FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report
(Date of earliest event reported)
October 6, 1999
US Airways Group, Inc.
(Commission file number: 1-8444)
and
US Airways, Inc.
(Commission file number: 1-8442)
(Exact names of registrants as specified in their charters)
Delaware US Airways Group, Inc. 54-1194634
(State of incorporation US Airways, Inc. 53-0218143
of both registrants) (I.R.S. Employer Identification Nos.)
US Airways Group, Inc.
2345 Crystal Drive, Arlington, VA 22227
(Address of principal executive offices)
(703) 872-5306
(Registrant's telephone number, including area code)
US Airways, Inc.
2345 Crystal Drive, Arlington, VA 22227
(Address of principal executive offices)
(703) 872-7000
(Registrant's telephone number, including area code)
Item 5. Other Events
On October 6, 1999, US Airways, Inc. (a wholly-owned
subsidiary of US Airways Group, Inc.) issued a news release
announcing that its mechanics and related employees, who are
represented by the International Association of Mechanics and
Aerospace Workers, had approved a new five-year labor contract.
Item 7. Financial Statements and Exhibits
(c) Exhibit
Designation Description
- ----------- -----------
99 News release dated October 6, 1999
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrants have duly caused this report to be signed
on their behalf by the undersigned hereunto duly authorized.
US Airways Group, Inc. (REGISTRANT)
/s/ Anita P. Beier
Date: October 6, 1999 By: --------------------------------
Anita P. Beier
Vice President and Controller
(Chief Accounting Officer)
US Airways, Inc. (REGISTRANT)
/s/ Anita P. Beier
Date: October 6, 1999 By: --------------------------------
Anita P. Beier
Vice President and Controller
(Chief Accounting Officer)
Exhibit 99
US AIRWAYS WELCOMES IAM CONTRACT RATIFICATION
ARLINGTON, Va., Oct. 6 -- US Airways said today that it welcomes
the approval of a new five-year contract by its 7,500 mechanics
and related workers who are members of the International
Association of Machinists and Aerospace Workers. The contract
passed by a 74 percent approval margin.
"This five-year agreement underscores the commitment of our IAM
employees and US Airways to fairness and progress. With the
approval of this contract, US Airways has taken another major
step toward its goal of bringing compensation for its employees
to parity plus one percent with the Big Four airlines," said US
Airways President and CEO Rakesh Gangwal.
"While the company faces a significant loss for the third
quarter, this new agreement is a major milestone on our path
toward shedding our non- competitive cost structure. US Airways
is committed to becoming a vigorous, cost-competitive airline and
to working with our employees to be the Carrier of Choice for our
customers."
US Airways previously reached a contract agreement with its 6,000
fleet service workers, who also are represented by the IAM. As a
result of the agreement covering mechanics and related workers
approved today, the fleet service agreement also will have the
same five-year term.
Parity plus one percent compensation plans previously have been
reached with the Air Line Pilots Association and dispatchers and
training instructors represented by the Transport Workers Union
of America, and also have been put in place for administrative
representatives and crew schedulers.
