US Airways Group, Inc. Reports May Traffic
A F US AIRWAYS LOGO US AIRWAYS LOGO
US Airways logo. (PRNewsFoto)[AG TK]
PHOENIX, AZ USA
02/23/2005
TEMPE, Ariz., June 6 /PRNewswire-FirstCall/ -- US Airways Group, Inc.
(NYSE: LCC) today reported May and year-to-date results for 2007. Revenue
passenger miles (RPMs) for the month were 5.6 billion, up 0.1 percent from
May 2006. Capacity was 6.8 billion available seat miles (ASMs), down 1.8
percent from May 2006. The passenger load factor for May was a record 81.5
percent versus 79.9 percent in May 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050223/LAW097LOGO )
"Our consolidated (mainline and Express) passenger revenue per
available seat mile was down in May when compared to the same period last
year," said US Airways President Scott Kirby. "As we head into the busy
summer travel season, we are encouraged by improvements in our overall
operational performance. We believe that the customer service improvements
recently announced will further enhance our customers' experiences this
summer."
America West and US Airways report combined operational performance to
the Department of Transportation. For the month of May 2007, the combined
domestic on-time performance was 68.0 percent with a completion factor of
98.6 percent.
The following summarizes US Airways Group's traffic results for the
month and five months ended May 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.
Consolidated US Airways Group, Inc.
MAY
2007 2006 % Change
Consolidated Revenue Passenger
Miles (000)
Domestic 4,524,608 4,597,373 (1.6)
Atlantic 716,269 620,768 15.4
Latin 324,539 339,936 (4.5)
Total Consolidated Revenue
Passenger Miles 5,565,416 5,558,077 0.1
Consolidated Available Seat
Miles (000)
Domestic 5,484,882 5,703,406 (3.8)
Atlantic 932,421 801,454 16.3
Latin 413,674 453,242 (8.7)
Total Consolidated Available Seat
Miles 6,830,977 6,958,102 (1.8)
Consolidated Load Factor (%)
Domestic 82.5 80.6 1.9 pts
Atlantic 76.8 77.5 (0.7)pts
Latin 78.5 75.0 3.5 pts
Total Consolidated Load Factor 81.5 79.9 1.6 pts
Consolidated Enplanements
Domestic 5,451,675 5,399,198 1.0
Atlantic 181,312 160,448 13.0
Latin 270,807 290,832 (6.9)
Total Consolidated Enplanements 5,903,794 5,850,478 0.9
YEAR TO DATE
2007 2006 % Change
Consolidated Revenue Passenger
Miles (000)
Domestic 21,765,113 21,497,141 1.2
Atlantic 2,413,161 2,287,728 5.5
Latin 1,847,735 1,921,689 (3.8)
Total Consolidated Revenue
Passenger Miles 26,026,009 25,706,558 1.2
Consolidated Available Seat
Miles (000)
Domestic 27,145,743 27,315,007 (0.6)
Atlantic 3,324,952 3,065,363 8.5
Latin 2,416,134 2,602,003 (7.1)
Total Consolidated Available Seat
Miles 32,886,829 32,982,373 (0.3)
Consolidated Load Factor (%)
Domestic 80.2 78.7 1.5 pts
Atlantic 72.6 74.6 (2.0)pts
Latin 76.5 73.9 2.6 pts
Total Consolidated Load Factor 79.1 77.9 1.2 pts
Consolidated Enplanements
Domestic 25,608,853 25,299,915 1.2
Atlantic 613,453 586,406 4.6
Latin 1,470,130 1,557,255 (5.6)
Total Consolidated Enplanements 27,692,436 27,443,576 0.9
Notes:
1) Canada, Puerto Rico and U.S. Virgin Islands are included in the
domestic results.
2) Latin numbers include the Caribbean.
US Airways Mainline (US Airways and America West combined)
MAY
2007 2006 % Change
Mainline Revenue Passenger Miles (000)
Domestic 4,314,596 4,350,492 (0.8)
Atlantic 716,269 620,768 15.4
Latin 324,539 339,936 (4.5)
Total Mainline Revenue Passenger
Miles 5,355,404 5,311,196 0.8
Mainline Available Seat Miles (000)
Domestic 5,194,049 5,370,610 (3.3)
Atlantic 932,421 801,454 16.3
Latin 413,674 453,242 (8.7)
Total Mainline Available Seat
Miles 6,540,144 6,625,306 (1.3)
Mainline Load Factor (%)
Domestic 83.1 81.0 2.1 pts
Atlantic 76.8 77.5 (0.7)pts
Latin 78.5 75.0 3.5 pts
Total Mainline Load Factor 81.9 80.2 1.7 pts
Mainline Enplanements
Domestic 4,689,050 4,593,358 2.1
Atlantic 181,312 160,448 13.0
Latin 270,807 290,832 (6.9)
Total Mainline Enplanements 5,141,169 5,044,638 1.9
YEAR TO DATE
2007 2006 % Change
Mainline Revenue Passenger Miles (000)
Domestic 20,757,832 20,261,510 2.4
Atlantic 2,413,161 2,287,728 5.5
Latin 1,847,735 1,921,689 (3.8)
Total Mainline Revenue Passenger
Miles 25,018,728 24,470,927 2.2
Mainline Available Seat Miles (000)
Domestic 25,699,499 25,492,346 0.8
Atlantic 3,324,952 3,065,363 8.5
Latin 2,416,134 2,602,003 (7.1)
Total Mainline Available Seat
Miles 31,440,585 31,159,712 0.9
Mainline Load Factor (%)
Domestic 80.8 79.5 1.3 pts
Atlantic 72.6 74.6 (2.0)pts
Latin 76.5 73.9 2.6 pts
Total Mainline Load Factor 79.6 78.5 1.1 pts
Mainline Enplanements
Domestic 22,117,517 21,504,724 2.8
Atlantic 613,453 586,406 4.6
Latin 1,470,130 1,557,255 (5.6)
Total Mainline Enplanements 24,201,100 23,648,385 2.3
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)
MAY
2007 2006 % Change
Express Revenue Passenger Miles (000)
Domestic 210,012 246,881 (14.9)
Express Available Seat Miles (000)
Domestic 290,833 332,796 (12.6)
Express Load Factor (%)
Domestic 72.2 74.2 (2.0)pts
Express Enplanements
Domestic 762,625 805,840 (5.4)
YEAR TO DATE
2007 2006 % Change
Express Revenue Passenger Miles (000)
Domestic 1,007,281 1,235,631 (18.5)
Express Available Seat Miles (000)
Domestic 1,446,244 1,822,661 (20.7)
Express Load Factor (%)
Domestic 69.6 67.8 1.8 pts
Express Enplanements
Domestic 3,491,336 3,795,191 (8.0)
Notes:
1) US Airways Express includes data for US Airways' MidAtlantic division
through May 27, 2006.
2) Canada is included in domestic results.
Integration Update
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 May:
* Reached a final transition agreement involving pre-merger America West
flight crew training instructors represented by the Transportation
Workers Union (TWU) to the contract covering their pre-merger US
Airways counterparts.
* The airline's flight attendant workgroup completed all integration
training items identified by the FAA to certify as one carrier in
anticipation for a single operating certificate later this year.
* 92 percent of the former America West aircraft have been painted in the
new US Airways livery. Only 10 aircraft remain to be painted with an
estimated completion date of October 2007.
US Airways is the fifth largest domestic airline employing nearly
36,000 aviation professionals worldwide. US Airways, US Airways Shuttle and
US Airways Express operate approximately 3,800 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 March 31,
2007, which is available at http://www.usairways.com.
-LCC-
SOURCE US Airways Group, Inc.
RELATED LINKShttp://www.americawest.com
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