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Exhibit 10.2
 
 U S AIRWAYS GROUP, INC.
2007 Performance-Based Award Program
(Established Effective March 26, 2007)
  Section I. Purpose
  
    
    Focus management efforts on the creation of long-term stockholder value.
    
    Encourage strategic decision-making by providing rewards for the long-term achievement of Company goals.
   Section II. Eligibility Criteria
    Section III. Award Levels




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Award Levels Expressed as  Percentages of Base Salary
 Officer Level
    
    Threshold
    
    Target
    
    MaximumCEO
    
    
    54
    %
    
    
    125
    %
    
    
    200
    %President
    
    
    49
    %
    
    
    115
    %
    
    
    200
    %EVP
    
    
    43
    %
    
    
    100
    %
    
    
    175
    %SVP
    
    
    30
    %
    
    
    70
    %
    
    
    140
    %VP
    
    
    20
    %
    
    
    45
    %
    
    
    90
    %




Section IV. Award Calculation




A)
    
    Performance CyclesA performance cycle, over which TSR is measured, is the three-year period beginning January
1 of a given year and ending December 31 of the second following year (each a Performance
Cycle). The Committee, in its sole discretion, may authorize Performance Cycles, and it is
anticipated, although not assured, that a three-year Performance Cycle will begin each
January 1.All officers of the Company (or an Affiliate) otherwise eligible to participate in the
Program will be eligible to participate in a Performance Cycle commencing January 1, 2007,
and ending December 31, 2009.B)
    
    Peer Group and Award Payout PercentagesThe competitive peer group consists of the following thirteen companies: AirTran Holdings,
Inc., Alaska Air Group, Inc., AMR Corporation, Continental Airlines, Inc., Delta Air Lines,
Inc., Frontier Airlines Holdings, Inc., Hawaiian Holdings, Inc., JetBlue Airways
Corporation, Midwest Air Group, Inc., Northwest Airlines Corporation, Southwest Airlines Co.
and UAL Corporation. Such competitive peer group is subject to Page 2




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modification, in the Committees sole discretion, to take account of unforeseen events such
as mergers, dispositions, bankruptcies and other significant business changes.
  Company TSR
    
    Payout as a %Relative Rank
    
    of Base SalaryVP
    
    SVP
    
    EVP
    
    President
    
    CEO1-2 of 13
    
    
    90
    %
    
    
    140
    %
    
    
    175
    %
    
    
    200
    %
    
    
    200
    %
    
    (Maximum)3 of 13
    
    
    81
    %
    
    
    126
    %
    
    
    160
    %
    
    
    183
    %
    
    
    185
    %4 of 13
    
    
    72
    %
    
    
    112
    %
    
    
    145
    %
    
    
    166
    %
    
    
    170
    %5 of 13
    
    
    63
    %
    
    
    98
    %
    
    
    130
    %
    
    
    149
    %
    
    
    155
    %6 of 13
    
    
    54
    %
    
    
    84
    %
    
    
    115
    %
    
    
    132
    %
    
    
    140
    %7 of 13
    
    
    45
    %
    
    
    70
    %
    
    
    100
    %
    
    
    115
    %
    
    
    125
    %
    
    (Target)8 of 13
    
    
    20
    %
    
    
    30
    %
    
    
    43
    %
    
    
    49
    %
    
    
    54
    %
    
    (Threshold)9-13 of 13
    
    
    0
    %
    
    
    0
    %
    
    
    0
    %
    
    
    0
    %
    
    
    0
    %
  Section V. Award Payment Timing, Early Payment and Termination
   Page 3




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Section VI. Program Administration
  provided,
however,
  Section VII. Absence of Program Funding; No Equity Interest
    Section VIII. No Transferability
   Section IX. No Employment Rights
   Section X. Interpretation, Amendment and Termination
  Page 4




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provided, however,
 Page 5