US Airways Group Inc. was an

airline An airline is a company that provides air transport services for traveling passengers and freight. Airlines use aircraft to supply these services and may form partnerships or alliances with other airlines for codeshare agreements, in wh ...

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

based in

Tempe, Arizona , settlement_type = City , named_for = Vale of Tempe , image_skyline = Tempeskyline3.jpg , imagesize = 260px , image_caption = Tempe skyline as se ...

. US Airways Group operated

US Airways US Airways (formerly USAir) was a major United States airline that operated from 1937 until its merger with American Airlines in 2015. It was originally founded in Pittsburgh as a mail delivery airline called All American Aviation, which soon ...

, along with its subsidiaries PSA Airlines, Inc. and Piedmont Airlines, Inc., which are wholly owned but marketed under the branding of US Airways Express. It merged with America West Holdings Corporation, parent of America West Airlines, in 2005, and the combined company adopted the better-known US Airways name; the two airlines' operating certificates merged in 2007. It also operates additional companies that provide associated services.

ACE Aviation Holdings ACE Aviation Holdings Inc. is a Canadian holding company that is the former parent company of Air Canada. It is headquartered in Montreal. In 2012, the company signified its intent to dissolve, but is still undergoing liquidation as of 2020. Hi ...

, the

Canadian Canadians (french: Canadiens) are people identified with the country of Canada. This connection may be residential, legal, historical or cultural. For most Canadians, many (or all) of these connections exist and are collectively the source of ...

parent of

Air Canada Air Canada is the flag carrier and the largest airline of Canada by the size and passengers carried. Air Canada maintains its headquarters in the borough of Saint-Laurent, Montreal, Quebec. The airline, founded in 1937, provides scheduled an ...

retained a roughly 6.1% investment stake in US Airways Group. The route network covered destinations in 47 states, as well as international destinations. The company merged with

AMR Corporation AMR Corporation was an airline holding company based in Fort Worth, Texas, which was the parent company of American Airlines, American Eagle Airlines, AmericanConnection and Executive Airlines. AMR filed for Chapter 11 bankruptcy protect ...

; the combined business began trading under the new name of

American Airlines Group American Airlines Group Inc. is an American publicly traded airline holding company headquartered in Fort Worth, Texas. It was formed on December 9, 2013, by the merger of AMR Corporation, the parent company of American Airlines, and US Airways ...

on December 9, 2013. The combined airlines formed the largest airline in the world. US Airways' CEO,

Doug Parker William Douglas Parker (b. October 31, 1961) is an American businessman who was the Chairman of American Airlines Group, Inc., the parent company of American Airlines. Early life and education Parker grew up in Michigan and received a BA in ...

, became CEO of the new company.

History

Founding and Name Changes

US Airways traces its history to

All American Aviation All American Aviation was an airline company founded by Lytle Schooler Adams in 1937. It evolved over the decades to become Allegheny Airlines, then USAir and subsequently US Airways, with the latter's merger with American Airlines in 2013 creat ...

Inc, a company founded in 1939 by

du Pont family The du Pont family () or Du Pont family is a prominent American family descended from Pierre Samuel du Pont de Nemours (1739–1817). It has been one of the richest families in the United States since the mid-19th century, when it founded its f ...

brothers Richard C. du Pont and Alexis Felix du Pont, Jr. Headquartered in

Pittsburgh Pittsburgh ( ) is a city in the Commonwealth of Pennsylvania, United States, and the county seat of Allegheny County. It is the most populous city in both Allegheny County and Western Pennsylvania, the second-most populous city in Pennsylva ...

, the airline served the Ohio River valley in 1939. In 1949 the company was renamed All American Airways as it switched from

airmail Airmail (or air mail) is a mail transport service branded and sold on the basis of at least one leg of its journey being by air. Airmail items typically arrive more quickly than surface mail, and usually cost more to send. Airmail may be t ...

to passenger service; it changed its name again to Allegheny Airlines on January 1, 1953. In 1979, Allegheny changed its name to USAir, and in February 1997, to US Airways.

US Airways/America West merger

In August 2002, US Airways Group Inc. filed for bankruptcy protection in an effort to correct its financial problems brought on by rising costs and the post-Sept. 11 drop-off in air travel. On September 12, 2004, US Airways Group and most of its subsidiaries filed for bankruptcy protection for the second time in three years. US Airways Group and the aforementioned subsidiaries, including US Airways, emerged from Chapter 11 bankruptcy protection with the help $125 million equity investment from

Air Wisconsin Air Wisconsin Airlines is a regional airline based at Appleton International Airport in the town of Greenville, Wisconsin near Appleton. Air Wisconsin originally operated as one of the original United Express partners in 1985, and operated ...

's parent company Air Wisconsin Airlines Corporatio

on September 27, 2005, in connection with the completion of its merger with America West Holdings Corporation. On May 19, 2005, US Airways Group announced that it would merge with

Tempe, Arizona , settlement_type = City , named_for = Vale of Tempe , image_skyline = Tempeskyline3.jpg , imagesize = 260px , image_caption = Tempe skyline as se ...

-based America West Holdings Corporation, whose strength in the West would complement US Airways' routes in the Northeast,

Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a subcontinent of Eurasia and it is located entirel ...

, and the Caribbean. Prior to merging with America West Holdings Corporation, US Airways Group was based in

Arlington County Arlington County is a county in the Commonwealth of Virginia. The county is situated in Northern Virginia on the southwestern bank of the Potomac River directly across from the District of Columbia, of which it was once a part. The county ...

Virginia Virginia, officially the Commonwealth of Virginia, is a state in the Mid-Atlantic and Southeastern regions of the United States, between the Atlantic Coast and the Appalachian Mountains. The geography and climate of the Commonwealth ar ...

. At the time of announcement, plans called for the new entity to retain the US Airways brand, its Dividend Miles frequent flyer program, and participation in the

Star Alliance Star Alliance is the world's largest global airline alliance. Founded on 14 May 1997, its CEO is Jeffrey Goh and its headquarters is located in Frankfurt am Main, Germany. , Star Alliance is the largest of the three global alliances by passenge ...

(subject to the approval of partner United Airlines); however, it would be headquartered at America West's corporate offices and America West executives and board members would be in control of the merged company. The merger was completed on September 27, 2005. In October 2006, US Airways leased new office space in a building across the street from its corporate headquarters in Tempe, Arizona to expand and centralize its Corporate operations.

US Airways/Delta proposed merger

On November 15, 2006, US Airways Group announced a proposal to purchase

Delta Air Lines Delta Air Lines, Inc., typically referred to as Delta, is one of the major airlines of the United States and a legacy carrier. One of the world's oldest airlines in operation, Delta is headquartered in Atlanta, Georgia. The airline, along w ...

for $8.0 billion, half of this amount to be paid in

cash In economics, cash is money in the physical form of currency, such as banknotes and coins. In bookkeeping and financial accounting, cash is current assets comprising currency or currency equivalents that can be accessed immediately or near-im ...

with the remainder to be paid in stock. US Airways Group had obtained a firm commitment from Citibank to provide financing for both the cash portion of the merger offer, as well as the required secured loan refinancing at both airlines. The combined airlines would have flown under the Delta Air Lines name. Delta Air Lines repeatedly stated its intentions of exiting bankruptcy as a stand-alone carrier. On December 19, 2006, Delta's Board of Directors officially rejected US Airways offer. The final decision, however, was up to Delta Air Lines creditors as well as a bankruptcy judge as to what would happen. Delta employees, represented by the Delta Board Council and the Air Line Pilots Association, organized against what they termed the "hostile takeover" effort by US Airways under the title "Keep Delta My Delta". A rally against the US Airways merger at the Georgia International Convention Center was held December 13, 2006, and attended by nearly 3000 pilots, family members, and other supporters. On January 10, 2007, US Airways upped their bid for Delta from $8.5 billion to $10.2 billion, and imposed a deadline of February 1 for Delta's creditors committee to move forward with the deal. The move was made, according to US Airways president Scott Kirby, to remove any doubt that the US Airways offer was the best one on the table. On January 31, 2007, following a decision by the creditors committee to support Delta's standalone reorganization plan, US Airways withdrew its merger offer.

US Airways/American Airlines merger

In January 2012, US Airways expressed interest to take over American Airlines and the AMR CEO said in March, that American is open to merger. As of September 2012, American Airlines, under

chapter 11 bankruptcy protection Chapter 11 of the United States Bankruptcy Code ( Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whet ...

, was looking to merge with another airline. In July of that year, in a Bankruptcy Court filing US Airways disclosed that it was an American Airlines creditor and "prospective merger partner. Then on August 31, 2012, US Airways CEO Doug Parker announced that American Airlines and US Airways had signed a nondisclosure agreement, in which the airlines would discuss their financials and a possible merger." On February 14, 2013, US Airways Group and

officially announced that the two companies would merge to form the largest airline in the world. The combined airline will carry the American Airlines name and branding, while US Airways' management team, including CEO Doug Parker, will retain most operational management positions. The headquarters for the new airline will also be consolidated at American's current headquarters in

Fort Worth, Texas Fort Worth is the fifth-largest city in the U.S. state of Texas and the 13th-largest city in the United States. It is the county seat of Tarrant County, covering nearly into four other counties: Denton, Johnson, Parker, and Wise. Accord ...

Destinations

See US Airways destinations for destinations served by US Airways Group's four airline subsidiaries, along with the independent US Airways Express carriers.

Subsidiaries

Airline subsidiary divisions

* US Airways, Inc. which includes

US Airways Shuttle US Airways Shuttle was the brand name for US Airways' hourly air shuttle service operating in the Northeastern United States. It served Logan International Airport in Boston, LaGuardia Airport in New York City, and Ronald Reagan Washington ...

* Piedmont Airlines, Inc. dba US Airways Express * PSA Airlines, Inc. dba US Airways Express

Airline related business subsidiaries and divisions

* US Airways Express * America West Holdings Corporation f/k/a Barbell Acquisition Corp. ** America West Airlines, Inc., including its America West Vacations division *Material Services Company, Inc. is the purchasing arm for US Airways Express. *Airways Assurance Limited, LLC is a foreign-based insurance subsidiary.

Airline holdings

US Airways Group holds a (10%) investment in Mesa Air Group

Former subsidiaries

* Allegheny Airlines, Inc. dba US Airways Express, was merged into Piedmont Airlines, Inc., on July 1, 2004 *US Airways Leasing and Sales, Inc. remarketed aircraft, parts, and equipment, and was merged into US Airways, Inc., on July 1, 2004 *US Airways Services Corporation, Inc. f/k/a MidAtlantic Airways, Inc., was merged into US Airways, Inc., on July 1, 2004 *Potomac Air, Inc. dba US Airways Express ceased operations in October 2001 *Shuttle, Inc. dba

, was merged into US Airways, Inc., on July 1, 2000

References

External links

Investor relations
(Archive)

(Archive)

(Archive) {{DEFAULTSORT:Us Airways Group Airline holding companies of the United States Defunct airlines of the United States Defunct companies based in Arizona Companies based in Tempe, Arizona American companies established in 1939 Airlines established in 1939 Holding companies established in 1939 Transport companies established in 1913 Airlines disestablished in 2013 Transport companies disestablished in 2013 Holding companies disestablished in 2013 2013 mergers and acquisitions American Airlines Companies that filed for Chapter 11 bankruptcy in 2002 Companies that filed for Chapter 11 bankruptcy in 2004 Companies formerly listed on the New York Stock Exchange Former components in the Dow Jones Transportation Average