2014

US Airways Group, Inc. Reports July Traffic

    TEMPE, Ariz., Aug. 3 /PRNewswire-FirstCall/ -- US Airways Group, Inc.
 (NYSE:   LCC) today reported July and year-to-date results for 2007. Revenue
 passenger miles (RPMs) for the month were 6.0 billion, up 1.8 percent from
 July 2006. Capacity was 6.9 billion available seat miles (ASMs), down 0.9
 percent from July 2006. For the second consecutive month, US Airways set a
 record with passenger load factor of 86.3 percent versus 84.1 percent in
 July 2006.
     (Logo: http://www.newscom.com/cgi-bin/prnh/20050223/LAW097LOGO )
     "July 2007 consolidated (mainline and Express) passenger revenue per
 available seat mile (PRASM) was up over four percent when compared to July
 of last year. For the remainder of the third quarter we expect comparisons
 to last year's PRASM will be favorable as advance bookings and yields
 continue to look good, and we expect that business demand will remain
 strong throughout the quarter," said US Airways President Scott Kirby.
     America West and US Airways report combined operational performance to
 the Department of Transportation. For the month of July 2007, the combined
 domestic on-time performance was 66.3 percent with a completion factor of
 98.1 percent.
     The following summarizes US Airways Group's traffic results for the
 month and seven months ended July 2007 and 2006, consisting of America West
 and US Airways mainline operated flights as well as US Airways Express
 operated flights consisting of wholly owned subsidiaries PSA Airlines and
 Piedmont Airlines.
     US Airways Mainline (US Airways and America West combined)
 
     JULY
 
                                              2007         2006   % Change
 
     Mainline Revenue Passenger Miles
      (000)
       Domestic                            4,574,748    4,624,830    (1.1)
       Atlantic                            1,013,385      836,736    21.1
       Latin                                 370,162      394,123    (6.1)
       Total Mainline Revenue Passenger
        Miles                              5,958,295    5,855,689     1.8
 
     Mainline Available Seat Miles (000)
       Domestic                            5,264,489    5,471,973    (3.8)
       Atlantic                            1,196,796      986,746    21.3
       Latin                                 445,140      507,770   (12.3)
       Total Mainline Available Seat
        Miles                              6,906,425    6,966,489    (0.9)
 
     Mainline Load Factor (%)
       Domestic                                 86.9         84.5     2.4  pts
       Atlantic                                 84.7         84.8    (0.1) pts
       Latin                                    83.2         77.6     5.6  pts
       Total Mainline Load Factor               86.3         84.1     2.2  pts
 
     Mainline Enplanements
       Domestic                            4,810,209    4,705,599     2.2
       Atlantic                              256,872      218,031    17.8
       Latin                                 305,171      327,338    (6.8)
       Total Mainline Enplanements         5,372,252    5,250,968     2.3
 
     YEAR TO DATE
                                              2007         2006   % Change
 
     Mainline Revenue Passenger Miles
      (000)
       Domestic                           29,708,656   29,337,937     1.3
       Atlantic                            4,401,076    3,950,758    11.4
       Latin                               2,560,355    2,675,510    (4.3)
       Total Mainline Revenue Passenger
        Miles                             36,670,087   35,964,205     2.0
 
     Mainline Available Seat Miles (000)
       Domestic                           36,032,376   36,258,916    (0.6)
       Atlantic                            5,669,333    4,997,855    13.4
       Latin                               3,283,842    3,574,133    (8.1)
       Total Mainline Available Seat
        Miles                             44,985,551   44,830,904     0.3
 
     Mainline Load Factor (%)
       Domestic                                 82.4         80.9     1.5  pts
       Atlantic                                 77.6         79.0    (1.4) pts
       Latin                                    78.0         74.9     3.1  pts
       Total Mainline Load Factor               81.5         80.2     1.3  pts
 
     Mainline Enplanements
       Domestic                           31,537,187   30,806,554     2.4
       Atlantic                            1,123,162    1,019,283    10.2
       Latin                               2,067,169    2,189,772    (5.6)
       Total Mainline Enplanements        34,727,518   34,015,609     2.1
 
     Notes:
     1)  Canada, Puerto Rico and U.S. Virgin Islands are included in the
         domestic results.
     2)  Latin numbers include the Caribbean.
 
 
 
     US Airways Express (Piedmont Airlines, PSA Airlines, US Airways
     MidAtlantic Division)
 
 
     JULY
 
                                              2007       2006   % Change
 
     Express Revenue Passenger Miles (000)
       Domestic                             191,628     222,972   (14.1)
 
     Express Available Seat Miles (000)
       Domestic                             265,236     307,031   (13.6)
 
     Express Load Factor (%)
       Domestic                                72.2        72.6    (0.4) pts
 
     Express Enplanements
       Domestic                             705,300     762,755    (7.5)
 
 
     YEAR TO DATE
                                              2007       2006   % Change
 
     Express Revenue Passenger Miles
      (000)
       Domestic                           1,402,707   1,688,959   (16.9)
 
     Express Available Seat Miles (000)
       Domestic                           1,981,589   2,431,346   (18.5)
 
     Express Load Factor (%)
       Domestic                                70.8        69.5     1.3  pts
 
     Express Enplanements
       Domestic                           4,932,609   5,344,597    (7.7)
 
     Notes:
     1)  US Airways Express includes data for US Airways' MidAtlantic division
         through May 27, 2006.
     2)  Canada is included in domestic results.
 
 
 
     Consolidated US Airways Group, Inc.
 
 
     JULY
 
                                            2007        2006    % Change
 
     Consolidated Revenue Passenger
      Miles (000)
       Domestic                           4,766,376   4,847,802    (1.7)
       Atlantic                           1,013,385     836,736    21.1
       Latin                                370,162     394,123    (6.1)
       Total Consolidated Revenue
        Passenger Miles                   6,149,923   6,078,661     1.2
 
     Consolidated Available Seat Miles
      (000)
       Domestic                           5,529,725   5,779,004    (4.3)
       Atlantic                           1,196,796     986,746    21.3
       Latin                                445,140     507,770   (12.3)
       Total Consolidated Available
        Seat Miles                        7,171,661   7,273,520    (1.4)
 
     Consolidated Load Factor (%)
       Domestic                                86.2        83.9     2.3  pts
       Atlantic                                84.7        84.8    (0.1) pts
       Latin                                   83.2        77.6     5.6  pts
       Total Consolidated Load Factor          85.8        83.6     2.2  pts
 
     Consolidated Enplanements
       Domestic                           5,515,509   5,468,354     0.9
       Atlantic                             256,872     218,031    17.8
       Latin                                305,171     327,338    (6.8)
       Total Consolidated Enplanements    6,077,552   6,013,723     1.1
 
 
     YEAR TO DATE
                                             2007        2006    % Change
 
     Consolidated Revenue Passenger
      Miles (000)
       Domestic                          31,111,363  31,026,896     0.3
       Atlantic                           4,401,076   3,950,758    11.4
       Latin                              2,560,355   2,675,510    (4.3)
       Total Consolidated Revenue
        Passenger Miles                  38,072,794  37,653,164     1.1
 
 
     Consolidated Available Seat Miles
      (000)
       Domestic                          38,013,965  38,690,262    (1.7)
       Atlantic                           5,669,333   4,997,855    13.4
       Latin                              3,283,842   3,574,133    (8.1)
       Total Consolidated Available
        Seat Miles                       46,967,140  47,262,250    (0.6)
 
 
     Consolidated Load Factor (%)
       Domestic                                81.8        80.2     1.6  pts
       Atlantic                                77.6        79.0    (1.4) pts
       Latin                                   78.0        74.9     3.1  pts
       Total Consolidated Load Factor          81.1        79.7     1.4  pts
 
 
     Consolidated Enplanements
       Domestic                          36,469,796  36,151,151     0.9
       Atlantic                           1,123,162   1,019,283    10.2
       Latin                              2,067,169   2,189,772    (5.6)
       Total Consolidated Enplanements   39,660,127  39,360,206     0.8
 
 
     Notes:
     1)  Canada, Puerto Rico and U.S. Virgin Islands are included in the
         domestic results.
     2)  Latin numbers include the Caribbean.
     Other Notable Accomplishments
     US Airways is also providing a brief update on the integration process
 between US Airways and America West. Listed below are major accomplishments
 or announcements from the month of July:
     --  Reported sixth consecutive profitable quarter ($263 million net
         profit) and accrued approximately $30 million for the employee profit
         sharing program, bringing the 2007 total accrual to approximately $34
         million.
     --  Reduced fares in 19 destinations from Greenville-Spartanburg, S.C.,
         bringing the total to 1,150 markets that have seen fare reductions
         since 2005.
     --  Successfully completed the International Air Transport Association's
         (IATA) Operational Safety Audit (IOSA), which consisted of a
         comprehensive analysis of the airline's practices in corporate
         organization and management, flight operations, operations control,
         maintenance, cabin operations, ground operations, cargo and security.
     --  For the ninth consecutive year, Charlotte's line maintenance facility
         earned the FAA's highest award for excellence in maintenance -- the
         AMT Diamond Award.
     --  Successfully launched a mobile-device friendly version of
         usairways.com allowing mobile users almost all functionality of the
         full usairways.com.
     --  Filed application with the DOT to begin Charlotte-Philadelphia-Beijing
         service in 2009 and activated an online petition at
         http://www.usairways.com/China.
     --  Christened a new cargo handling facility in El Paso, Texas, where the
         airline handles cargo for US Airways in addition to several other
         airlines.
     US Airways is the fifth largest domestic airline employing more than
 36,000 aviation professionals worldwide. US Airways, US Airways Shuttle and
 US Airways Express operate approximately 3,700 flights per day and serve
 more than 230 communities in the U.S., Canada, Europe, the Caribbean and
 Latin America. The new US Airways -- the product of a merger between
 America West and US Airways in September 2005 -- is a member of the Star
 Alliance network, which offers our customers 16,000 daily flights to 855
 destinations in 155 countries worldwide. This press release and additional
 information on US Airways can be found at http://www.usairways.com. (LCCT)
     Forward Looking Statements
     Certain of the statements contained herein should be considered
 "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," "indicate,"
 "anticipate," "believe," "forecast," "estimate," "plan," "guidance,"
 "outlook," "could," "should," "continue" and similar terms used in
 connection with statements regarding the outlook of US Airways Group, Inc.
 (the "Company"). Such statements include, but are not limited to,
 statements about expected fuel costs, the revenue and pricing environment,
 the Company's expected financial performance and operations, future
 financing plans and needs, overall economic conditions and the benefits of
 the business combination transaction involving America West Holdings
 Corporation and US Airways Group, including future financial and operating
 results and the combined companies' plans, objectives, expectations and
 intentions. Other forward-looking statements that do not relate solely to
 historical facts include, without limitation, statements that discuss the
 possible future effects of current known trends or uncertainties or which
 indicate that the future effects of known trends or uncertainties cannot be
 predicted, guaranteed or assured. Such statements are based upon the
 current beliefs and expectations of the Company's management and are
 subject to significant risks and uncertainties that could cause the
 Company's actual results and financial position to differ materially from
 the Company's expectations. Such risks and uncertainties include, but are
 not limited to, the following: the impact of high fuel costs, significant
 disruptions in the supply of aircraft fuel and further significant
 increases to fuel prices; our high level of fixed obligations and our
 ability to obtain and maintain financing for operations and other purposes;
 our ability to achieve the synergies anticipated as a result of the merger
 and to achieve those synergies in a timely manner; our ability to integrate
 the management, operations and labor groups of US Airways Group and America
 West Holdings; labor costs and relations with unionized employees generally
 and the impact and outcome of labor negotiations; the impact of global
 instability, including the current instability in the Middle East, the
 continuing impact of the military presence in Iraq and Afghanistan and the
 terrorist attacks of September 11, 2001 and the potential impact of future
 hostilities, terrorist attacks, infectious disease outbreaks or other
 global events that affect travel behavior; reliance on automated systems
 and the impact of any failure or disruption of these systems; the impact of
 future significant operating losses; changes in prevailing interest rates;
 our ability to obtain and maintain commercially reasonable terms with
 vendors and service providers and our reliance on those vendors and service
 providers; security-related and insurance costs; changes in government
 legislation and regulation; our ability to use pre-merger NOLs and certain
 other tax attributes; competitive practices in the industry, including
 significant fare restructuring activities, capacity reductions and in court
 or out of court restructuring by major airlines; continued existence of
 prepetition liabilities; interruptions or disruptions in service at one or
 more of our hub airports; weather conditions; our ability to obtain and
 maintain any necessary financing for operations and other purposes; our
 ability to maintain adequate liquidity; our ability to maintain contracts
 that are critical to our operations; our ability to operate pursuant to the
 terms of our financing facilities (particularly the financial covenants);
 our ability to attract and retain customers; the cyclical nature of the
 airline industry; our ability to attract and retain qualified personnel;
 economic conditions; and other risks and uncertainties listed from time to
 time in our reports to the Securities and Exchange Commission. There may be
 other factors not identified above of which the Company is not currently
 aware that may affect matters discussed in the forward-looking statements,
 and may also cause actual results to differ materially from those
 discussed. All forward-looking statements are based on information
 currently available to the Company. The Company assumes no obligation to
 publicly update or revise any forward-looking statement to reflect actual
 results, changes in assumptions or changes in other factors affecting such
 estimates. Additional factors that may affect the future results of the
 Company are set forth in the section entitled "Risk Factors" in the
 Company's Quarterly Report on Form 10-Q for the period ended June 30, 2007,
 which is available at http://www.usairways.com.
     -LCC-
 
 

SOURCE US Airways Group, Inc.
RELATED LINKS
http://www.americawest.com

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.