American Airlines and US Airways Extend Merger Agreement

           American Airlines and US Airways Extend Merger Agreement

PR Newswire

FORT WORTH, Texas and TEMPE, Ariz., Sept. 23, 2013

FORT WORTH, Texas and TEMPE, Ariz., Sept. 23, 2013 /PRNewswire/ -- AMR
Corporation (OTCQB: AAMRQ), the parent company of American Airlines, Inc., and
US Airways Group, Inc. (NYSE: LCC) have each agreed to extend the outside date
at which either party may terminate the previously announced Agreement and
Plan of Merger (the Merger Agreement), in light of the trial schedule
surrounding litigation with U.S. Department of Justice.

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In a joint statement, Tom Horton, chairman, president and CEO of AMR, and Doug
Parker, chairman and CEO of US Airways, said, "The Boards and management teams
of AMR and US Airways remain committed to completing this combination to
create the new American, and the extension of this outside date is a
reflection of this commitment. Our focus is on mounting a vigorous defense and
winning our court case so the new American can enhance competition, provide
better service to our customers and create more opportunities for our
employees."

The amended Merger Agreement extends the date on which either AMR or US
Airways may terminate the Merger Agreement from December 17, 2013 to the later
of January 18, 2014, or, if the Court enters an order on or before January 17,
2014 in favor of American and US Airways, on the 15th day following the entry
of such order. In the event of an unfavorable ruling by the Court, AMR or US
Airways may terminate the merger agreement five days after the Court enters a
final, but appealable, order permanently enjoining the merger.

Further details about the amended Merger Agreement will be contained in Forms
8-K to be filed by each company today with the Securities and Exchange
Commission.

About American Airlines
American Airlines focuses on providing an exceptional travel experience across
the globe, serving more than 260 airports in more than 50 countries and
territories. American's fleet of nearly 900 aircraft fly more than 3,500 daily
flights worldwide from hubs in Chicago, Dallas/Fort Worth, Los Angeles, Miami
and New York. American flies to nearly 100 international locations including
important markets such as London, Madrid, Sao Paulo and Tokyo. With more than
500 new planes scheduled to join the fleet, including continued deliveries of
the Boeing 737 family of aircraft and new additions such as the Boeing
777-300ER and the Airbus A320 family of aircraft, American is building toward
the youngest and most modern fleet among major U.S. carriers. American's
website, AA.com^®, provides customers with easy access to check and book
fares, and personalized news, information and travel offers. American's
AAdvantage^® program, voted Airline Program of the Year at the 2013 Freddie
Awards, lets members redeem miles for flights to almost 950 destinations
worldwide, as well as flight upgrades, vacation packages, car rentals, hotel
stays and other retail products. The airline also offers nearly 40 Admirals
Club^® locations worldwide providing comfort, convenience, and an environment
with a full range of services making it easy for customers to stay productive
without interruption. American is a founding member of the oneworld^®
alliance, which brings together some of the best and biggest airlines in the
world, including global brands like British Airways, Cathay Pacific, Iberia
Airlines, Japan Airlines, LAN and Qantas. Together, its members serve more
than 840 destinations served by some 9,000 daily flights to nearly 160
countries and territories. Connect with American on Twitter @AmericanAir or
Facebook.com/AmericanAirlines. American Airlines, Inc. and American Eagle
Airlines, Inc. are subsidiaries of AMR Corporation. AMR Corporation common
stock trades under the symbol "AAMRQ" on the OTCQB marketplace, operated by
OTC Markets Group.

About US Airways
US Airways, along with US Airways Shuttle and US Airways Express, operates
more than 3,100 flights per day and serves 198 communities in the U.S.,
Canada, Mexico, Europe, the Middle East, the Caribbean, Central and South
America. The airline employs more than 32,000 aviation professionals
worldwide, operates the world's largest fleet of Airbus aircraft and is a
member of the Star Alliance network, which offers its customers more than
21,900 daily flights to 1,329 airports in 194 countries. Together with its US
Airways Express partners, the airline serves approximately 80 million
passengers each year and operates hubs in Charlotte, N.C., Philadelphia,
Phoenix and Washington, D.C. Aviation Week and Overhaul & Maintenance magazine
presented US Airways with the 2012 Aviation Maintenance, Repair and Overhaul
(MRO) of the Year Award for demonstrating outstanding achievement and
innovation in the area of technical operations. Military Times Edge magazine
named US Airways as a Best for Vets employer for the past three years. US
Airways was, for the third year in a row, the only airline included as one of
the 50 best companies to work for in the U.S. by LATINA Style magazine's 50
Report. The airline also earned a 100 percent rating on the Human Rights
Campaign Corporate Equality index for six consecutive years. The Corporate
Equality index is a leading indicator of companies' attitudes and policies
toward lesbian, gay, bisexual and transgender employees and customers. For
more company information visit usairways.com, follow on Twitter @USAirways or
at Facebook.com/USAirways.

Additional Information and Where To Find It
This communication does not constitute an offer to sell or the solicitation of
an offer to buy any securities or a solicitation of any vote or approval. AMR
Corporation ("AMR") has filed with the Securities and Exchange Commission
("SEC") a registration statement on Form S-4, which includes a proxy statement
of US Airways Group, Inc. ("US Airways") that also constitutes a prospectus of
AMR, and US Airways has filed with the SEC its definitive proxy statement on
Schedule 14A. AMR and US Airways have mailed the proxy statement/prospectus
to US Airways security holders. Investors and security holders of US Airways
are urged to read the proxy statement/prospectus and other relevant documents
filed with the SEC carefully and in their entirety because they contain
important information about the proposed transaction. Investors and security
holders may obtain free copies of the proxy statement/prospectus and other
documents containing important information about AMR and US Airways through
the website maintained by the SEC at http://www.sec.gov. Copies of the
documents filed with the SEC by US Airways can be obtained free of charge on
US Airways' website at www.usairways.com or by directing a written request to
US Airways Group, Inc., 111 West Rio Salado Parkway, Tempe, Arizona 85281,
Attention: Vice President, Legal Affairs. Copies of the documents filed with
the SEC by AMR can be obtained free of charge on AMR's website at www.aa.com
or by directing a written request to AMR Corporation, P.O. Box 619616, MD
5675, Dallas/Fort Worth International Airport, Texas 75261-9616, Attention:
Investor Relations or by emailing investor.relations@aa.com.

Cautionary Statement Regarding Forward-Looking Statements
This document includes forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995. These forward-looking
statements may be identified by words such as "may," "will," "expect,"
"intend," "anticipate," "believe," "estimate," "plan," "project," "could,"
"should," "would," "continue," "seek," "target," "guidance," "outlook,"
"forecast" and other similar words. These forward-looking statements are based
on AMR's and US Airways' current objectives, beliefs and expectations, and
they are subject to significant risks and uncertainties that may cause actual
results and financial position and timing of certain events to differ
materially from the information in the forward-looking statements. The
following factors, among others, could cause actual results and financial
position and timing of certain events to differ materially from those
described in the forward-looking statements: the lawsuit filed by the
Antitrust Division of the U.S. Department of Justice and certain states
seeking to enjoin the planned merger of AMR and US Airways on antitrust
grounds and the intention of AMR and US Airways to contest such lawsuit
vigorously; the challenges and costs of the proposed transaction, including
integrating operations and achieving anticipated synergies; the price of,
market for and potential market price volatility of common stock of the
ultimate parent entity following the closing of the proposed transaction;
significant liquidity requirements and substantial levels of indebtedness of
the combined company following the closing; potential limitations on the use
of certain tax attributes following the closing; failure of the proposed
transaction to be completed; and other economic, business, competitive, and/or
regulatory factors affecting the business of the combined company after the
closing and the businesses of US Airways and AMR generally, including those
set forth in the filings of US Airways and AMR with the SEC, especially in the
"Risk Factors" and "Management's Discussion and Analysis of Financial
Condition and Results of Operations" sections of their respective annual
reports on Form 10-K and quarterly reports on Form 10-Q, their current reports
on Form 8-K and other SEC filings, including the registration statement and
the proxy statement/prospectus related to the proposed transaction. Any
forward-looking statements speak only as of the date hereof or as of the dates
indicated in the statements. Neither AMR nor US Airways assumes any obligation
to publicly update or supplement any forward-looking statement to reflect
actual results, changes in assumptions or changes in other factors affecting
these forward-looking statements except as required by law.

SOURCE AMR Corporation; US Airways Group, Inc.

Website: http://www.aa.com
Website: http://www.usairways.com
Contact: AMR Media Relations, (817) 967-1577, mediarelations@aa.com, OR US
Airways Media Relations (480) 693-5729, media.relations@usairways.com
 
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