The Board of Directors
for US Airways Group Inc., elected Ronald E. Stanley to the board,
effective immediately.
The Board also approved the promotion of three senior officers as part of
the consolidation of the company’s finance department. David M. Davis,
previously chief financial officer, is now executive vice president and
chief financial officer. Anita P. Beier, previously vice president and
controller is now senior vice president and controller. Eiliff
Serck-Hanssen, previously vice president-finance and treasurer, is now
senior vice president-finance, and treasurer. Beier and Serck-Hanssen
report to Davis, who in turn reports to Lakefield. These three officers
are handling the responsibilities of a fourth position, which will remain
vacant.

US Airways Group, Inc. Chairman Dr. David G. Bronner said, “We are pleased
to have been able to attract such a high-caliber and reputable individual
as Ronald Stanley to our board. The Board’s actions today reflect an
ongoing effort to build and maintain a strong management team and build a
partnership with our employees.”

Stanley is currently a director of Scholefield, Turnbull & Partners, a
business travel consulting firm based in London, vice chairman and
director of Decatur Foundry Inc., and strategic partner of Venpartners
LLC. He previously was chief operating officer and director, HSBC Equator,
and vice president at Harris Bank. He also held several key positions at
the Royal Bank of Canada Europe, including general manager, Europe, Middle
East and Africa. Stanley was a member of the executive committee for RBC
Dominion Securities, culminating a four-year tenure as senior vice
president and general manager of the bank’s European division. Stanley
served in the U.S. Air Force in the U.S., Europe, and South East Asia. He
is a veteran of the Vietnam War.

Davis joined US Airways in April 2002 as vice president of financial
planning and analysis and was responsible for operating and capital
budgeting, divisional cost control, financial analysis, and transactions
support.

Prior to joining US Airways, Davis held the position of vice president -
financial planning and analysis for Budget Group, Inc. Previously, he held
key finance positions at both Delta Air Lines and Northwest Airlines.
Davis holds an MBA in finance and a bachelor of science degree in
aerospace engineering, both from the University of Minnesota.

Beier is responsible for the management of all accounting functions for US
Airways Group, Inc., and its subsidiaries, including financial reporting,
revenue accounting, accounts payable and payroll. She came to the airline
from CSX Corp., where she held a number of positions in financial
management. Beier also was chief financial officer of American Commercial
Lines and an economist for the Federal Railroad Administration. She holds
a bachelor of science degree in business administration and a master’s in
business administration from the University of Maryland.

Serck-Hanssen is responsible for US Airways’ capital markets and aircraft
financing, insurance programs, risk and cash management, pensions,
investments programs, treasury, tax and fuel.

Before joining US Airways, Serck-Hanssen spent six years with Northwest
Airlines as managing director of finance and assistant treasurer. While at
Northwest, his responsibilities included bank and airport bond financing,
credit and collections, insurance and risk management, fleet planning,
flight profitability, labor analysis, alliance finance and the development
of the company’s business plans. His professional career included work for
PepsiCo, where he oversaw an aggressive program for expansion into
Vietnam. He also worked for PricewaterhouseCoopers in London and is a
member in good standing of the Institute of Chartered Accountants in
England and Wales.

He has an MBA from the University of Chicago, a BA in management science
from the University of Kent, UK, and a BSc in civil engineering from
University of Bergen, Norway.
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