Got this email today: Dear Friends-

I'm writing to draw your attention to a business transaction announced this morning. The transaction is between US Airways and Delta Airlines. It will allow US Airways to expand service at Ronald Reagan Washington National Airport. We will also gain the opportunity to enter key international business centers in Brazil and Japan.

The details of the announcement are included in the attached US Airways press release. Here are the highlights of the transaction:


· US Airways will obtain 42 pairs of slots at National Airport and will also acquire the rights to initiate international service to Sao Paulo and Tokyo.



· US Airways will transfer to Delta 125 pairs of slots currently used to provide US Airways Express service at LaGuardia.



· At National Airport, US Airways will provide nonstop service to 15 new daily destinations, including eight cities that currently have no daily nonstop service from DCA on any airline. We plan to maintain service to all DCA destinations where Delta decides to discontinue service as a result of this transaction.



· At LaGuardia, US Airways will maintain a significant presence, including the popular US Airways Shuttle. No changes are planned for US Airways' mainline flight levels at LaGuardia.



· US Airways expects the transaction to improve its profitability by more than $75 million annually.



We are excited about today's announcement and the opportunity to build on our solid presence in Washington, D.C. When the transaction is completed, US Airways will bring more jet air service to smaller communities from our nation's Capital. The transaction will improve our near and long-term profitability to the benefit of our employees, our customers, and the communities we serve.

--Tom Chapman
Vice President for Congressional & Federal Affairs
US Airways