US Airways Group, Inc. Reports Fourth Quarter and Full Year 2006 Profit


30 Jan 2007 [16:42h]     Bookmark and Share


US Airways Group, Inc. Reports Fourth Quarter and Full Year 2006 Profit

US Airways Group, Inc. Reports Fourth Quarter and Full Year 2006 Profit


  • Urlaub.digital

Highlights of the new US Airways Group, Inc. (the Company) fourth quarter and full year 2006 results

    -  The Company reported a fourth quarter 2006 net profit of $12 million,
       or $0.13 per diluted share, which includes special items of
       $74 million.  Excluding special items, the Company reported a fourth
       quarter 2006 net profit of $86 million or $0.91 per diluted share.

    -  The Company reported a full year 2006 net profit before cumulative
       effect of change in accounting principle of $303 million, or $3.32 per
       diluted share, which includes special items of $204 million.  Excluding
       special items, the Company reported a net profit before cumulative
       effect of change in accounting principle of $507 million, or $5.47 per
       diluted share.

    -  The Company accrued $11 million for its annual employee profit sharing
       program, bringing the full year 2006 employee profit sharing program
       accrual to $59 million.

    -  The Company had $3.0 billion in total cash and investments, of which
       $2.4 billion was unrestricted, on Dec. 31, 2006.

TEMPE, Ariz., Jan. 30 /PRNewswire-FirstCall/ — The new US Airways Group, Inc. (NYSE: LCC) today reported its fourth quarter and 2006 results. Net profit for the fourth quarter was $12 million, or $0.13 per share compared to a net loss of $261 million, or $3.27 per share for the same period last year. Excluding special items of $74 million, the Company reported a net profit of $86 million, or $0.91 per diluted share, compared to a net loss of $138 million, or $1.73 per share in the fourth quarter of 2005.

(Logo: http://www.newscom.com/cgi-bin/prnh/20050223/LAW097LOGO )

The fourth quarter 2006 is the first full quarter where the Company’s results for both periods reflect consolidated results for the new US Airways Group. Because the merger of US Airways and America West occurred on Sept. 27, 2005, the results for the full year 2006 are being compared to 2005 results, which consist of 269 days of America West results, and 96 days of consolidated US Airways Group’s results. Although the merger was structured so that America West became a wholly owned subsidiary of the new US Airways Group, America West was treated as the acquiring company for accounting purposes under Statement of Financial Accounting Standards No. 141, „Business Combinations.“

For the full year 2006, the Company reported a net profit before cumulative effect of change in accounting principle of $303 million, or $3.32 per diluted share, which compares to a net loss before cumulative effect of change in accounting principle of $335 million, or $10.65 per share for the full year 2005. Excluding special items of $204 million, the Company reported a net profit before cumulative effect of change in accounting principle of $507 million, or $5.47 per diluted share compared to a net loss before cumulative effect of change in accounting principle of $188 million, or $6.00 per share for the same period last year. See the accompanying notes in the Financial Tables section of this press release for a reconciliation of Generally Accepted Accounting Principles (GAAP) financial information to non-GAAP financial information.

Chairman and CEO Doug Parker stated, „We are extremely pleased to report our fourth quarter earnings, and couldn’t be more proud of our 35,000 employees who will share in these positive results through our profit sharing plan. 2006 marks the first full year of operating and financial results for the new US Airways, and our team has done a remarkable job of integrating our two airlines while taking care of the more than 41 million customers who flew US Airways last year. Few people would have believed, at the time of our merger, that the new US Airways would be the most profitable network airline in 2006. Fortunately, our team believed and we thank them for their great work.

„Looking forward, we anticipate reporting even better results in 2007 with even higher profit sharing payments. This will provide our employees with job stability and the opportunity to share in the financial success of the Company and our customers with the choice and value they deserve,“ continued Parker.

Revenue and Cost Comparisons

The revenue environment during the fourth quarter 2006 remained robust for both mainline and Express operations. Mainline passenger revenue per available seat mile (PRASM) was 10.12 cents, up 8.6 percent over the same period last year. Express PRASM was 17.60 cents, up 14.8 percent over the fourth quarter 2005. On a consolidated basis, PRASM for US Airways Group was 11.33 cents, up 9.7 percent compared to the fourth quarter 2005.

„Although fuel prices have come down significantly from the historically high levels we saw throughout the year, fuel still remains our largest operating expense. If fuel prices had remained at 2005 levels, our total fuel expense would have been $467 million lower for the year,“ said Chief Financial Officer Derek Kerr.

Total operating cost per available seat mile (CASM) for US Airways Group for the quarter was 11.97 cents, down 1.5 percent on reduced capacity of 0.1 percent. Consolidated mainline operating CASM was 10.98 cents, down 1.3 percent compared to the fourth quarter 2005. Excluding fuel, special items, and merger related transition expenses, mainline CASM was 7.64 cents, up 2.8 percent from the same period last year.

Liquidity

As of Dec. 31, 2006, the Company had $3.0 billion in total cash and investments, of which $2.4 billion was unrestricted.

Fourth Quarter Special Items

During its fourth quarter, the Company recognized $74 million of special items, which included a $26 million non-cash charge for unrealized net losses associated with the change in fair value of the Company’s outstanding fuel hedge contracts, $10 million of net merger-related transition expenses and a $12 million payment in connection with an inducement to the note holders to convert a portion of the Company’s seven percent senior convertible notes to common stock. In addition, during the fourth quarter, the Company used $26 million of net operating losses acquired from US Airways, which was recognized as a reduction in goodwill rather than a reduction in tax expense. As a result, the Company has a $26 million non-cash expense for income taxes for the quarter. See the accompanying notes in the Financial Tables section of this press release for a reconciliation of Generally Accepted Accounting Principles (GAAP) financial information to non-GAAP financial information.

    Integration Update
    Fourth quarter 2006 accomplishments include:

    Operations
    *  Paid a one-time special $50 bonus to employees, which totaled
       approximately $1.8 million, for the airline's operational performance
       during the Thanksgiving holiday travel period.
    *  Finished the month of November with a year-to-date on time performance
       of 77.4 percent, ranking US Airways second of the ten largest carriers
       as measured by the Department of Transportation.
    *  The Company achieved significant operational improvements at its
       Philadelphia hub.  Specifically, customer complaints are down over
       30 percent from 2005 levels.  In addition, mishandled baggage per
       1,000 enplanements is down nearly 15 percent year-over-year, with over
       95 percent of all local in-bound baggage now delivered to the baggage
       carousel in 19.1 minutes on average.

    Marketing
    *  Continued reducing fares to more cities including Wilmington, N.C.,
       Augusta Ga. and Huntington W.Va.  In total the new US Airways has
       reduced fares in more than 1,100 markets.
    *  Began testing the combined SHARES reservations system at both Tempe,
       Ariz. and Winston-Salem, N.C. reservations locations, which will help
       move the airline to a combined reservations system scheduled to occur
       in the first half of 2007.

    Labor
    *  Reached a final labor agreement, including transition items, with the
       Transport Workers Union (TWU), representing about 150 dispatchers.

    Analyst Conference Call/Webcast Details

US Airways will conduct a live audio webcast of its earnings call today at 11 a.m. EST, which will be available to the public on a listen-only basis at www.usairways.com under About US >> Investor Relations tab. An archive of the call/webcast will be available in the Public/Investor Relations portion of the Web site through Feb. 28, 2007.

The airline will also update its investor relations guidance on its Web site (www.usairways.com). Information to be updated includes cost per available seat mile (CASM) excluding fuel and transition expenses, fuel prices and hedging positions, other revenues, estimated interest expense/income and merger related transition expense guidance. The investor relations update page also includes the airline’s capacity, fleet plan for 2007 and estimated capital spending for 2007.

About US Airways

US Airways is the fifth largest domestic airline employing nearly 35,000 aviation professionals worldwide. US Airways, US Airways Shuttle and US Airways Express operate approximately 3,800 flights per day and serve more than 230 communities in the U.S., Canada, Europe, the Caribbean and Latin America. The new US Airways — the product of a merger between America West and US Airways in September 2005 — is a member of the Star Alliance, which provides connections for our customers to 841 destinations in 157 countries worldwide. This press release and additional information on US Airways can be found at www.usairways.com. (LCCF)

Forward Looking Statements

Certain of the statements contained herein should be considered „forward-looking statements“ within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as „may,“ „will,“ „expect,“ „intend,“ „indicate,“ „anticipate,“ „believe,“ „forecast,“ „estimate,“ „plan,“ „guidance,“ „outlook,“ „could,“ „should,“ „continue“ and similar terms used in connection with statements regarding the outlook of US Airways Group, Inc. (the „Company“). Such statements include, but are not limited to, statements about expected fuel costs, the revenue and pricing environment, the Company’s expected financial performance and operations, future financing plans and needs, overall economic conditions and the benefits of the business combination transaction involving America West Holdings Corporation and US Airways Group, including future financial and operating results and the combined companies‘ plans, objectives, expectations and intentions. Other forward-looking statements that do not relate solely to historical facts include, without limitation, statements that discuss the possible future effects of current known trends or uncertainties or which indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed or assured. Such statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties that could cause the Company’s actual results and financial position to differ materially from the Company’s expectations. Such risks and uncertainties include, but are not limited to, the following: the impact of high fuel costs, significant disruptions in the supply of aircraft fuel and further significant increases to fuel prices; our high level of fixed obligations and our ability to obtain and maintain financing for operations and other purposes; our ability to achieve the synergies anticipated as a result of the merger and to achieve those synergies in a timely manner; our ability to integrate the management, operations and labor groups of US Airways Group and America West Holdings; labor costs and relations with unionized employees generally and the impact and outcome of labor negotiations; the impact of global instability, including the current instability in the Middle East, the continuing impact of the military presence in Iraq and Afghanistan and the terrorist attacks of September 11, 2001 and the potential impact of future hostilities, terrorist attacks, infectious disease outbreaks or other global events that affect travel behavior; reliance on automated systems and the impact of any failure or disruption of these systems; the impact of future significant operating losses; changes in prevailing interest rates; our ability to obtain and maintain commercially reasonable terms with vendors and service providers and our reliance on those vendors and service providers; security-related and insurance costs; changes in government legislation and regulation; our ability to use pre-merger NOLs and certain other tax attributes; competitive practices in the industry, including significant fare restructuring activities, capacity reductions and in court or out of court restructuring by major airlines; continued existence of prepetition liabilities; interruptions or disruptions in service at one or more of our hub airports; weather conditions; our ability to obtain and maintain any necessary financing for operations and other purposes; our ability to maintain adequate liquidity; our ability to maintain contracts that are critical to our operations; our ability to operate pursuant to the terms of our financing facilities (particularly the financial covenants); our ability to attract and retain customers; the cyclical nature of the airline industry; our ability to attract and retain qualified personnel; economic conditions; and other risks and uncertainties listed from time to time in our reports to the Securities and Exchange Commission. There may be other factors not identified above of which the Company is not currently aware that may affect matters discussed in the forward-looking statements, and may also cause actual results to differ materially from those discussed. All forward-looking statements are based on information currently available to the Company. The Company assumes no obligation to publicly update or revise any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting such estimates. Additional factors that may affect the future results of the Company are set forth in the section entitled „Risk Factors“ in the Company’s Quarterly Report on Form 10-Q for the period ended Sept. 30, 2006, which is available at www.usairways.com.

    Financial Tables to Follow



                            US Airways Group, Inc.
               Condensed Consolidated Statements of Operations
               (in millions except share and per share amounts)
                                 (unaudited)

                             3 Months  3 Months          12 Months  12 Months
                              Ended     Ended              Ended      Ended
                             Dec. 31,  Dec. 31,  Percent  Dec. 31,   Dec. 31,
                               2006      2005    Change     2006       2005

    Operating revenues
        Mainline passenger     $1,918    $1,757     9.2     $7,966     $3,695
        Express passenger         650       584    11.3      2,744        976
        Cargo                      39        33    18.2        153         58
        Other                     179       187    (4.3)       694        340
        Total operating
         revenues               2,786     2,561     8.8     11,557      5,069

    Operating expenses
        Aircraft fuel and
         related taxes            575       603    (4.6)     2,518      1,214
        Loss (gain) on fuel
         hedging instruments,
         net:
             Realized              20       (20)     nm          9        (71)
             Unrealized            26        69   (62.3)        70         (4)
        Salaries and related
         costs                    516       505     2.2      2,090      1,046
        Express expenses:
             Fuel                 179       193    (7.3)       764        327
             Other                451       463    (2.6)     1,795        746
        Aircraft rent             186       182     2.2        732        429
        Aircraft maintenance      150       153    (2.0)       582        349
        Other rent and landing
         fees                     136       147    (7.5)       568        281
        Selling expenses           99       103    (3.9)       446        232
        Special items, net         10        36   (72.2)        27        121
        Depreciation and
         amortization              43        49   (12.2)       175         88
        Other                     320       270    18.5      1,223        528
        Total operating
         expenses               2,711     2,753    (1.5)    10,999      5,286

        Operating income (loss)    75      (192)     nm        558       (217)

    Nonoperating income
     (expenses)
        Interest income            42        22    90.9        153         30
        Interest expense, net     (73)      (87)  (16.1)      (295)      (147)
        Other, net                  1        (4)     nm        (12)        (1)
        Nonoperating expenses,
         net                      (30)      (69)  (56.5)      (154)      (118)

    Income (loss) before income
     taxes and cumulative effect
     of change in accounting
     principle                     45      (261)     nm        404       (335)

    Income tax provision           33        --      nm        101         --

    Income (loss) before
     cumulative effect of change
     in accounting principle       12      (261)     nm        303       (335)

    Cumulative effect of change
     in accounting principle       --        --      nm          1       (202)

        Net income (loss)         $12     $(261)     nm       $304      $(537)

    Income (loss) per share
     before cumulative effect
     of change in accounting
     principle:
        Basic                   $0.13    $(3.27)             $3.50    $(10.65)
        Diluted                 $0.13    $(3.27)             $3.32    $(10.65)

    Net income (loss) per
     share:
        Basic                   $0.13    $(3.27)             $3.51    $(17.06)
        Diluted                 $0.13    $(3.27)             $3.33    $(17.06)

    Shares used for
     computation
     (in thousands):
        Basic                  89,892    80,145             86,447     31,488
        Diluted                91,872    80,145             93,821     31,488



                            US Airways Group, Inc.
                             Operating Statistics

                                3 Months   3 Months              12 Months
                                  Ended      Ended                 Ended
                                 Dec. 31,   Dec. 31,  Percent     Dec. 31,
                                  2006       2005     Change       2006**

    Mainline
    Revenue passenger miles (in
     millions)                    14,630     14,136     3.5%       60,689
    Available seat miles (ASM)
     (in millions)                18,963     18,861     0.5%       76,983
    Passenger load factor
     (percent)                      77.2       74.9     2.2 pts      78.8
    Yield (cents)                  13.11      12.43     5.5%        13.13
    Passenger revenue per ASM
     (cents)                       10.12       9.32     8.6%        10.35

    Passenger enplanements (in
     thousands)                   14,156     13,917     1.7%       57,345
    Aircraft (end of period)         359        373    -3.8%          359

    Block Hours                  339,297    340,257    -0.3%    1,364,895
    Average stage length
     (miles)                         910        877     3.8%          927
    Fuel consumption (gallons
     in millions)                  297.7      289.6     2.8%        1,210
    Average fuel price (dollars
     per gallon) with related
     taxes                          1.93       2.08    -7.2%         2.08
    Average fuel price
     including related taxes
     and realized gains
    (losses) on fuel hedging
     instruments, net (dollars)     2.00       2.01    -0.5%         2.09
    Full-time equivalent
     employees (end of period)    32,459     32,210     0.8%       32,459

    Operating cost per ASM
     (cents)                       10.98      11.12    -1.3%        10.96
    Operating cost per ASM
     excluding special items
     (cents)                       10.78      10.52     2.5%        10.84
    Operating cost per ASM
     excluding special items,
     fuel and realized gains
     (losses) on fuel hedging
     instruments, net (cents)       7.64       7.43     2.8%         7.55

    Express*
    Revenue passenger miles (in
     millions)                     2,559      2,514     1.8%       10,635
    Available seat miles (in
     millions)                     3,694      3,809    -3.0%       14,911
    Passenger load factor
     (percent)                      69.3       66.0     3.3 pts      71.3
    Passenger revenue per ASM
     (cents)                       17.60      15.32    14.8%        18.40
    Passenger enplanements (in
     thousands)                    6,259      5,848     7.0%       25,836
    Operating cost per ASM
     (cents)                       17.05      17.23    -1.0%        17.17

    TOTAL - Mainline & Express
    Revenue passenger miles (in
     millions)                    17,189     16,650     3.2%       71,324
    Available seat miles (in
     millions)                    22,657     22,670    -0.1%       91,894
    Passenger load factor
     (percent)                      75.9       73.4     2.5 pts      77.6
    Passenger revenue per ASM
     (cents)                       11.33      10.33     9.7%        11.66
    Total revenue per ASM
     (cents)                       12.30      11.30     8.9%        12.58
    Passenger enplanements (in
     thousands)                   20,415     19,765     3.3%       83,181
    Operating cost per ASM
     (cents)                       11.97      12.14    -1.5%        11.97

    *  Express includes US Airways Group's wholly owned regional airline
       subsidiaries, Piedmont Airlines and PSA Airlines, US Airways'
       MidAtlantic regional jet division, through May 27, 2006, as well as
       operating and financial results from capacity purchase agreements with
       Mesa Airlines, Chautauqua Airlines, Air Wisconsin Airlines and Republic
       Airlines.

    ** The 2006 Full-Year Operating Statistics reflects the consolidated
       results for the new US Airways Group.  The 2005 Full-Year Operating
       Statistics, which would consist of 269 days of America West results
       and 96 days of consolidated US Airways Group results do not provide
       a meaningful comparison and have been omitted.


Reconciliation of GAAP Financial Information to Non-GAAP Financial Information and Operating Cost per ASM Excluding Special Items, Aircraft Fuel, Realized (Gains) Losses on Fuel Hedging Instruments, Net – Mainline only

US Airways Group, Inc. (the „Company“) is providing disclosure of the reconciliation of reported non-GAAP financial measures to their comparable financial measures on a GAAP basis. The Company believes that the non-GAAP financial measures provide investors the ability to measure financial performance excluding special items which is more indicative of the Company’s ongoing performance and is more comparable to measures reported by other major airlines. The Company believes that the presentation of mainline CASM excluding fuel and gains or losses on fuel hedging instruments is useful to investors as both the cost and availability of fuel are subject to many economic and political factors beyond the Company’s control.

                                      3 Months  3 Months  12 Months  12 Months
                                       Ended     Ended      Ended      Ended
                                      Dec. 31   Dec. 31    Dec. 31    Dec. 31
                                        2006      2005       2006       2005
                                             (in millions, except share
                                               and per share amounts)

    Reconciliation of Income (loss)
     before Cumulative Effect of
     Change in Accounting Principle
     Excluding Special Items for
     US Airways Group, Inc.

    Income (loss) before cumulative
     effect of change in accounting
     principle as reported                $12     $(261)      $303      $(335)

    Special items:
       Unrealized (gains) losses on
        fuel hedging instruments,
        net (1)                            26        69         70         (4)
       Non-cash tax provision from
        utilization of pre-acquisition
        NOL (2)                            26        --         85         --
       Special items, net (3)              10        36         27        121
       Other special charges (4)           12        18         22         30

    Income (loss) before cumulative
     effect of change in accounting
     principle, as adjusted for
     special items                        $86     $(138)      $507      $(188)

    Shares used for computation
     (in thousands):
       Basic                           89,892    80,145     86,447     31,488
       Diluted                         96,045    80,145     94,876     31,488

    Income (loss) per share before
     cumulative effect of change in
     accounting principle, as
     adjusted for special items:
       Basic                            $0.96    $(1.73)     $5.86     $(6.00)
       Diluted (8)                      $0.91    $(1.73)     $5.47     $(6.00)


    Reconciliation of Income (loss)
     before Cumulative Effect of
     Change in Accounting Principle
     Excluding Special Items for
     America West Airlines, Inc.

    Loss before cumulative effect
     of change in accounting
     principle as reported               $(63)    $(139)      $(38)     $(195)

    Special items:
       Unrealized (gains) losses
        on fuel hedging instruments,
        net (1)                            26        69         70         (4)
       Special items, net (5)               9        21         17        106
       Other special charges (10)          (1)       18          3         30

    Income (loss) before cumulative
     effect of change in accounting
     principle, as adjusted for
     special items                       $(29)     $(31)       $52       $(63)


    Reconciliation of Net Income
     (Loss)
     Excluding Special Items for
      US Airways, Inc.

    Net income (loss) as reported         $61     $(120)      $345       $160

    Special items:
         Non-cash tax provision
          from utilization of
          pre-acquisition NOL (2)          26        --         85         --
         Special items, net (6)            12        15         21         15
         Reorganization items,
          net (7)                          --        --         --       (636)

    Net income (loss), as adjusted
     for special items                    $99     $(105)      $451      $(461)



                                     3 Months  3 Months  12 Months  12 Months
                                      Ended     Ended      Ended      Ended
                                     Dec. 31   Dec. 31    Dec. 31    Dec. 31
                                       2006      2005       2006       2005

    Reconciliation of Operating
     Cost per ASM Excluding Special
     Items, Fuel, Realized Gains
     (Losses) on Fuel Hedging
     Instruments, Net - Mainline
     only

    US Airways Group, Inc.
    (in millions)

    Total operating expenses           $2,711    $2,753    $10,999     $5,286
    Less Express expenses:
             Fuel                        (179)     (193)      (764)      (327)
             Other                       (451)     (463)    (1,795)      (746)
    Total mainline operating
     expenses                           2,081     2,097      8,440      4,213

    Special items:
       Unrealized gains (losses)
        on fuel hedging instruments,
        net (1)                           (26)      (69)       (70)         4
       Special items, net (3)             (10)      (36)       (27)      (121)
       Other special charges (9)           --        (7)        --        (19)
     Mainline operating expenses,
      excluding special items           2,045     1,985      8,343      4,077

     Aircraft fuel                       (575)     (603)    (2,518)    (1,214)
     Realized gains (losses) on fuel
      hedging instruments, net            (20)       20         (9)        71
     Mainline operating expenses,
      excluding special items, fuel
      and realized gains (losses)
      on fuel hedging instruments,
      net                              $1,450    $1,402     $5,816     $2,934

     (in cents)
     Mainline operating expenses per
      ASM                               10.98   11.12        10.96       9.95

    Special items per ASM
        Unrealized gains (losses) on
         fuel hedging instruments,
         net (1)                        (0.14)    (0.37)     (0.09)      0.01
        Special items, net (3)          (0.05)    (0.19)     (0.04)     (0.29)
        Other special charges (9)          --     (0.04)        --      (0.04)
    Mainline operating expenses per
     ASM, excluding special items       10.78     10.52      10.84       9.63

    Aircraft fuel                       (3.03)    (3.20)     (3.27)     (2.87)
    Realized gains (losses) on fuel
     hedging instruments, net           (0.11)     0.11      (0.01)      0.17
    Mainline operating expenses per
     ASM, excluding special items,
     fuel and realized gains (losses)
     on fuel hedging instruments, net    7.64      7.43       7.55       6.93



                                     3 Months  3 Months  12 Months  12 Months
                                      Ended     Ended      Ended      Ended
                                     Dec. 31   Dec. 31    Dec. 31    Dec. 31
                                       2006      2005       2006       2005

    America West Airlines Inc.
    (in millions)

    Total operating expenses             $944      $946     $3,671     $3,383
    Less Express expenses:
             Fuel                         (47)      (53)      (210)      (182)
             Other                       (100)      (97)      (401)      (363)
    Total mainline operating
     expenses                             797       796      3,060      2,838

    Special items:
       Unrealized gains (losses)
        on fuel hedging
        instruments, net (1)              (26)      (69)       (70)         4
       Special items, net (5)              (9)      (21)       (17)      (106)
       Other special charges (9)           --        (7)        --        (19)
    Mainline operating expenses,
     excluding special items              762       699      2,973      2,717

    Aircraft fuel                        (208)     (228)      (911)      (812)
    Realized gains (losses) on
     fuel hedging instruments,
     net                                  (20)       20         (9)        71
    Mainline operating expenses,
     excluding special items, fuel
     and realized (gains) losses
     on fuel hedging instruments,
     net                                 $534      $491     $2,053     $1,976

    (in cents)
    Mainline Operating expenses
     per ASM                            11.05     10.51      10.35       9.30

    Special items per ASM:
        Unrealized gains (losses)
         on fuel hedging
         instruments, net (1)           (0.37)    (0.91)     (0.24)      0.01
        Special items, net (5)          (0.12)    (0.28)     (0.06)     (0.35)
        Other special charges (9)          --     (0.09)        --      (0.06)
    Mainline operating expenses
     per ASM, excluding special
     items                              10.56      9.23      10.06       8.91

    Aircraft fuel                       (2.89)    (3.00)     (3.08)     (2.66)
    Realized gains (losses) on fuel
     hedging instruments, net           (0.28)     0.26      (0.03)      0.23
    Mainline operating expenses per
     ASM, excluding special items,
     fuel and realized gains (losses)
     on fuel hedging instruments, net    7.39      6.49       6.94       6.48


    US Airways, Inc.
    (in millions)

    Total operating expenses           $1,799    $1,826     $7,464     $7,420
    Less:  Express expenses              (504)     (490)    (2,060)    (1,862)
    Total mainline operating expenses   1,295     1,336      5,404      5,558

    Special items:
         Special items, net (6)           (12)      (15)       (21)       (15)
     Mainline operating expenses,
      excluding special items           1,283     1,321      5,383      5,543

    Aircraft fuel                        (367)     (375)    (1,607)    (1,486)

    Mainline operating expenses,
     excluding special items and fuel    $916      $946     $3,776     $4,057

    (in cents)
    Mainline operating expenses per
     ASM (excluding Express expenses)   11.02     11.83      11.39      10.79

    Special items per ASM:
          Special items, net (6)        (0.10)    (0.13)     (0.04)     (0.03)

    Mainline operating expenses per
     ASM, excluding special items       10.92     11.70      11.35      10.76

    Aircraft fuel                       (3.12)    (3.32)     (3.39)     (2.88)

    Mainline operating expenses per
     ASM excluding special items and
     fuel                                7.79      8.38       7.96       7.87

    Note: Amounts may not recalculate due to rounding.



        FOOTNOTES:

    1)  The 2006 fourth quarter and the 2006 twelve month period include a
        $26 million and $70 million unrealized loss respectively, and the 2005
        fourth quarter and the 2005 twelve month period include a $69 million
        unrealized loss and a $4 million unrealized gain, respectively,
        resulting from mark-to-market accounting for changes in the fair value
        of AWA's fuel hedging instruments.

    2)  For the three and twelve month periods ended December 31, 2006 the
        Company utilized $26 million and $85 million, respectively, of NOL
        acquired from US Airways, the valuation allowance associated with
        these acquired NOL was recognized as a reduction of goodwill rather
        than a reduction in tax expense.  As a result, US Airways had a
        non-cash  expense for income taxes of $26 million and $85 million in
        the three month and twelve month periods, respectively.

    3)  The 2006 fourth quarter includes $14 million of gains associated with
        the settlement of bankruptcy claims, offset by $24 million of merger
        related transition expenses.  The 2006 twelve month period includes a
        $90 million gain associated with the return of equipment deposits upon
        forgiveness of a loan and $14 million of gains associated with the
        settlement of bankruptcy claims, offset by $131 million of merger
        related transition expenses.

        The 2005 fourth quarter includes $28 million of merger related
        transition expenses, $7 million related to power by the hour program
        penalties associated with the return of certain leased aircraft and
        $1 million of severance for terminated employees resulting from the
        merger.  The 2005 twelve month period includes the above mentioned
        fourth quarter items plus a $57 million charge related to the
        restructuring of an agreement with Airbus, a $27 million loss on the
        sale-leaseback of 8 aircraft and a $1 million charge related to
        aircraft removed from service.

    4)  The 2006 fourth quarter includes a $12 million payment in connection
        with the inducement to convert $49 million of the 7% Senior
        Convertible Notes to common stock and a $1 million write off of debt
        issuance costs associated with the converted notes, less $1 million of
        interest income earned by AWA on certain prior year Federal income tax
        refunds.  The 2006 twelve month period includes $6 million of
        prepayment penalties and $5 million write off of debt issuance costs
        in connection with the $1.25 billion debt refinancing in the first
        quarter of 2006, $17 million in payments in connection with the
        inducement to convert $70 million of the 7% Senior Convertible Notes
        to common stock and $2 million write off of debt issuance costs
        associated with the converted notes, less $8 million of interest
        income earned by AWA on certain prior year Federal income tax refunds.

        The 2005 fourth quarter includes $8 million related to the write off
        of the unamortized value of the ATSB warrants, upon their repurchase
        in the fourth  quarter of 2005, $4 million related to the acceleration
        of depreciation expense for certain leasehold improvements, $3 million
        out-of-period expense related to the retroactive TSA assessment,
        $2 million write off of debt issuance costs in connection with the
        conversion of the 7.25% senior notes and $1 million write off of debt
        issuance costs for the Debis portion of the ATSB loan.  The 2005
        twelve month period includes the above mentioned fourth quarter items
        excluding the out-of-period $3 million TSA assessment, an $8 million
        loss on the sale and leaseback of two new Airbus A320 aircraft
        acquired during the first and second quarters and $7 million in  fees
        related to the early return of ten aircraft in connection to the GE
        MOU.

    5)  The 2006 fourth quarter includes $9 million of merger related
        transition expenses.  The 2006 twelve month period includes a
        $51 million gain associated with the return of equipment deposits upon
        forgiveness of a loan, offset by $68 million of merger related
        transition expenses.

        The 2005 fourth quarter includes $13 million of merger related
        transition expenses, $7 million related to power by the hour program
        penalties associated with the return of certain leased aircraft and
        $1 million of severance for terminated employees resulting from the
        merger.  The 2005 twelve month period includes the above mentioned
        fourth quarter items plus a $57 million charge related to the
        restructuring of an agreement with Airbus, a $27 million loss on the
        sale-leaseback of 8 aircraft and a $1 million charge related to
        aircraft removed from service.

    6)  The 2006 fourth quarter includes $3 million of gains associated with
        the settlement of bankruptcy claims, offset by $15 million of merger
        related transition expenses, and the 2006 twelve month period includes
        a $40 million gain associated with the return of equipment deposits
        upon forgiveness of a loan and $3 million of gains associated with the
        settlement of bankruptcy claims, offset by $64 million of merger
        related transition expenses.  The 2005 fourth quarter and twelve month
        periods include $15 million of merger related transition expenses.

    7)  During the twelve months ended December 31, 2005, US Airways
        recognized $636 million in reorganization items incurred as a result
        of its Chapter 11 filing.

    8)  Computation excludes interest associated with the 7.0% senior
        convertible notes of $2 million and $9 million for the three and
        twelve months ended December 31, 2006, respectively, and the 7.5%
        convertible senior notes of $4 million for the twelve months ended
        December 31, 2006.

    9)  The 2005 fourth quarter includes $4 million related to the
        acceleration of depreciation expense for certain leasehold
        improvements and $3 million out-of-period expense related to the
        retroactive TSA assessment.  The 2005 twelve month period includes the
        above mentioned fourth quarter items excluding the out-of-period
        $3 million TSA assessment, an $8 million loss on the sale and
        leaseback of two new Airbus A320 aircraft acquired during the first
        and second quarters and $7 million in fees related to the early return
        of ten aircraft in connection to the GE MOU.

    10) The 2006 fourth quarter includes $1 million of interest income earned
        by AWA on certain prior year Federal income tax refunds.  The 2006
        twelve month period includes $6 million of prepayment penalties and a
        $5 million write off of debt issuance costs in connection with the
        $1.25 billion debt refinancing in the first quarter of 2006 less
        $8 million of interest income earned by AWA on certain prior year
        Federal income tax refunds.

        The 2005 fourth quarter includes $8 million related to the write off
        of the unamortized value of the ATSB warrants, upon their repurchase
        in the fourth quarter 2005, $4 million related to the acceleration of
        depreciation expense for certain leasehold improvements, $3 million
        out-of-period expense related to the retroactive TSA assessment,
        $2 million write off of debt issuance costs in connection with the
        conversion of the 7.25% senior notes and $1 million write off of debt
        issuance costs for the Debis portion of the ATSB loan.  The 2005
        twelve month period includes the above mentioned fourth quarter items
        excluding the out-of-period $3 million TSA assessment, an $8 million
        loss on the sale and leaseback of two new Airbus A320 aircraft
        acquired during the first and second quarters and $7 million in  fees
        related to the early return of ten aircraft in connection to the GE
        MOU.



                          America West Airlines, Inc.
                     Consolidated Statements of Operations
                                 (in millions)
                                  (unaudited)

                       3 Months  3 Months          12 Months 12 Months
                        Ended     Ended              Ended     Ended
                       Dec. 31,  Dec. 31, Percent   Dec. 31,  Dec. 31, Percent
                         2006      2005   Change      2006      2005   Change

    Operating revenues
      Mainline
       passenger          $659      $634      3.9    $2,761    $2,521     9.5
      Express
       passenger           158       145      9.0       660       512    28.9
      Cargo                  7         9    (22.2)       31        33    (6.1)
      Other                 48        47      2.1       184       197    (6.6)
      Total operating
       revenues            872       835      4.4     3,636     3,263    11.4

    Operating expenses
      Aircraft fuel and
       related taxes       208       228     (8.8)      911       812    12.2
      Loss (gain) on
       fuel hedging
       instruments,
       net:
           Realized         20       (20)      nm         9       (71)     nm
           Unrealized       26        69    (62.3)       70        (4)     nm
      Salaries and
       related costs       189       175      8.0       735       701     4.9
      Express expenses:
           Fuel             47        53    (11.3)      210       182    15.4
           Other           100        97      3.1       401       363    10.5
      Aircraft rent         83        86     (3.5)      339       327     3.7
      Aircraft
       maintenance          53        67    (20.9)      242       259    (6.6)
      Other rent and
       landing fees         47        44      6.8       175       176    (0.6)
      Selling expenses      42        35     20.0       162       161     0.6
      Special items, net     9        21    (57.1)       17       106   (84.0)
      Depreciation and
       amortization         12        16    (25.0)       46        53   (13.2)
      Other                108        75     44.0       354       318    11.3
      Total operating
       expenses            944       946     (0.2)    3,671     3,383     8.5

      Operating loss       (72)     (111)   (35.1)      (35)     (120)  (70.8)

    Nonoperating income
     (expenses)
      Interest income       19        13     46.2        68        25      nm
      Interest expense,
       net                 (10)      (32)   (68.8)      (57)      (94)  (39.4)
      Other, net            --        (9)      nm        (9)       (6)   50.0
      Nonoperating income
       (expenses), net       9       (28)      nm         2       (75)     nm

    Loss before income
     taxes and
     cumulative effect
     of change of
     accounting principle  (63)     (139)   (54.7)      (33)     (195)  (83.1)

    Income tax provision    --        --       nm         5        --      nm

    Loss before cumulative
     effect of change in
     accounting principle  (63)     (139)   (54.7)      (38)     (195)  (80.5)

    Cumulative effect of
     change in accounting
     principle              --        --       nm         1      (202)     nm

        Net loss          $(63)    $(139)   (54.7)     $(37)    $(397)  (90.7)



                         America West Airlines, Inc.
                             Operating Statistics

                                                3 Months   3 Months
                                                  Ended      Ended
                                                 Dec. 31,   Dec. 31,  Percent
                                                   2006       2005    Change

    Mainline
    Revenue passenger miles (in millions)           5,620     5,870   -4.3%
    Available seat miles (ASM) (in millions)        7,208     7,571   -4.8%
    Passenger load factor (percent)                  78.0      77.5    0.4 pts
    Yield (cents)                                   11.72     10.81    8.4%
    Passenger revenue per ASM (cents)                9.14      8.38    9.0%

    Passenger enplanements (in thousands)           5,161     5,404   -4.5%
    Aircraft (end of period)                          133       141   -5.7%
    Block hours                                   134,504   140,329   -4.2%
    Average stage length (miles)                    1,013     1,022   -0.9%
    Average passenger journey (miles)               1,499     1,598   -6.2%
    Fuel consumption (gallons in millions)          106.4     110.9   -4.1%
    Average fuel price (dollars per gallon)
     with related taxes                              1.96      2.05   -4.4%
    Average fuel price including related taxes
     and realized gains (losses) on fuel
     hedging instruments, net (dollars)              2.15      1.87   15.1%
    Full-time equivalent employees (end
     of period)                                    13,038    12,100    7.8%

    Operating cost per ASM (cents)                  11.05     10.51    5.1%
    Operating cost per ASM excluding special
     items (cents)                                  10.56      9.23   14.4%
    Operating cost per ASM excluding special
     items, fuel and realized gains (losses)
     on fuel hedging instruments, net (cents)        7.39      6.49   13.9%

    Express
    Revenue passenger miles (in millions)             842       807    4.3%
    Available seat miles (in millions)              1,133     1,122    1.0%
    Passenger load factor (percent)                  74.3      71.9    2.4 pts
    Passenger revenue per ASM (cents)               13.97     12.88    8.5%
    Passenger enplanements (in thousands)           1,672     1,400   19.4%
    Operating cost per ASM (cents)                  12.97     13.43   -3.4%

    TOTAL - Mainline & Express
    Revenue passenger miles (in millions)           6,462     6,677   -3.2%
    Available seat miles (in millions)              8,341     8,693   -4.0%
    Passenger load factor (percent)                  77.5      76.8    0.7 pts
    Passenger revenue per ASM (cents)                9.79      8.96    9.3
    Total revenue per ASM (cents)                   10.45      9.61    8.8%
    Passenger enplanements (in thousands)           6,833     6,804    0.4%
    Operating cost per ASM (cents)                  11.31     10.88    3.9%


                                                12 Months  12 Months
                                                  Ended      Ended
                                                 Dec. 31,   Dec. 31,  Percent
                                                   2006       2005    Change

    Mainline
    Revenue passenger miles (in millions)          23,559    24,260   -2.9%
    Available seat miles (ASM) (in
     millions)                                     29,555    30,503   -3.1%
    Passenger load factor (percent)                  79.7      79.5    0.2 pts
    Yield (cents)                                   11.72     10.39   12.8%
    Passenger revenue per ASM (cents)                9.34      8.27   12.9%

    Passenger enplanements (in thousands)          21,260    22,130   -3.9%
    Aircraft (end of period)                          133       141   -5.7%
    Block hours                                   547,348   564,523   -3.0%
    Average stage length (miles)                    1,026     1,028   -0.2%
    Average passenger journey (miles)               1,576     1,659   -5.0%
    Fuel consumption (gallons in
     millions)                                      435.4     449.5   -3.1%
    Average fuel price (dollars per
     gallon) with related taxes                      2.09      1.80   16.5%
    Average fuel price including related taxes
     and realized gains (losses) on fuel
     hedging instruments, net (dollars)              2.11      1.65   28.2%
    Full-time equivalent employees (end
     of period)                                    13,038    12,100    7.8%

    Operating cost per ASM (cents)                  10.35      9.30   11.3%
    Operating cost per ASM excluding
     special items (cents)                          10.06      8.91   12.9%
    Operating cost per ASM excluding special
     items, fuel and realized gains (losses)
     on fuel hedging instruments, net (cents)        6.94      6.48    7.2%

    Express
    Revenue passenger miles (in millions)           3,559     3,300    7.8%
    Available seat miles (in millions)              4,714     4,589    2.7%
    Passenger load factor (percent)                  75.5      71.9    3.6 pts
    Passenger revenue per ASM (cents)               14.01     11.16   25.5%
    Passenger enplanements (in thousands)           6,870     5,600   22.7%
    Operating cost per ASM (cents)                  12.97     11.90    9.0%

    TOTAL - Mainline & Express
    Revenue passenger miles (in millions)          27,118    27,560   -1.6%
    Available seat miles (in millions)             34,269    35,091   -2.3%
    Passenger load factor (percent)                  79.1      78.5    0.6 pts
    Passenger revenue per ASM (cents)                9.98      8.64   15.5%
    Total revenue per ASM (cents)                   10.61      9.30   14.1%
    Passenger enplanements (in thousands)          28,130    27,730    1.4%
    Operating cost per ASM (cents)                  10.71      9.64   11.1%



                               US Airways, Inc.
                           Statements of Operations
                                (in millions)
                                 (unaudited)

                                                                   Predecessor
                                      Successor Company              Company
                       3 Months  3 Months        12 Months 3 Months  9 Months
                         Ended    Ended            Ended    Ended      Ended
                        Dec. 31, Dec. 31, Percent Dec. 31, Dec. 31,  Sept. 30,
                          2006     2005   Change    2006     2005      2005

    Operating revenues
      Mainline
       passenger         $1,260   $1,123    12.2   $5,205   $1,123     $3,738
      Express
       passenger            491      442    11.1    2,084      442      1,178
      Cargo                  32       25    28.0      122       25         71
      Other                 161      165    (2.4)     645      165        465
      Total operating
       revenues           1,944    1,755    10.8    8,056    1,755      5,452

    Operating expenses
      Aircraft fuel
       and related
       taxes                367      375    (2.1)   1,607      375      1,111
      Salaries and
       related
       costs                328      330    (0.6)   1,354      330      1,073
      Express expenses      504      490     2.9    2,060      490      1,372
      Aircraft rent         103       98     5.1      393       98        293
      Aircraft
       maintenance           96       86    11.6      340       86        253
      Other rent and
       landing fees          89      101   (11.9)     393      101        319
      Selling expenses       57       68   (16.2)     284       68        258
      Special items,
       net                   12       15   (20.0)      21       15         --
      Depreciation and
       amortization          33       37   (10.8)     138       37        152
      Other                 210      226    (7.1)     874      226        763
      Total operating
       expenses           1,799    1,826    (1.5)   7,464    1,826      5,594

      Operating
       income
       (loss)               145      (71)     nm      592      (71)      (142)

    Nonoperating income
     (expenses)
      Interest income        23       11      nm       84       11         15
      Interest expense,
       net                  (53)     (65)  (18.5)    (215)     (65)      (222)
      Reorganization
       items, net            --       --      nm       --       --        636
      Other, net             14        5      nm       13        5         (9)
      Nonoperating income
       (expenses), net      (16)     (49)  (67.3)    (118)     (49)       420

    Income (loss) before
     income taxes           129     (120)     nm      474     (120)       278

    Income tax provision
     (benefit)               68       --      nm      129       --         (2)

      Net income (loss)     $61    $(120)     nm     $345    $(120)      $280



                               US Airways, Inc.
                             Operating Statistics

                                                3 Months   3 Months
                                                  Ended      Ended
                                                 Dec. 31,   Dec. 31,  Percent
                                                   2006       2005    Change

    Mainline
    Revenue passenger miles (in millions)          9,011      8,266    9.0%
    Available seat miles (ASM) (in millions)      11,755     11,290    4.1%
    Passenger load factor (percent)                 76.7       73.2    3.4 pts
    Yield (cents)                                  13.98      13.59    2.9%
    Passenger revenue per ASM (cents)              10.72       9.95    7.7%

    Passenger enplanements (in thousands)          8,995      8,513    5.7%
    Aircraft (end of period)                         226        232   -2.6%
    Block hours                                  204,793    199,928    2.4%
    Average stage length (miles)                     850        792    7.3%
    Average passenger journey (miles)              1,002        971    3.2%
    Fuel consumption (gallons in millions)         191.3      178.7    7.1%
    Average fuel price (dollars per gallon)
     with related taxes                             1.92       2.10   -8.5%

    Full-time equivalent employees
     (end of period)                              19,421     20,110   -3.4%

    Operating cost per ASM (cents)                 11.02      11.83   -6.9%
    Operating cost per ASM excluding special
     items (cents)                                 10.92      11.70   -6.7%
    Operating cost per ASM excluding
     special items and fuel (cents)                 7.79       8.38   -7.0%

    Express
    Revenue passenger miles (in millions)          1,717      1,707    0.6%
    Available seat miles (in millions)             2,561      2,687   -4.7%
    Passenger load factor (percent)                 67.0       63.5    3.5 pts
    Passenger revenue per ASM (cents)              19.18      16.45   16.6%
    Passenger enplanements (in thousands)          4,587      4,448    3.1%
    Operating cost per ASM (cents)                 19.66      18.24    7.8%

    TOTAL - Mainline & Express
    Revenue passenger miles (in millions)         10,727      9,973    7.6%
    Available seat miles (in millions)            14,316     13,977    2.4%
    Passenger load factor (percent)                 74.9       71.3    3.6 pts
    Passenger revenue per ASM (cents)              12.23      11.20    9.2
    Total revenue per ASM (cents)                  13.58      12.56    8.1%
    Passenger enplanements (in thousands)         13,582     12,961    4.8%
    Operating cost per ASM (cents)                 12.56      13.06   -3.8%


                                                12 Months  12 Months
                                                  Ended      Ended
                                                 Dec. 31,   Dec. 31,  Percent
                                                   2006       2005    Change

    Mainline
    Revenue passenger miles (in millions)         37,130     38,895   -4.5%
    Available seat miles (ASM) (in
     millions)                                    47,428     51,518   -7.9%
    Passenger load factor (percent)                 78.3       75.5    2.8 pts
    Yield (cents)                                  14.02      12.50   12.2%
    Passenger revenue per ASM (cents)              10.97       9.44   16.3%

    Passenger enplanements (in thousands)         36,085     39,977   -9.7%
    Aircraft (end of period)                         226        232   -2.6%
    Block hours                                  817,547    928,362  -11.9%
    Average stage length (miles)                     869        791    9.8%
    Average passenger journey (miles)              1,029        973    5.8%
    Fuel consumption (gallons in
     millions)                                     774.8      841.9   -8.0%
    Average fuel price (dollars per
     gallon) with related taxes                     2.07       1.77   16.8%

    Full-time equivalent employees (end
     of period)                                   19,421     20,110   -3.4%

    Operating cost per ASM (cents)                 11.39      10.79    5.6%
    Operating cost per ASM excluding
     special items (cents)                         11.35      10.76    5.5%
    Operating cost per ASM excluding
     special items and fuel (cents)                 7.96       7.87    1.1%


    Express
    Revenue passenger miles (in millions)          7,076      6,640    6.6%
    Available seat miles (in millions)            10,197     10,369   -1.7%
    Passenger load factor (percent)                 69.4       64.0    5.4 pts
    Passenger revenue per ASM (cents)              20.44      15.62   30.8%
    Passenger enplanements (in thousands)         18,966     17,520    8.3
    Operating cost per ASM (cents)                 20.20      17.96   12.5%

    TOTAL - Mainline & Express
    Revenue passenger miles (in millions)         44,206     45,535   -2.9%
    Available seat miles (in millions)            57,625     61,887   -6.9%
    Passenger load factor (percent)                 76.7       73.6    3.1 pts
    Passenger revenue per ASM (cents)              12.65      10.47   20.8
    Total revenue per ASM (cents)                  13.98      11.65   20.0%
    Passenger enplanements (in thousands)         55,051     57,997   -4.3%
    Operating cost per ASM (cents)                 12.95      11.99    8.0%



                            US Airways Group, Inc.
                    Condensed Consolidated Balance Sheets
                                (in millions)
                                 (unaudited)

                                                Dec. 31, 2006    Dec. 31, 2005
    Assets

    Current assets
       Cash equivalents and short-term
        investments                                  2,366             1,577
       Restricted cash                                   1                 8
       Accounts receivable, net                        388               353
       Materials and supplies, net                     223               229
       Prepaid expenses and other                      377               392
          Total current assets                       3,355             2,559

    Property and equipment, net
       Flight equipment                              2,051             1,920
       Ground property and equipment                   598               532
       Less accumulated depreciation and
        amortization                                  (583)             (431)
                                                     2,066             2,021
       Equipment purchase deposits                      48                43
          Total property and equipment               2,114             2,064

    Other assets
       Goodwill                                        629               732
       Other intangibles, net                          554               583
       Restricted cash                                 666               792
       Other assets                                    258               234
          Total other assets                         2,107             2,341

          Total assets                              $7,576            $6,964

    Liabilities and Stockholders' Equity

    Current liabilities
       Current maturities of debt and
        capital leases                                  95              $211
       Accounts payable                                454               457
       Air traffic liability                           847               788
       Accrued compensation and vacation               262               210
       Accrued taxes                                   181               146
       Other accrued expenses                          873               847
          Total current liabilities                  2,712             2,659

    Noncurrent liabilities and deferred
     credits
       Long-term debt and capital leases,
        net of current maturities                    2,863             2,749
       Deferred gains and credits                      205               254
       Employment benefit liabilities and
        other                                          826               882
          Total noncurrent liabilities
           and deferred credits                      3,894             3,885

    Stockholders' equity
       Preferred stock                                  --                --
       Common stock                                      1                 1
       Additional paid-in capital                    1,502             1,258
       Accumulated deficit                            (522)             (826)
       Treasury stock                                  (13)              (13)
       Other comprehensive income                        2                --
          Total stockholders' equity                   970               420

       Total liabilities and
        stockholders' equity                        $7,576            $6,964

http://www.usairways.com

  • Palma.guide

Adresse
CONTACT:
Elise Eberwein of US Airways
+1-480-693-5574

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