Fitch Ratings has upgraded its ratings on US Airways Group, Inc. (NYSE:LCC) (US Airways) as follows: --Issuer Default Rating (IDR) to 'B-' from 'CCC'; --Secured term loan rating to 'BB-/RR1' from 'B/RR1'; --Senior unsecured rating to 'CCC/RR6' from 'CC/RR6'.

TEMPE, Ariz., Nov. 15 /PRNewswire-FirstCall/ -- US Airways announced that Richard Schifter resigned from the Boards of Directors of US Airways Group, Inc., US Airways, Inc., America West Airlines Inc. and America West Holdings Corporation effective Nov. 13, 2006.

TEMPE, Ariz., Oct. 28 /PRNewswire-FirstCall/ -- US Airways Group, Inc. announced today it has repurchased from noteholders approximately $250 million in principal amount at maturity of America West Airlines, Inc.'s 7.25 percent senior exchangeable notes due 2023.

By Eric Torbenson, The Dallas Morning News Oct. 18--With so many carriers struggling, there's a crying need for fewer airlines. The usual regulatory hurdles for mergers appear lower than ever. Investors eagerly await deals they can back.

Fitch Ratings has affirmed the issuer default rating (IDR) of 'CCC' and the senior unsecured rating of 'CC' on the debt obligations of America West Airlines, Inc. (AWA). Fitch has also initiated coverage of US Airways Group, Inc. (NYSE:LCC) with an IDR of 'CCC' and a senior unsecured rating of 'CC'.