8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): January 5, 2006

US AIRWAYS GROUP, INC.

(Exact name of registrant as specified in its charter)

Delaware	1-8444	54-1194634
(State of jurisdiction)	(Commission File No.)	(IRS Employer Identification No.)

111 West Rio Salado Parkway
Tempe, Arizona 85281
(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (480) 693-0800

US AIRWAYS, INC.

(Exact name of registrant as specified in its charter)

Delaware	1-8442	53-0218143
(State of jurisdiction)	(Commission File No.)	(IRS Employer Identification No.)

111 West Rio Salado Parkway
Tempe, Arizona 85281
(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (480) 693-0800

AMERICA WEST AIRLINES, INC.

(Exact name of registrant as specified in its charter)

Delaware	0-12337	86-0418245
(State of jurisdiction)	(Commission File No.)	(IRS Employer Identification No.)

4000 E. Sky Harbor Boulevard
Phoenix, Arizona 85034-3899
(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (480) 693-0800

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

	ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
	ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
SIGNATURES
EX-99.1

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

     On January 5, 2006, US Airways Group, Inc. (“US Airways”), announced via press release certain traffic statistics for December 2005. A copy of US Airways’ press release is furnished pursuant to Item 2.02 as Exhibit 99.1 to this Current Report on Form 8-K.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(c) Exhibits.

Exhibit No.	Description
99.1	Press Release, dated January 5, 2006.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, US Airways Group, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	US Airways Group, Inc.
Dated: January 5, 2006	By:	/s/ Derek J. Kerr
		Derek J. Kerr Senior Vice President and Chief Financial Officer

     Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, America West Holdings Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	America West Holdings Corporation
Dated: January 5, 2006	By:	/s/ Derek J. Kerr
		Derek J. Kerr Senior Vice President and Chief Financial Officer

     Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, US Airways, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	US Airways, Inc.
Dated: January 5, 2006	By:	/s/ Derek J. Kerr
		Derek J. Kerr Senior Vice President and Chief Financial Officer

     Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, America West Airlines, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	America West Airlines, Inc.
Dated: January 5, 2006	By:	/s/ Derek J. Kerr
		Derek J. Kerr Senior Vice President and Chief Financial Officer

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release, dated January 5, 2006.

EX-99.1

EXHIBIT 99.1

Contact:	Phil Gee
	480/693-5729

FOR IMMEDIATE RELEASE

US AIRWAYS GROUP, INC. REPORTS DECEMBER TRAFFIC

     TEMPE, Ariz., Jan. 5, 2006 — US Airways Group, Inc. (NYSE: LCC) today reported traffic statistics for the month of December 2005. For America West operated flights, revenue passenger miles (RPMs) for the month were a record 2.0 billion, up 0.6 percent from December 2004. Capacity was 2.5 billion available seat miles (ASMs), down 0.7 percent from December 2004. The passenger load factor for December was a record 76.4 percent versus 75.3 percent in December 2004.

     For US Airways mainline operated flights, RPMs for December 2005 were 2.6 billion, a decrease of 13.3 percent from December 2004. Capacity was 3.7 billion ASMs, down 13.4 percent from December 2004. The passenger load factor for the month of December was a 70.7 percent matching the 70.7 percent in December 2004.

     “December’s holiday travel was strong, and we continued our trend of double-digit year-over-year improvement in both revenue per available seat mile (RASM) and yield for the east and west networks,” said Scott Kirby, executive vice president, sales and marketing. “We are also especially proud of the US Airways team for delivering outstanding customer service to over 2.4 million customers during the recent holiday travel season.”

     Until US Airways operates under one certificate, data regarding America West and US Airways operated flights will continue to be reported separately. Additionally, US Airways Express wholly-owned regional carriers and US Airways’ MidAtlantic Airways division will continue to report separate data. US Airways Group, Inc., consisting of America West, US Airways mainline and US Airways Express combined operational information will also be reported.

     The following summarizes America West, US Airways mainline, US Airways Express and US Airways Group, Inc. combined December, fourth-quarter, and year-to-date traffic results for 2005 and 2004:

America West

DECEMBER	2005		2004		% Change
REVENUE PSGR MILES (000)		1,958,985		1,947,360		0.6
Domestic		1,890,431		1,877,459		0.7
International		68,554		69,902		-1.9
AVAILABLE SEAT MILES (000)		2,565,541		2,584,461		-0.7
Domestic		2,475,647		2,489,426		-0.6
International		89,894		95,035		-5.4
LOAD FACTOR (%)		76.4		75.3		1.1	PTS
ENPLANEMENTS		1,797,263		1,774,101		1.3

QUARTER ENDING	2005		2004		% Change
REVENUE PSGR MILES (000)		5,867,017		5,884,900		-0.3
Domestic		5,689,162		5,705,565		-0.3
International		177,855		179,335		-0.8
AVAILABLE SEAT MILES (000)		7,570,898		7,602,280		-0.4
Domestic		7,340,198		7,354,057		-0.2
International		230,701		248,223		-7.1
LOAD FACTOR (%)		77.5		77.4		0.1	PTS
ENPLANEMENTS		5,401,401		5,336,378		1.2

YEAR ENDING	2005		2004		% Change
REVENUE PSGR MILES (000)		24,257,226		23,333,079		4.0
Domestic		23,440,375		22,599,199		3.7
International		816,852		733,880		11.3
AVAILABLE SEAT MILES (000)		30,502,916		30,152,596		1.2
Domestic		29,443,236		29,168,416		0.9
International		1,059,679		984,180		7.7
LOAD FACTOR (%)		79.5		77.4		2.1	PTS
ENPLANEMENTS		22,126,897		21,132,444		4.7

US Airways Mainline

DECEMBER	2005		2004		% Change
REVENUE PSGR MILES (000)		2,632,795		3,038,233		-13.3
Domestic		1,952,592		2,312,195		-15.6
International		680,203		726,038		-6.3

DECEMBER	2005		2004		% Change
AVAILABLE SEAT MILES (000)		3,723,296		4,297,201		-13.4
Domestic		2,765,401		3,308,717		-16.4
International		957,895		988,484		-3.1
LOAD FACTOR (%)		70.7		70.7		—	PTS
ENPLANEMENTS		2,665,210		3,268,145		-18.4

QUARTER ENDING	2005		2004		% Change
REVENUE PSGR MILES (000)		8,265,770		9,514,652		-13.1
Domestic		6,105,389		7,218,565		-15.4
International		2,160,381		2,296,087		-5.9
AVAILABLE SEAT MILES (000)		11,290,460		13,004,911		-13.2
Domestic		8,401,374		9,966,231		-15.7
International		2,889,086		3,038,680		-4.9
LOAD FACTOR (%)		73.2		73.2		—	PTS
ENPLANEMENTS		8,512,568		10,151,681		-16.1

YEAR ENDING	2005		2004		% Change
REVENUE PSGR MILES (000)		38,894,959		39,970,019		-2.7
Domestic		28,497,856		29,419,479		-3.1
International		10,397,103		10,550,539		-1.5
AVAILABLE SEAT MILES (000)		51,518,448		53,229,016		-3.2
Domestic		38,183,824		39,678,704		-3.8
International		13,334,624		13,550,312		-1.6
LOAD FACTOR (%)		75.5		75.1		0.4	PTS
ENPLANEMENTS		39,977,337		41,517,835		-3.7

US Airways Express

DECEMBER	2005		2004		% Change
REVENUE PSGR MILES (000)		264,507		237,621		11.3
Domestic		264,507		237,621		11.3
AVAILABLE SEAT MILES (000)		436,934		383,677		13.9
Domestic		436,934		383,677		13.9
LOAD FACTOR (%)		60.5		61.9		-1.4	PTS
ENPLANEMENTS		730,262		664,578		9.9

QUARTER ENDING	2005		2004		% Change
REVENUE PSGR MILES (000)		849,550		729,681		16.4
Domestic		849,550		729,681		16.4
AVAILABLE SEAT MILES (000)		1,352,050		1,147,592		17.8
Domestic		1,352,050		1,147,592		17.8
LOAD FACTOR (%)		62.8		63.6		-0.8	PTS
ENPLANEMENTS		2,332,068		2,068,347		12.8

YEAR ENDING	2005		2004		% Change
REVENUE PSGR MILES (000)		3,498,926		2,102,702		66.4
Domestic		3,498,926		2,102,702		66.4
AVAILABLE SEAT MILES (000)		5,543,488		3,423,267		61.9
Domestic		5,543,488		3,423,267		61.9
LOAD FACTOR (%)		63.1		61.4		1.7	PTS
ENPLANEMENTS		9,472,806		7,138,766		32.7

Combined US Airways Group

DECEMBER	2005		2004		% Change
REVENUE PSGR MILES (000)		4,856,287		5,223,214		-7.0
Domestic		4,107,530		4,427,275		-7.2
International		748,757		795,940		-5.9
AVAILABLE SEAT MILES (000)		6,725,771		7,265,339		-7.4
Domestic		5,677,982		6,181,820		-8.2
International		1,047,789		1,083,519		-3.3
LOAD FACTOR (%)		72.2		71.9		0.3	PTS
ENPLANEMENTS		5,192,735		5,706,824		-9.0

QUARTER ENDING	2005		2004		% Change
REVENUE PSGR MILES (000)		14,982,337		16,129,233		-7.1
Domestic		12,644,101		13,653,811		-7.4
International		2,338,236		2,475,422		-5.5
AVAILABLE SEAT MILES (000)		20,213,408		21,754,783		-7.1
Domestic		17,093,622		18,467,880		-7.4
International		3,119,787		3,286,903		-5.1
LOAD FACTOR (%)		74.1		74.1		—	PTS
ENPLANEMENTS		16,246,037		17,556,406		-7.5

YEAR ENDING	2005		2004		% Change
REVENUE PSGR MILES (000)		66,651,111		65,405,800		1.9
Domestic		55,437,157		54,121,380		2.4
International		11,213,955		11,284,419		-0.6
AVAILABLE SEAT MILES (000)		87,564,852		86,804,879		0.9
Domestic		73,170,548		72,270,387		1.2
International		14,394,303		14,534,492		-1.0
LOAD FACTOR (%)		76.1		75.3		0.8	PTS
ENPLANEMENTS		71,577,040		69,789,045		2.6

Integration Update

     As part of the airline’s monthly traffic release, US Airways will provide a brief update on the integration process between US Airways and America West. Listed below are major accomplishments from the month of December:

• To date, 30 of 38 common-use airports integrated.

• New US Airways Club opens at LAX.

• Transition agreement reached with customer service employee association (Communications Workers of America (CWA) and the International Brotherhood of Teamsters (IBT)).

• First US Airways gift card introduced (America West was the first airline to offer a gift card).

• Low cost pricing structure introduced to US Airways Shuttle markets (Washington National, Boston, New York LaGuardia).

     For the month of December 2005, America West will report domestic on-time performance of 78.5 percent and a completion factor of 98.5 percent to the U.S. Department of Transportation (DOT). US Airways will also report to the DOT domestic on-time performance of 76.5 percent and a completion factor of 98.8 percent.

     US Airways and America West’s recent merger creates the fifth largest domestic airline employing approximately 35,000 aviation professionals and serving more than 230 destinations. This press release and additional information on US Airways can be found at www.usairways.com or www.americawest.com. (LCC)

     US Airways is a member of the Star Alliance, which was established in 1997 as the first truly global airline alliance to offer customers global reach and a smooth travel experience. Star Alliance has been voted Best Airline Alliance by Skytrax in 2003 and 2005. The members are Air Canada, Air New Zealand, ANA, Asiana Airlines, Austrian, bmi, LOT Polish Airlines, Lufthansa, Scandinavian Airlines, Singapore Airlines, Spanair, TAP Portugal, THAI, United, US Airways and VARIG Brazilian Airlines. South African Airways and SWISS will be integrated during the first half of 2006. Overall, the member carriers offer more than 15,000 daily flights to 790 destinations in 138 countries.

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 of US Airways Group (the “Company”), expected fuel costs, the revenue and pricing environment, and expected financial performance. Such statements include, but are not limited to, statements about the benefits of the business combination transaction involving America West Holdings Corporation and US Airways Group, including future financial and operating results, the combined companies’ plans, objectives, expectations and intentions and other statements that are not historical facts. Such statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties that could cause the Company’s actual results and financial position to differ materially from these statements. Such risks and uncertainties include, but are not limited to, the following: the ability of the Company to obtain and maintain any necessary financing for operations and other purposes (including compliance with financial covenants); the ability of the Company to maintain adequate liquidity; the impact of changes in fuel prices; the impact of economic conditions; changes in prevailing interest rates; the ability to attract and retain qualified personnel; the ability of the Company to attract and retain customers; the ability of the Company to obtain and maintain commercially reasonable terms with vendors and service providers; the cyclical nature of the airline industry; competitive practices in the industry, including significant fare restructuring activities by major airlines; labor costs; security-related and insurance costs; weather conditions; government legislation and regulation; relations with unionized employees generally and the impact and outcome of the labor negotiations; the impact of global instability including the potential impact of current and future hostilities, terrorist attacks, infectious disease outbreaks or other global events; the impact of the resolution of remaining claims in US Airways Group’s Chapter 11 proceedings; the ability of the Company to fund and execute its business plan following the Chapter 11 proceedings and the merger; and other risks and uncertainties listed from time to time in the Company’s reports to the SEC. There may be other factors not identified above of which the Company is not currently aware that may affect matters discussed in the forward-looking statements, and may also cause actual results to differ materially from those discussed. The Company assumes no obligation to publicly update any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting such estimates other than as required by law. Additional factors that may affect the future results of the Company are set forth in the section entitled “Risk Factors” in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2005 and in the filings of the Company with the SEC, which are available at www.usairways.com.

-LCC-