BERKSHIRE HATHAWAY INC.
NEWS RELEASE
FOR IMMEDIATE RELEASE May 8, 1997
In a press release today, US Airways announced a number of
measures designed to improve efficiency. Warren Buffett,
Chairman and CEO of Berkshire Hathaway Inc. which through its
subsidiaries currently owns $358 million of US Airways Series A
Cumulative Convertible Preferred Stock having aggregate voting
rights of approximately 10% of total US Airways voting rights,
issued the following statement, commenting on the measures:
"I have been associated with US Airways for a number of
years and I believe these actions represent a level of foresight
and a sense of urgency essential to its future. The company's
new management is ready to act in the best interests of all
shareholders, employees and communities served -- and now is the
time to act. If the labor groups have the will, I know
management has the ability to make this airline into the global
competitor everyone wants it to be."
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CONTACT: Marc D. Hamburg (402)346-1400