Iberia Bank Account Transactions

AMR Corporation and US Airways Announce Board of Directors for the New American Airlines.

FORT WORTH, Texas

 and TEMPE, Ariz., June 10, 2013 /PRNewswire/ —
AMR

 Corporation (OTCQB: AAMRQ), the parent company of American Airlines,
Inc., and
US Airways Group

, Inc. (
NYSE

:
LCC

) today announced the members
of the Board of Directors of the combined company, American Airlines
Group Inc., effective after the closing of the companies’ expected
merger.

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As previously announced, the Board of Directors will be comprised of
twelve members. Thomas Horton, chairman, president and chief executive
officer of AMR will serve as Chairman of the combined airline’s
Board of Directors through its first annual meeting of shareholders.
Doug Parker, chairman and
CEO

 of US Airways Group, will serve as Chief
Executive Officer and a member of the Board of Directors. Mr. Parker
will assume the position of Chairman of the Board following the
conclusion of Mr. Horton’s service.

In addition to Messrs. Horton and Parker, the Board will be
comprised of the following individuals, who the companies believe have
the experience, breadth and perspective to guide the new American
Airlines to create value for all of the company’s stakeholders:

* John T. Cahill, Lead Independent Director

* James F. Albaugh

* Jeffrey D. Benjamin

* Michael J. Embler

* Matthew J. Hart

* Alberto Ibarguen

* Richard C. Kraemer

* Denise M. O’Leary

* Ray M. Robinson

* Richard P. Schifter

As previously announced, AMR and US Airways agreed to combine to
create the new American Airlines, a premier global carrier.
Headquartered in Dallas-Fort Worth, the new American Airlines will
become a highly competitive alternative for consumers to other global
carriers and is expected to offer more than 6,700 daily flights to 336
destinations in 56 countries. The combined airline will offer customers
more choices and increased service across a larger worldwide network and
through an enhanced one world Alliance. Together, American Airlines and
US Airways are expected to operate a mainline fleet of almost 950
aircraft and employ more than 100,000 team members worldwide. The merger
is subject to regulatory approvals, approval by US Airways shareholders,
other customary closing conditions and confirmation of American
Airlines’ Plan of Reorganization by the U.S. Bankruptcy Court for
the Southern District of New York.

About the Directors

Thomas W. Horton(Age 52). Mr. Horton has served as a director of AMR
Corporation and American since 2011. Mr. Horton was named Chairman and
Chief Executive Officer of AMR and American in November 2011, and also
continues to serve as President of AMR and American. Previously, Mr.
Horton served as Executive Vice President-Finance and Planning and Chief
Financial Officer of AMR and American starting in March 2006 upon
returning to American from AT&T. He was named President in July
2010. At AT&T, he served as Vice Chairman and Chief Financial
Officer. Mr. Horton initially joined American in 1985 and held a range
of senior financial positions with American. From 1998 to 2000, he was
Vice President responsible for the airline’s international
business, based in London. In January 2000, Mr. Horton became Senior
Vice President and Chief Financial Officer of AMR. Mr. Horton serves on
the board of directors of Qualcomm Incorporated.

W. Douglas Parker(Age 51). Mr. Parker has served as Chairman of the
Board and Chief Executive Officer of US Airways Group and US Airways
since 2005. Mr. Parker also served as President of US Airways Group and
US Airways from 2005 to 2006. Mr. Parker served as Chairman of the Board
and Chief Executive Officer of
America West Holdings

 Corporation
(America West) and
America West Airlines

, Inc. (AWA) from 2001 to 2007
and served as a director of America West and AWA from 1999 to 2007. Mr.
Parker joined AWA as Senior Vice President and Chief Financial Officer
in 1995. He was elected President of AWA in 2000 and
Chief Operating
Officer

 of AWA in 2000. Mr. Parker served on the board of directors of
Pinnacle West Capital Corporation from 2007 until February 2012.

John T. Cahill(Age 56). Mr. Cahill has served as the Executive
Chairman of Kraft Foods Group, Inc., a
food and beverage

 company, since
October 2012. He joined Kraft Foods, Inc., the former parent of Kraft
Foods Group, in January 2012 as Executive Chairman, North American
Grocery, and served in that capacity until October 2012. Prior thereto,
he served as an industrial partner at Ripplewood Holdings LLC, a private
equity firm, from 2008 to 2011. Mr. Cahill spent nine years with The
Pepsi Bottling Group, Inc., a beverage manufacturing company, most
recently as Chairman and Chief Executive Officer from 2003 to 2006 and
Executive Chairman until 2007. Mr. Cahill previously spent nine years
with PepsiCo, Inc., a food and beverage company, in a variety of
leadership positions. Mr. Cahill currently serves as a member of the
board of directors of Colgate-Palmolive Company, a consumer products
company, and as a director of Legg Mason, Inc., an investment management
firm. Mr. Cahill has also served on the board of directors of Frontier
Holdings, Inc., the parent of Frontier Airlines.

James F. Albaugh(Age 63). Mr. Albaugh has been a senior advisor to
The Blackstone Group L.P. since December 2012. Prior thereto, he was
President and Chief Executive Officer of The Boeing Company’s
Commercial Airplanes business unit from September 2009 through June
2012. Prior to that position, Mr. Albaugh was President and Chief
Executive Officer of Boeing’s
Integrated Defense Systems

 business
unit from July 2002 to September 2009. Prior to that time, Mr. Albaugh,
who joined Boeing in 1975, held various executive positions, including
President and Chief Executive of Space and Communications and President
of Space Transportation. Mr. Albaugh was a member of Boeing’s
Executive Council from 1998 through 2012. Mr. Albaugh is a member of the
board of directors of
TRW Automotive Holdings

 Corp. He is also President
Elect of the American Institute of Aeronautics and Astronautics; a
fellow of the
Royal Aeronautical Society

; an elected member of the
International Academy of Aeronautics and the National Academy of
Engineering; a member of the Board of Governors of the Wings Club; a
member of the board of trustees of Willamette University and a member of
the board of visitors of Columbia Engineering School.

Jeffrey D. Benjamin(Age 51). Mr. Benjamin has been a senior advisor
to Cyrus Capital Partners, L.P., a registered investment adviser, since
June 2008 and serves as a consultant to Apollo Global Management, LLC, a
private investment fund. He was a senior advisor to Apollo Global
Management, LLC from 2002 to 2008. Mr. Benjamin serves on the boards of
directors of Caesars Entertainment Corp., Exco Resources, Inc., and
Chemtura Corporation. He is also Chairman of the board of directors of
Spectrum Group International, Inc. He previously served on the boards of
directors of Virgin Media Inc., Goodman Global Holdings, Inc., Dade
Behring Holdings, Inc., Chiquita Brands International, Inc., McLeodUSA
LLC and
Mandalay Resort Group

, among others.

Michael J. Embler(Age 49). Mr. Embler served as the Chief Investment
Officer of Franklin Mutual Advisers LLC, an asset management subsidiary
of Franklin Resources, Inc., from 2005 to 2009. Mr. Embler joined
Franklin Mutual Advisers in 2001 and, prior to becoming Chief Investment
Officer in 2005, served as head of its Distressed Investment Group. From
1992 until 2001, he worked at Nomura Holdings America in positions of
increasing responsibility culminating in the position of Managing
Director co-heading Nomura’s Proprietary Distressed Debt/Special
Situations Group. Mr. Embler currently serves on the boards of directors
of CIT Group Inc. and NMI Holdings, Inc. He also serves on the board of
trustees of The Corlears School, a non-profit institution. Mr. Embler
has also served on the boards of directors of Abovenet Inc., Kindred
Healthcare Inc. and Dynegy Inc.

Matthew J. Hart(Age 61). Mr. Hart was President and Chief Operating
Officer of
Hilton Hotels Corporation

, a hotel developer and operator,
from 2004 until the acquisition of Hilton by the Blackstone Group in
2007. He served as Executive Vice President and Chief Financial Officer
of Hilton from 1996 to 2004. Before joining Hilton in 1996, Mr. Hart was
Senior Vice President and Treasurer of The Walt Disney Company from 1995
to 1996, and was Executive Vice President and Chief Financial Officer
for Host Marriott Corp. from 1993 to 1995. He serves on the boards of
directors of Great American Group, Inc. and Air Lease Corporation and is
a member of the board of directors of
Heal the Bay

, a non-profit
organization. Mr. Hart served on the boards of directors of America West
and AWA from 2004 to 2005, and was elected to the boards of US Airways
Group and US Airways in 2006.

Alberto Ibarguen (Age 69). Mr. Ibarguen has served as a director of
AMR Corporation and American since 2008. Mr. Ibarguen has served as
President and Chief Executive Officer of the John S. and
James L. Knight

 Foundation since July 2005. In this role, he has led the
foundation’s support of journalism and civic advancement in 26 U.S.
communities. Previously, Mr. Ibarguen served as Chairman of Miami Herald
Publishing Co. from 1998 to 2005, a Knight Ridder subsidiary, and as
publisher of The Miami Herald and of
El Nuevo Herald

. He is a director
of PepsiCo, Inc., AOL Inc., and the World Wide Web Foundation (based in
Switzerland). He previously served as a director of NCL Corporation Ltd.
and on the advisory committee of the
Public Company Accounting Oversight
Board

. He is also a former Chairman of the Board of the
Public
Broadcasting Service

 and the Newseum in Washington, D.C.

Richard C. Kraemer (Age 69). Mr. Kraemer is President of Chartwell
Capital, Inc., a private investment company. Mr. Kraemer served as a
director of America West and AWA from 1992 to 2007. He became a member
of the boards of US Airways Group and US Airways in 2005. Mr. Kraemer
was employed from 1975 until 1996 by U.D.C. Homes, a national
homebuilder, in various management positions including President, Chief
Operating Officer and Chief Executive Officer. Mr. Kraemer also serves
as a member of the board of directors of Knight Transportation, Inc.

Denise M. O’Leary(Age 55). Ms. O’Leary has been a private
investor in early stage companies since 1996. From 1983 until 1996, she
was employed at Menlo Ventures, a venture capital firm, first as an
associate and then as a general partner. She serves as a director of
Medtronic, Inc. and Calpine Corporation. Additionally, she serves on the
boards of directors of the Corporation for Supportive Housing and the
Denver Foundation and is a member of the boards of trustees of the
Bonfils-Stanton Foundation and the
University of Denver

. Ms.
O’Leary served as a director of America West and AWA from 1998 to
2007 and became a member of the boards of US Airways Group and US
Airways in 2005.

Ray M. Robinson (Age 65). Mr. Robinson has served as a director of
AMR Corporation and American since 2005. Mr. Robinson started his career
at AT&T in 1968, and prior to his retirement in 2003, he held
several executive positions, including President of the Southern Region,
its largest region, President and Chief Executive Officer of AT&T
Tridom, Vice President of Operations for AT&T Business Customer
Care, Senior Vice President of AT&T Outbound Services, and Vice
President of AT&T Public Relations. Since 2003, Mr. Robinson has
served as Chairman of Citizens Trust Bank of Atlanta, Georgia, the
largest African American-owned bank in the Southeastern U.S. and the
nation’s second largest. Mr. Robinson is also a director of
Aaron’s, Inc., Acuity Brands, Inc., and Avnet, Inc., and he
previously served as a director of ChoicePoint Inc.

Richard P. Schifter(Age 60). Mr. Schifter has been a partner at TPG
Capital (formerly Texas Pacific Group) since 1994. Prior to joining TPG,
Mr. Schifter was a partner at the law firm of Arnold & Porter in
Washington, D.C., where he specialized in bankruptcy law and corporate
restructuring and represented Air Partners in connection with the
acquisition of Continental Airlines in 1993. Mr. Schifter joined Arnold
& Porter in 1979 and was a partner from 1986 through 1994. Mr.
Schifter is a member of the boards of directors of
Republic Airways
Holdings

 Inc., EverBank Financial Corp., American Beacon Advisors, Inc.,
Direct General Corporation and ProSight Specialty Insurance Holdings,
Inc. Mr. Schifter has advised the new American Airlines that he will
resign from the board of directors of Republic Airways Holdings Inc.
prior to becoming a director of the new American Airlines. Mr. Schifter
has also served on the boards of directors of Ryanair Holdings, PLC,
America West Holdings, US Airways Group and Midwest Airlines, Inc. Mr.
Schifter is also a member of the board of overseers of the
University of
Pennsylvania Law School

 and a member of the board of directors of Youth,
I.N.C. (Improving Non-Profits for Children).

About the Director Selection Process

The selection process for the Board of Directors of the new American
Airlines was established pursuant to the Merger Agreement. In addition
to the continuing directors selected by each of the two companies, an
eight-member search committee designated by representatives of the
Creditors’ Committee and the
Ad Hoc Committee
 A committee formed with the purpose of addressing a specific issue or issues, which theoretically is disbanded once its raison d’etre is finished
 of AMR Creditors,
among other things, selected five new directors (including the new lead
independent director). The firm Heidrick & Struggles was retained to
assist with the process. The decisions of the search committee were
approved on a consensual basis by all eight search committee
members.

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

See over-the-counter market (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. (
LCCG

)

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. The proposed merger transaction between AMR
Corporation (“AMR”) and US Airways Group, Inc. (“US
Airways”) will be submitted to the stockholders of US Airways for
their consideration. AMR has filed with the Securities and Exchange
Commission (“SEC”) a registration statement on Form S-4, which
includes a preliminary proxy statement of US Airways that also
constitutes a prospectus of AMR. US Airways expects to file with the SEC
a definitive proxy statement on Schedule 14A, and AMR and US Airways
also plan to file other documents with the SEC regarding the proposed
transaction. Investors and security holders of US Airways are urged to
read the PRELIMINARY proxy statement/prospectus and other relevant
documents that will be filed with the SEC (including the definitive
proxy statement/PROSPECTUS) carefully and in their entirety when they
become available because they contain important information about the
proposed transaction. Investors and security holders may obtain free
copies of the preliminary proxy statement/prospectus and other documents
containing important information about AMR and US Airways (including the
definitive proxy statement/prospectus), once such documents are filed
with the SEC, through the website maintained by the SEC at
http://www.sec.gov. Copies of the documents filed with the SEC by US
Airways, when and if available, 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, when and if available, 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.

US Airways, AMR and certain of their respective directors, executive
officers and certain members of management may be deemed to be
participants in the solicitation of proxies from the stockholders of US
Airways in connection with the proposed transaction. Information about
the directors and executive officers of US Airways is set forth in its
Annual Report on Form 10-K/A, which was filed with the SEC on April 16,
2013, and the preliminary proxy statement/prospectus related to the
proposed transaction, which is included in the Form S-4 that was filed
with the SEC on April 15, 2013 and amended on May 20, 2013 and June 3,
2013. Information about the directors and executive officers of AMR is
set forth in its Annual Report on Form 10-K/A, which was filed with the
SEC on April 16, 2013, and the preliminary proxy statement/prospectus
related to the proposed transaction, which is included in the Form S-4
that was filed with the SEC on April 15, 2013 and amended on May 20,
2013 and June 3, 2013. These documents can be obtained free of charge
from the sources indicated above. Other information regarding the
participants in the proxy solicitation may also be included in the
definitive proxy statement/prospectus and other relevant materials when
and if filed with the SEC in connection with the proposed
transaction.

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 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