...
Seabury Serves as Financial Advisor to US Airways Group, Inc. in Completing $950 Million of Financings
NEW YORK -- 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...
North America Aviation Sectors: A Company And Industry Analysis - US Passenger And Freight Airlines Earned An Estimated US$5 Billion In 2007
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/3a8382/north_america_avia) has announced the addition of the "North America Aviation Sectors : A Company and Industry Analysis (July 2008)" report to their offering. This report updates the previous North American aviation report, focusing on the markets in Canada and the United States ...
Pilots Say US Airways Still Unable To Complete Its Merger With America West After Three Years
CHARLOTTE, N.C. -- September 27th marked three full years in which US Airways Management has failed to complete the US Airways/America West Merger. The US Airline Pilots Association USAPA notes that the airline is entangled in labor disputes, law suits, and customer service issues and Management so far seems incapable...
US Airways' flight attendants' union criticises stock appreciation grants for top executives
AIRLINE INDUSTRY INFORMATION-C1997-2008 M2 COMMUNICATIONS LTD The Association of Flight Attendants-CWA (AFA-CWA) released a statement on the 20 August stating that flight attendants at US Airways are outraged over an announcement by the airline that seven of its executives were recently awarded stock appreciation grants worth, allegedly, several million...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Keith D. Houk | President & CEO, PSA |
| Steve Farrow | President & CEO, Piedmont |
| Scott Kirby | President |
| Derek J. Kerr | CFO & Senior Vice President |
| Jeffrey D. McClelland | Chief Admin Officer & Executive Vice President |
| Joe Beery | Senior Vice President & CIO |
| Robert Isom | Chief Operating Officer and Executive Vice President |
| Elizabeth K. Lanier | General Counsel, Executive Vice President, Corp Affairs & Secretary |
| Andrew P. Nocella | Senior Vice President, Scheduling & Planning |
| Anthony Mule | Senior Vice President, Customer Service |
| Ben B. Baldanza | Senior Vice President, Marketing |
| C.A. Howlett | Senior Vice President, Public Affairs |
| Edward W. Bular | Senior Vice President, Flight Operations & Inflight |
| Elise R. Eberwein | Senior Vice President, Corp Communications |
| Hal M. Heule | Senior Vice President, Technical Operations |
| Janet Dhillon | General Counsel & Senior Vice President |
| Al Hemenway | Vice President, Labor Relations |
| Bill Trousdale | Vice President, Labor Relations |
| Brad Beakley | Vice President, Reservations & Inventory Services |
| Dave Seymour | Vice President, Operations Control and Planning |
| Dion Flannery | Vice President, Finance Analysis |
| Donna Paladini | Vice President, Customer Service |
| John M. Hedblom | Vice President, HR |
| Joseph Chronic | Vice President, Flight Operations Integration |
| Kara L. Gin | Vice President, Finance Planning |
| Kerry Hester | Vice President |
| Kerry J. Carstairs | Vice President, Reservations |
| Larry Lambert | Vice President, Real Estate |
| Michael J. Minerva | Vice President, Legal |
| Michael R. Carreon | Vice President & Controller |
| Paul Lambert | Vice President, Corporate Real Estate |
| Paul LeSueur | Vice President, Culture Integration |
| Paul Morell | Vice President, Safety & Regulatory Compliance |
| Randy L. Richards | Vice President, Cargo |
| Rick O. Oehme | Vice President, Engineering & Quality |
| Ron L. Cole | Vice President, Inflight Services |
| Ross Bonanno | Vice President |
| Sherri Shamblin | Vice President |
| Thomas Chapman | Vice President, Congressional & Federal Affairs |
| Thomas Trenga | Vice President, Revenue Management |
| Tom Weir | Vice President & Treasurer |
| John M. Reistrup | Director, Marketing |
| Philip Gee | Manager, Media Relations |
| Anita P. Beier | Senior Vice President, Finance & Controller |
| Chris Chiames | |
| James E. Walsh | Compliance Officer |
| Jerrold A. Glass | |
| John Prestifilippo | |
| Stephen L. Morrell | Treasurer |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| W. Douglas Parker | Chairman & CEO |
| Bruce R. Lakefield | Vice Chairman |
| Cheryl Krongard | Board of Directors |
| Denise M. O'Leary | Board of Directors |
| Edward L. Shapiro | Board of Directors |
| George M. Philip | Board of Directors |
| George M. Phillip | Board of Directors |
| Hans Mirka | Board of Directors |
| Herbert M. Baum | Board of Directors |
| J. Steven Whisler | Board of Directors |
| Matthew J. Hart | Board of Directors |
| Richard Bartlett | Board of Directors |
| Richard C. Kraemer | Board of Directors |
| Richard P. Schifter | Board of Directors |
| Robert A. Milton | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| PSA Airlines, Inc. | President & CEO | Current |
| US Airways Group, Inc. | President & CEO, PSA | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | President & CEO, Piedmont | Current |
Doug Parker is chairman and chief executive officer of US Airways Group. US Airways is a $12 billion international airline headquartered in Tempe, Arizona. Parker became chairman and CEO upon the merger of US Airways and America West Airlines in September 2005. Prior to the merger, Parker was chairman, president and chief executive officer of America West Holdings Corporation. Parker joined America West in June 1995 as senior vice president and chief financial officer and was elected chairman, president and chief executive officer in September 2001. Prior to joining America West, Parker spent four years with Northwest Airlines as vice president and assistant treasurer, and vice president of financial planning and analysis. From 1986 to 1991, he held a number of financial management positions with American Airlines. Parker, 47, received a Bachelor of Arts degree in economics from Albion College in 1984 and an MBA from Vanderbilt University in 1986. He and his wife, Gwen, have three children and reside in Paradise Valley, Arizona.
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Chairman & CEO | Current |
| Arizona Public Service Company | Board of Directors | Current |
Scott Kirby was appointed US Airways’ president in September 2006. During his time at the airline, Scott’s most recent position was as US Airways’ executive vice president, sales and marketing, a position he held at America West Airlines prior to the two carriers’ September 2005 merger. He assumes the responsibility of airport customer service, and labor relations as well as overall responsibility for flight operations, maintenance and safety functions. He also oversees pricing, scheduling/planning, marketing, alliances, distribution, reservations and information technology. He joined America West in 1995 as senior director, scheduling and planning and was promoted to vice president, planning in October 1997. Kirby was named vice president, revenue management in May 1998 and senior vice president, e-business in early 2000. Prior to joining America West, Kirby worked for Sabre Decision Technologies (SDT), a subsidiary of AMR Corp, and worked at the Pentagon prior to SDT. Kirby earned bachelor degrees in computer science and operations research from the U.S. Air Force Academy and a Master of Science degree in operations research from George Washington University.
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | President | Current |
| LodgeNet Interactive Corporation | Board of Directors | Current |
| US Airways Group, Inc. | Executive Vice President, Sales and Marketing | Former |
| America West Airlines, Inc. | Executive Vice President, Sales and Marketing | Former |
| America West Airlines, Inc. | Senior Vice President, e-business | Former |
| America West Airlines, Inc. | Vice President, Revenue Management | Former |
| America West Airlines, Inc. | Vice President, Planning | Former |
| America West Airlines, Inc. | Senior Director, Scheduling and Planning | Former |
| The George Washington University | M.S., Operations Research | Former |
| United States Air Force Academy | Bachelor Degrees, Computer Science and Operations Research | Former |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | CFO & Senior Vice President | Current |
| America West Airlines, Inc. | CFO & Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Chief Admin Officer & Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Senior Vice President & CIO | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Chief Operating Officer and Executive Vice President | Current |
| Northwest Airlines Corporation | Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | General Counsel, Executive Vice President, Corp Affairs & Secretary | Current |
| Frost Brown Todd LLC | Former | |
| Columbia University | J.D. degree | Former |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Senior Vice President, Scheduling & Planning | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Senior Vice President, Customer Service | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Senior Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Senior Vice President, Public Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Senior Vice President, Flight Operations & Inflight | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Senior Vice President, Corp Communications | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Senior Vice President, Technical Operations | Current |
Janet L. Dhillon is executive vice president, general counsel and secretary. Janet joined JCPenney in 2009, and previously held the role of senior vice president, general counsel and chief compliance officer for US Airways. She spent 13 years at Skadden, Arps, Slate, Meagher & Flom LLP before joining US Airways’ legal department in 2004.
| Organization | Position | Status |
|---|---|---|
| J.C. Penney Company, Inc. | Executive Vice President | Current |
| J.C. Penney Company, Inc. | General Counsel | Current |
| J.C. Penney Company, Inc. | Secretary | Current |
| US Airways Group, Inc. | General Counsel & Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Labor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Labor Relations | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Reservations & Inventory Services | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Operations Control and Planning | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Finance Analysis | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Customer Service | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Flight Operations Integration | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Finance Planning | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President | Current |
| Northwest Airlines Corporation | Managing Director | Former |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Reservations | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Real Estate | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Legal | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President & Controller | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Corporate Real Estate | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Culture Integration | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Safety & Regulatory Compliance | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Cargo | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Engineering & Quality | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Inflight Services | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Congressional & Federal Affairs | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President, Revenue Management | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice President & Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Director, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Manager, Media Relations | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Senior Vice President, Finance & Controller | Current |
| American Commercial Lines Inc. | chief financial officer | Former |
| CSX Corporation | vice president, financial planning | Former |
| Federal Railroad Administration | economist | Former |
| University of Maryland | master's in business administration | Former |
| Organization | Position | Status |
|---|---|---|
| Center for Early Defibrillation | Executive Director | Current |
| F&H Solutions Group LLC. | Communications Consultant | Current |
| US Airways Group, Inc. | Current | |
| Burson-Marsteller | Former | |
| Harvard University | Master of Public Administration Degree | Former |
| University of Maryland | Master of Arts In Journalism, Political Communication | Former |
| California State University | bachelor of arts degree in journalism | Former |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Compliance Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Ford and Harrison Llp | Current | |
| US Airways Group, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Treasurer | Current |
| Duke University | master's degree in business administration with a concentration in finance | Former |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Vice Chairman | Current |
| US Airways Group, Inc. | President & CEO | Former |
| United States Naval Academy | bachelor of science degree | Former |
Cheryl Gordon Krongard, age 52, has been a director of Legg Mason since January 2006 and is engaged in private investment activities. Ms. Krongard served as a senior partner of Apollo Management, L.P., a private investment company from January 2002 to December 2004. Ms. Krongard is a director of US Airways Group Inc.
| Organization | Position | Status |
|---|---|---|
| Apollo Management L.P. | Senior Partner | Current |
| Legg Mason, Inc. | Private Investor | Current |
| US Airways Group, Inc. | Board of Directors | Current |
| Legg Mason, Inc. | Board of Directors | Current |
| Mount Sinai Medical Center | Board of Directors | Current |
| Educate, Inc. | Board of Directors | Current |
Since 1996, Ms. O'Leary has been a private venture capital investor in Woodside, California. From 1983 to 1996, Ms. O'Leary was an associate, then general partner, at Menlo Ventures, a venture capital firm that provides long-term capital and management services primarily to development-stage companies in such industries as Internet infrastructure, semiconductors, software, financial services, and computer hardware. Prior to 1983, Ms. O'Leary held various positions of increasing responsibility in manufacturing engineering and management positions at Spectra Physics, Inc. Ms. O'Leary earned an M.B.A. from Harvard Business School in 1983 and has an industrial engineering degree from Stanford University. She is also a director at Medtronic, Inc. and US Airways Group, Inc. She serves as chair of the Nominating and Governance Committee and is also a member of the Compensation Committee.
| Organization | Position | Status |
|---|---|---|
| Calpine Corporation | Chair, Nominating and Governance Committee & Member, Compensation Committee | Current |
| US Airways Group, Inc. | Board of Directors | Current |
| Medtronic, Inc. | Board of Directors | Current |
| Menlo Ventures | Partner | Former |
| Menlo Ventures | Associate | Former |
| Calpine Corporation | Board of Directors | Former |
| Stanford University | Degree | Former |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Board of Directors | Current |
George M. Philip, 60, has been a director since 2007. He recently retired as Executive Director of the New York State Teachers’ Retirement System where he continues to serve as an investment advisor. He is the Interim President of the State University of New York at Albany and is a member of the Board of Directors of US Airways Group, Inc.
| Organization | Position | Status |
|---|---|---|
| First Niagara Financial Group, Inc. | Board of Directors | Current |
| US Airways Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Board of Directors | Current |
Mr. Whisler, 53, retired in March 2007 as the Chairman and Chief Executive Officer of Phelps Dodge Corporation, Phoenix, Arizona (mining and manufacturing company), a position he had held since November 2003. Previously, Mr. Whisler was Chairman, President and Chief Executive Officer of Phelps Dodge Corporation from May 2000 to October 2003. He is also a Director of US Airways Group, Inc. (and its principal subsidiaries, America West Airlines, Inc. and US Airways, Inc.), Brunswick Corporation and International Paper Company.
| Organization | Position | Status |
|---|---|---|
| Phelps Dodge Corporation | Chief Executive Officer | Current |
| Amax Research & Development Inc. | CEO | Current |
| Bnsf Railprices | Current | |
| Phelps Dodge Corporation | Chairman | Current |
| Brunswick Corporation | Board of Directors | Current |
| SBC Communications, Inc. | Board member | Current |
| Burlington Northern Santa Fe Corporation | Board of Directors | Current |
| US Airways Group, Inc. | Board of Directors | Current |
| Phelps Dodge Energy Services, LLC | CEO | Former |
| Phelps Dodge Industries, Inc. | CEO | Former |
| SBC Communications, Inc. | Chief Executive Officer | Former |
| Cyprus Amax Minerals Company | CEO | Former |
| Phelps Dodge Corporation | President | Former |
| Phelps Dodge Mining Company | President | Former |
| University of Denver Sturm College of Law | J.D. Degree | Former |
| Colorado Inc | D.Sc. Degree In Engineering | Former |
| Colorado Inc | M.S. Degree In Mineral Economics | Former |
| University of Colorado | B.S. Degree In Business | Former |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| US Airways Group, Inc. | Board of Directors | Current |
Executive News
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U.S. Airways has no plans to cut U.S. capacity
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U.S. airlines see traffic decline in June
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Airline stocks down
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Airlines report steep drops in June revenue
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Airline stocks jump on falling oil prices
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US Airways Group, Inc. Reports Record June Load Factor
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US Airways Group, Inc. Reports Record June Load Factor
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Legg Mason, Inc.
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Legg Mason's Fetting nets $6.5M in 2009 compensation
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Legg Mason's Fetting nets $6.5M in 2009 compensation
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The ACLU's Man From the FBI
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