TEMPE, Ariz., May 11, 2012 /PRNewswire/ –?US Airways Group, Inc. (NYSE: LCC) today issued the following statement:
We are very pleased that the AMR management team and Board of Directors have committed to a process to explore consolidation scenarios that will enhance value for its stakeholders.?The Unsecured Creditors Committee should be recognized for its efforts and we look forward to working with the Committee in the process going forward. As previously stated, US Airways has concluded that a combination is in the best interests of employees, customers and the communities of both companies, as well as AMR’s creditors and US Airways’ investors.? We look forward to engaging…
Source: US Airways