| Business Summary | | US
Airways
Group,
Inc.'s
primary
business
activity
is
the
ownership
of
the
common
stock
of
US
Airways,
Inc.,
Allegheny
Airlines,
Inc.
Piedmont
Airlines,
Inc.,
PSA
Airlines,
Inc.,
Potomac
Air,
Inc.,
US
Airways
Leasing
and
Sales,
Inc.,
Material
Services
Company,
Inc.,
USLM
Corporation
and
Airways
Assurance
Limited,
LLC.
US
Airways,
Inc.
owns
all
of
the
common
stock
of
US
Airways
Investment
Management
Company,
Inc.
and
US
Airways
Finance
Corporation.
The
Company's
operations
consist
of
two
segments,
US
Airways
and
US
Airways
Express.
US
Airways
is
a
certificated
air
carrier
engaged
primarily
in
the
business
of
transporting
passengers,
property
and
mail.
Nine
air
carriers
have
code
share
arrangements
with
US
Airways
to
operate
under
the
trade
name
"US
Airways
Express,"
including
Allegheny,
Piedmont,
PSA
and
Potomac.
US
Airways
provides
reservations
and,
at
certain
stations,
ground
support
and
other
services,
in
return
for
service
fees. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | US
Airways
is
an
air
carrier
engaged
in
transporting
passengers,
property
and
mail.
U
also
owns
US
Airways,
Shuttle
Inc.,
Alleghany,
Piedmont,
and
PSA,
Fuel
Corp.,
US
Airways
Leasing
and
Sales,
MSC
and
AAL.
For
the
six
months
ended
6/30/01,
revenues
rose
4%
to
$4.73
billion.
Net
loss
before
accounting
change
totaled
$202
million,
up
from
$35
million.
Results
reflect
higher
revenue
passenger
miles,
offset
by
an
increase
in
full-time
employees
and
flight
hours. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Stephen Wolf, 59 Chairman | $11.6M | Rakesh Gangwal, 47 Pres,
CEO | 12.1M | Thomas Mutryn, 47 CFO,
Sr. VP-Fin. | 1.4M | Lawrence Nagin, 60 Exec.
VP - Corp. Affairs and Gen. Counsel | 2.1M | Anita Beier, 45 VP
and Controller | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|