S&P rates US Airways loan B

Standard & Poor's said it assigned its B rating and 1 recovery rating to US Airways Group Inc.'s $1.1 billion secured term credit facility.

"The ratings on US Airways Group [B-/negative] reflect the inherent high risk profile of the U.S. airline industry, a still-substantial debt burden and limited financial flexibility," said S&P credit analyst Betsy Snyder.

"Ratings also incorporate the company's relatively low cost structure and significantly improved liquidity."

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