(Source: Business Wire)US Airways Group, Inc. (NYSE: LCC) ("US Airways" or the "Company") announced today the sale of 26,315,790 shares of its common stock to Citi, as underwriter in the public offering of those shares. The Company granted Citi an option to purchase up to an additional 3,947,369 shares of common stock solely to cover over-allotments, if any. Completion of the sale is subject to customary closing conditions, and the sale is expected to close on September 28, 2009.

The Company plans to use the proceeds for general corporate purposes.

The shares of common stock are being offered under the Company's existing effective shelf registration statement. A prospectus supplement and accompanying prospectus describing the terms of the offering will be filed with the Securities and Exchange Commission. When available, copies of the prospectus supplement and the accompanying prospectus may be obtained from Citi at Citi Brooklyn Army Terminal, 140 58th Street, 8th Floor, Brooklyn, NY 11220 or by phone at 800-831-9146.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sales of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

US Airways, along with US Airways Shuttle and US Airways Express, operates more than 3,000 flights per day and serves more than 200 communities in the U.S., Canada, Europe, the Middle East, the Caribbean and Latin America. The airline employs more than 32,000 aviation professionals worldwide and is a member of the Star Alliance network, which offers its customers more than 17,000 daily flights to 916 destinations in 160 countries worldwide.

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," "anticipate," "believe," "estimate," "plan," "could," "should," and "continue" and similar terms used in connection with statements regarding the outlook, expected fuel costs, revenue and pricing environment, and expected financial performance of US Airways Group (the "Company").