FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Earliest Event Reported: February 15, 1996
USAIR GROUP, INC. USAIR, INC.
(EXACT NAME OF REGISTRANT (EXACT NAME OF REGISTRANT
AS SPECIFIED IN ITS CHARTER) AS SPECIFIED IN ITS CHARTER)
DELAWARE 1-8444 54-1194634 DELAWARE 1-8442 53-0218143
___________ ___________ __________ ____________ ___________ __________
(State or (Commission (IRS (State or (Commission (IRS
other File Employer other File Employer
jurisdiction Number) Identification jurisdiction Number) Identification
of No.) of No.)
incorporation) incorporation)
2345 Crystal Drive 2345 Crystal Drive
Arlington, Virginia, 22227 Arlington, Virginia, 22227
(703) 418-5306 (703) 418-7000
(Address including zip code, and (Address including zip code, and
telephone number including area telephone number including area
code of registrant's principal code of registrant's principal
executive offices) executive offices)
Item 5. Other Events.
On February 15, 1996, USAir Group, Inc. (the
"Company") did not pay the dividend due on its Series B
Cumulative Convertible Preferred Stock (the "Series B
Preferred Stock"). The Company had previously deferred
five quarterly dividend payments on its Series B Preferred
Stock. Accordingly, pursuant to the terms of the Series B
Preferred Stock, the holders of such stock are entitled to
elect two additional directors to the Company's fifteen
(15) member Board of Directors.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, as amended, the Registrant has duly
caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
USAir Group, Inc.
By /s/ Lawrence M. Nagin
Lawrence M. Nagin
Executive Vice President,
Corporate Affairs and
General Counsel
USAir, Inc.
By /s/ Lawrence M. Nagin
Lawrence M. Nagin
Executive Vice President,
Corporate Affairs and
General Counsel
Date: February 16, 1996
