US AIRWAYS SHAREHOLDERS OVERWHELMINGLY
APPROVE MERGER WITH UNITED AIRLINES

WASHINGTON, D.C., Oct. 12, 2000 -- With 98.5 percent voting in favor, shareholders of US Airways Group, Inc., voted overwhelmingly today to approve the proposed merger of US Airways and United Airlines, adding their voices of support to those of a large number of Congressional and community leaders.

"This is an important day for the future of US Airways, our shareholders, employees, customers and the communities we serve. US Airways’ merger with United’s world-wide system will bring enormous benefits to communities all across our system as well as new competition in hundreds of markets," US Airways Chairman Stephen M. Wolf said.

Wolf noted that more than 50 members of Congress have expressed support for the merger, either through letters to regulatory authorities or public statements.

"These members of Congress understand the importance of expanded and continuous service to communities both large and small and thus to the economic well-being of their constituents," Wolf said. "This merger also includes an unprecedented guarantee of jobs for US Airways employees in communities all across the country."

A central feature of the merger is the creation of a strong new-entrant carrier, DC Air, to serve Washington’s Reagan National Airport, maintaining links to 44 communities currently served by US Airways from the airport.

The results of the vote, announced at the conclusion of a shareholders’ meeting this morning at Washington, D.C.’s Capital Hilton Hotel, were 40,672,007 shares voted in favor and 619,307 shares voted in opposition. The merger proposal required a positive majority of the 67,062,027 shares outstanding as of the record date of August 21, 2000 to pass. With 60.65 percent of shares outstanding as of the record date being voted in favor, the measure overwhelmingly passed. Of those voting, 98.5 percent voted in favor.

With the positive vote of US Airways’ shareholders, key remaining steps in the merger process include approvals by U.S. Department of Justice and the European Commission and a review by state attorneys general.

Upon completion of the merger, US Airways shareholders will receive $60 for each share of US Airways stock. Among the features of the merger are guaranteed service to all communities on the US Airways system and guaranteed jobs for US Airways employees.

Reporters needing additional information should contact US Airways Corporate Communications at (703) 872-5100.