US Airways Group, Inc. (NYSE:U) and UAL Corporation (NYSE:UAL), the company whose primary subsidiary is United Airlines, today issued the following statement regarding their proposed merger:

“US Airways Group, Inc. and UAL Corporation have confirmed that they are in discussions regarding the possibility of terminating the proposed merger between the two companies prior to the August 1 termination date.”

The two companies said they will make no further comment on the matter at this time.

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