Us Airways Remains On Credit Watch Negative

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USA320Pilot

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May 18, 2003
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US Airways remains on credit watch negative-S&P

Acquisition by another airline or some other form of close integration into a broader alliance remains the best ultimate solution for US Airways


NEW YORK (S&P) - US Airways Group Inc. (B-/Watch Neg/--) today reported a fourth-quarter 2003 net loss of $98 million, compared with a net loss of $794 million in the year-earlier fourth quarter. Standard & Poor's Ratings Services said its ratings on US Airways Inc., which were lowered to current levels Jan. 9, 2004, remain on CreditWatch with negative implications.

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USA320Pilot
 
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