the United States Hispanic Chamber of Commerce Congratulates American Airlines and Us Airways On Their Merger

the United States Hispanic Chamber of Commerce Congratulates American Airlines
and Us Airways On Their Merger

WASHINGTON, Feb. 28, 2013 (GLOBE NEWSWIRE) -- The United States Hispanic
Chamber of Commerce (USHCC) applauds the recent merger of our long standing
and trusted partner, American Airlines, with US Airways. American Airlines is
one of the oldest and most reputable companies in the aviation sector,
employing 87,000 people worldwide, operating over 3400 flights every day to an
estimated 250 cities in more than 40 countries around the world. The merged
entity will keep the name American Airlines.

The $11 billion deal will allow the combined entity to become the nation's
largest airline carrier and secure its standing as one of the leading global
competitors in commercial aviation. Tom Horton, Chief Executive of American
Airlines will become chairman of the new board, and Doug Parker, Chief
Executive of US Airways, will take over as the CEO of the combined airlines.

The new American Airlines will offer 6,700 daily flights to 336 destinations
in 56 countries, while simultaneously helping to secure 70% of the American
market by domestic carriers.

"The USHCC is delighted with the announcement of this merger, as it
exemplifies the spirit of American business and allows one of our nation's
most iconic brands to continue to thrive in global markets," said President &
CEO Javier Palomarez. "This merger will result in a more focused, efficient
industry leader whose flights will better facilitate commerce at home and
abroad. American Airlines has remained steadfast in delivering high
performance standards even under difficult circumstances. The USHCC has stood
proudly by our friends at American Airlines, and I am certain this merger will
undoubtedly make American Airlines a worldwide leader in commercial aviation."

"After months of exhaustive analysis and a thorough review of all
alternatives, we concluded that this merger is the best outcome for our
company, delivering not only the greatest value for our financial stakeholders
but also positioning us well for sustainable success over the long term," said
American Airlines Chief Executive Tom Horton.

Important to the USHCC is the fact that American Airlines and US Airways
continue to lead the industry's corporate practices in diversity hiring and
contracting. American's Diversity Advisory Council has executed successful
workplace minority-hiring, with the company's Hispanic workforce currently
standing at 15%.

"We hope this merger will strengthen the tradition of minority contracting at
American, and expand the access to such opportunities for Hispanic Business
Enterprises and other minority-owned firms," concluded Palomarez.

About the USHCC

Founded in 1979, the USHCC actively promotes the economic growth and
development of Hispanic entrepreneurs and represents the interests of over 3
million Hispanic-owned businesses across the United States that contribute in
excess of $465 billion to the American economy each year. It also serves as
the umbrella organization for more than 200 local Hispanic chambers and
business associations in the United States and Puerto Rico. For more
information, visit

CONTACT: Valentina Pereda, USHCC Communications Manager