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April 21, 2004

Siegel Sings Swan Song

US Airways CEO Quits, Perhaps Under Pressure

David Siegel, who resigned under fire from US Airways Monday, stands to reap millions for simply walking out the door. While the airline won't say just what his parachute package is worth, Siegel's contract says he can collect $4.5 million within five days of termination. There could be much more. That information comes from US Airway's own financial disclosure documents.

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