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US
AIRWAYS TO BUILD CHARLOTTE HANGAR FOR OVERNIGHT
MAINTENANCE
ARLINGTON, Va., July 19, 2000 -- US
Airways’ Board of Directors gave approval today for
construction of a new $10 million hangar in Charlotte to
accommodate overnight maintenance of aircraft.
The 46,000-square foot facility will be
constructed next to existing hangar facilities, which are used
for longer-term "heavy" maintenance. Construction is expected
to be completed in early 2001.
"The Charlotte airport has emerged as a
world-class facility that serves both passenger and
maintenance needs well. With this addition of a new overnight
maintenance facility, it will be even better positioned to
become the leading airport in the Southeast," said US Airways
Chairman Stephen M. Wolf.
United Airlines Chairman and CEO Jim Goodwin
said: "United is committed to increasing service at the
Charlotte hub and to developing it as a competitive
alternative to Atlanta once the merger transaction with US
Airways is completed. This additional line maintenance hangar
will be a welcomed addition at Charlotte."
Gov. Jim Hunt of North Carolina said, "I’m
delighted US Airways is expanding in Charlotte. Our state was
First In Flight and this announcement means North Carolina is
continuing to build on its long legacy in the field of
aviation. We are grateful for US Airways’ commitment to North
Carolina, we are excited about these plans and want to do all
we can to make it a success."
With more than 495 jet and US Airways
Express flights daily serving more than 100 destinations
nonstop, Charlotte is well positioned as a major domestic and
international hub. US Airways enplaned nearly 10 million
passengers at Charlotte in 1999 and has more than 8,500
employees in the Charlotte area.
US Airways, the US Airways Express carriers,
US Airways Shuttle, and low-fare MetroJet fly to 205
destinations worldwide, including 38 states in the U.S.,
Bermuda, Cancun, Grand Cayman, Montego Bay, Nassau, San Juan,
St. Thomas, St. Maarten, St. Croix, and the Canadian
destinations of Toronto, Montreal, Ottawa, Hamilton, and
London, Ontario. US Airways’ transatlantic destinations
include Frankfurt, London, Madrid, Munich, Paris and
Rome.
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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