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US AIRWAYS
STATEMENT
ARLINGTON, Va., July 27, 2000 --
US Airways issued the following statement in
response to the comments made on July 26 by Senators McCain
and Gorton on the proposed US Airways-United
Airlines merger:
The professionals at the Department of
Justice, with the advice of the Department of Transportation,
are in the process of analyzing and evaluating the proposed US
Airways-United Airlines merger. The state Attorneys General
are conducting their own reviews. US Airways is actively
participating in these processes and is confident that the
merger will bring overwhelming consumer benefits and great
opportunities for the communities we serve. Moreover, it will
bring a vibrant new entrant into the marketplace in the form
of DC Air and provides an unprecedented guarantee of job
security for the more than 40,000 US Airways employees. We
fully believe that these governmental reviews will come to the
positive conclusion that this merger is in the public interest
and will significantly enhance domestic and international
competition.
Participant
Information
In connection with the merger of US Airways
with a wholly-owned subsidiary of UAL Corporation, US Airways
filed a preliminary proxy statement on Schedule 14A with the
United States Securities and Exchange Commission (the "SEC")
on July 6, 2000. STOCKHOLDERS OF US AIRWAYS ARE URGED TO READ
THE DEFINITIVE PROXY STATEMENT WHEN IT BECOMES AVAILABLE
BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION. Information
concerning participants in the solicitation of proxies by US
Airways from stockholders to approve the merger, as well as
information on how you can get the definitive proxy statement
for free, when it becomes available, and other relevant
documents, on the SEC web site is contained in the Schedule
14A filed by US Airways with the SEC pursuant to Rule 14a-12
of the Securities Exchange Act of 1934, as amended, on May 25,
2000.
Reporters needing additional information should
contact US Airways Corporate Communications at
(703) 872-5100.
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