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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report: January 17, 1996
USAir Group, Inc.
(Commission file number: 1-8444)
and
USAir, Inc.
(Commission file number: 1-8442)
(Exact names of registrants as specified in their charters)
Delaware USAir Group, Inc. 54-1194634
(State of Incorporation USAir, Inc. 53-0218143
of both registrants) (I.R.S. Employer Identification Nos.)
USAir Group, Inc.
2345 Crystal Drive, Arlington, VA 22227
(Address of principal executive offices)
(703) 418-5306
(Registrant's telephone number)
USAir, Inc.
2345 Crystal Drive, Arlington, VA 22227
(Address of principal executive offices)
(703) 418-7000
(Registrant's telephone number)
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Item 5. Other Events
On January 16, 1996, USAir Group, Inc. (the "Company")
disseminated a news release announcing that the Company's Board of
Directors had elected Stephen M. Wolf as Chairman and Chief
Executive Officer of the Company and USAir, Inc.
Mr. Wolf succeeds Seth E. Schofield in these capacities,
effective January 22, 1996.
Item 7. Financial Statements and Exhibits
(c) Exhibits
Designation Description
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99 News release dated January 16, 1996
of USAir Group, Inc. and USAir, Inc.,
announcing the election of Stephen M.
Wolf as the Chairman and Chief
Executive Officer of USAir Group,
Inc. and USAir, Inc.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange
Act of 1934, the registrants have duly caused this report to be
signed on their behalf by the undersigned thereunto duly autho-
rized.
USAir Group, Inc.
Date: January 17, 1996 By: /s/ John W. Harper
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John W. Harper
Senior Vice President - Finance
and Chief Financial Officer
USAir, Inc.
Date: January 17, 1996 By: /s/ John W. Harper
---------------------------------
John W. Harper
Senior Vice President - Finance
and Chief Financial Officer
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Exhibit 99
Stephen M. Wolf Elected USAir Chairman
ARLINGTON, VA. JANUARY 16, 1996 -- The USAir Group Board of
Directors today elected Stephen M. Wolf as chairman and chief
executive of the airline holding company and USAir, Inc., effective
Jan. 22.
He succeeds USAir Chairman and CEO Seth E. Schofield, who last
September announced his decision to retire after 38 years with the
airline. Schofield agreed to stay on until a successor was in
place.
Wolf, 54, is a highly respected aviation leader who trans-
formed United Airlines into one of the world's pre-eminent
carriers. He served as UAL Corp.'s chairman and chief executive
officer from 1987 - 1994. Wolf currently serves as senior advisor
to Lazard Freres & Co.
Mathias J. DeVito, USAir director and chairman of the Board's
special search committee, said, "We are very pleased that an
airline executive of Steve Wolf's abilities has agreed to join
USAir. He has clearly demonstrated his ability to lead a major
carrier and to add shareholder value in past executive positions.
We look forward to his doing the same here at USAir."
Schofield added that "Steve is unquestionably one of the most
knowledgeable and successful CEOs in our industry. He is ideally
suited to carry on the restructuring of USAir to successfully meet
the many challenges facing the company."
Wolf said, "I have long viewed USAir as an airline with
tremendous potential and I eagerly look forward to joining the
42,000 employees of USAir in building the company for the future."
Wolf serves as a member of the boards of directors of R.R.
Donnelley & Sons Co. and Philip Morris Companies. He is also a
trustee of Northwestern University and Rush-Presbyterian-St. Luke's
Medical Center. In addition, he serves on the board of directors
for the Alzheimer's Disease and Related Disorders Association.
He earned a bachelor's degree in sociology from San Francisco
State University. Wolf and his wife, Delores, reside in Middle-
burg, Va.
Editors note: Mr. Wolf said he would defer any further comment
about his new appointment until after he has had the opportunity to
meet with USAir's employees.