Wednesday, May 02, 2007

PAR Capital Sells 6.75M Shares of US Airways Group (LCC), Cutting Stake to 0.29%

In an amended 13D filing on US Airways Group, Inc. (NYSE: LCC), PAR Capital Management showed a 0.29% stake (268K shares) in the airline. This is down from 7.01 million shares.

On May 1, 2007, PAR Investment Partners sold 6,750,000 shares of Common Stock of the Issuer to UBS Securities LLC. NOTE: PAR Investment Partners sold 6,500,000 LCC shares on February 13, 2007 (previously disclosed)

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