Doug Parker, US Airways

Doug Parker

US Airways

US Airways is the sixth largest airline by traffic and eighth largest by market value in the USA, serving destiations in the US, Canada, Mexico, Europe, the Middle East, the Caribbean, Central and South America.

    Operating revenue (million) 11,908 USD (2010)
    Passengers (million) 51.85  (2010)
    Fleet 343 aircraft in service
    AB 2010 financial ranking 14
    AB 2010 traffic ranking 13

History

Established as All American Aviation by brothers Richard and Alexis du Pont in 1937. Although an experimental airmail pick-up service, flown with a single Stinson Reliant aircraft began on 13 September 1937, it was not until 12 May 1939 that the company launched airmail services on routes throughout Pennsylvania and the Ohio Valley, flown from its hub and main base in Pittsburgh.

The airline rebranded as All American Airways and started passenger services on 7 March 1949 with Douglas DC-3s.

The airline rebranded again in 1953, becoming Allegheny Airlines. Lake Central Airlines was taken over in July 1968, followed by Mohawk Airlines in April 1972.

The USAir brand was adopted on 28 October 1979. Growth through mergers continued, with Pacific Southwest Airlines (PSA) acquired in April 1988 and Piedmont Airlines, in August 1989.

The US Airways name was adopted on 27 February 1997, in anticipation of a planned merger with British Airways which was never realised.

On 11 August 2002 US Airways filed for Chapter 11 bankruptcy protection while operations continued as normal. On 14 August 2002 The New York Stock Exchange (NYSE) suspended trading of US Airways. On 31 March 2003 the airline emerged from bankruptcy protection less than eight months after filing for Chapter 11.

In May 2004 US Airways became a member of the Star Alliance global airline group.

On 12 September 2004 the airline again declared itself bankrupt, 18 months after emerging from a Chapter 11 restructuring. On 27 September 2005 US Airways and America West Airlines announced the completion of their merger, whereby America West acquired the assets of US Airways. The newly created US Airways Group retained ownership of America West Airlines through America West Holdings Corporation. The two airlines maintained separate operating certificates until 27 September 2007, when the FAA granted the new, Phoenix-based US Airways a single AOC.