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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 HhB9kqmDDf+pxCac4yBg2ikMrsnszP1l0Op10Wk4gcUdMad4iKL66icAfCwj3oOw
 Ojx2VTAAUGd6c55yY9OOEQ==

<SEC-DOCUMENT>0000806085-97-000042.txt : 19970221
<SEC-HEADER>0000806085-97-000042.hdr.sgml : 19970221
ACCESSION NUMBER:		0000806085-97-000042
CONFORMED SUBMISSION TYPE:	SC 13G/A
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		19970211
SROS:			NASD

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERICA WEST AIRLINES INC
		CENTRAL INDEX KEY:			0000706270
		STANDARD INDUSTRIAL CLASSIFICATION:	AIR TRANSPORTATION, SCHEDULED [4512]
		IRS NUMBER:				860418245
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	005-34444
		FILM NUMBER:		97524934

	BUSINESS ADDRESS:	
		STREET 1:		4000 E SKY HARBOR BLVD
		STREET 2:		STE 2100
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85034
		BUSINESS PHONE:		6026930800

	MAIL ADDRESS:	
		STREET 1:		4000 EAST SKY HARBOR BLVD
		STREET 2:		STE 2100
		CITY:			PHOENIX
		STATE:			AZ
		ZIP:			85034

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LEHMAN BROTHERS HOLDINGS INC
		CENTRAL INDEX KEY:			0000806085
		STANDARD INDUSTRIAL CLASSIFICATION:	SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
		IRS NUMBER:				133216325
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		SC 13G/A

	BUSINESS ADDRESS:	
		STREET 1:		AMERICAN EXPRESS TWR
		STREET 2:		3 WORLD FINANCIAL CNTR
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048
		BUSINESS PHONE:		2125267000

	MAIL ADDRESS:	
		STREET 1:		AMERICAN EXPRESS TOWER 15TH FL
		STREET 2:		2 WORLD TRADE CENTER
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10048

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHEARSON LEHMAN HUTTON HOLDINGS INC
		DATE OF NAME CHANGE:	19901017
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G/A
<SEQUENCE>1
<DESCRIPTION>AMERICA WEST AIRLINES, INC. AMENDMENT
<TEXT>


                          Lehman Brothers Holdings Inc.
                      3 World Financial Center, 24th Floor
                               New York, NY 10285


                          OFFICE OF THE GENERAL COUNSEL


                                                           February 11, 1997


Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549

Attn:  Document Control--EDGAR


Re:  SCHEDULE 13G AMENDMENT NO. 5


Dear Commissioner:

         On behalf of Lehman  Brothers  Holdings Inc.(the "Reporting  Person"),
submitted in electronic form for filing, is an Amendment  No. 5 to a Schedule
13G relating to the Reporting  Person's  ownership of Common Stock of
America West Airlines, Inc.

         If you  have  any  questions  regarding  this  filing,  please
contact the undersigned at (212) 526-1911.


Very truly yours,

/s/ Karen C. Manson
- -------------------
Karen C. Manson
Vice President
Secretary


Enclosure

cc:      America West Airlines, Inc.
         National Association
          of Securities Dealers, Inc.

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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