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US
AIRWAYS: OBERSTAR MISREPRESENTS GAO REPORT
ARLINGTON, Va., Dec. 20, 2000 -- US
Airways issued the following statement in response to Rep.
James Oberstar’s release today of a General Accounting Office
report on the US Airways-United Airlines
merger:
"Congressman Oberstar has stretched the GAO
report to serve his own agenda. He has used it to make a
statement that has no basis in that report – or in reality:
that it would be better for US Airways
to close its doors than for this merger to be approved. This
statement is an insult to US Airways’ 45,000
employees and their families, reflects a careless disregard
for the 202 communities US Airways serves – and
in no way is supported by the GAO’s report. His suggestion is
as baseless as it is reckless. It may serve Mr. Oberstar’s
parochial interests – but it does not take into account the
jobs of tens of thousands of workers in other states, the
communities they serve – or the actual findings of the GAO
report itself.
"That report, while raising questions about
the United-US Airways merger in some respects,
does acknowledge that the "merger would benefit consumers in
three major ways," including expanding competition in numerous
markets, improving service for many consumers, and enhancing
opportunities for frequent flyers. Given that the report, on
its own terms, failed to take into account US
Airways’ financial position – and given that the status
quo is not an option – the GAO’s mixed review of the merger,
based on this partial data, is no surprise. Rep. Oberstar’s
efforts to stretch these findings for his political benefit
may also not be a surprise, but it is certainly
disappointing."
Reporters needing additional information should
contact US Airways Corporate Communications at
(703) 872-5100.
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