US Airways Group, Inc. Reports November Traffic
TEMPE, Ariz., Dec. 5 /PRNewswire-FirstCall/ -- US Airways Group, Inc. (NYSE: LCC) today reported November and year-to-date traffic results for 2007. Revenue passenger miles (RPMs) for the month were 4.7 billion, down 4.6 percent from November 2006. Capacity was 6.1 billion available seat miles (ASMs), down 4.6 percent from November 2006. Passenger load factor for the month of November was 77.8 percent, down 0.1 points versus November 2006. (Logo: http://www.newscom.com/cgi-bin/prnh/20050223/LAW097LOGO) "Our November consolidated (mainline and Express) passenger revenue per available seat mile (PRASM) increased between two and four percent on a year-over-year basis. We also continue to make significant progress in our operation achieving our highest year-to-date on-time performance of 80.6 percent while completing 98.7 percent of our flights in the month of November. I want to take this opportunity to once again commend our 36,000 employees who continue to do a fantastic job. We look forward to building on this momentum later this month during the next holiday travel rush," said US Airways' President Scott Kirby. The following summarizes US Airways Group's traffic results for the month and year-to-date ended November 2007 and 2006, consisting of mainline operated flights as well as US Airways Express flights operated by wholly owned subsidiaries PSA Airlines and Piedmont Airlines.RELATED LINKS
Consolidated US Airways Group, Inc. NOVEMBER 2007 2006 % Change Consolidated Revenue Passenger Miles (000) Domestic 3,994,823 4,256,974 (6.2) Atlantic 468,359 418,426 11.9 Latin 282,255 301,283 (6.3) Total Consolidated Revenue Passenger Miles 4,745,437 4,976,683 (4.6) Consolidated Available Seat Miles (000) Domestic 5,076,037 5,429,967 (6.5) Atlantic 647,506 549,199 17.9 Latin 372,288 412,542 (9.8) Total Consolidated Available Seat Miles 6,095,831 6,391,708 (4.6) Consolidated Load Factor (%) Domestic 78.7 78.4 0.3 pts Atlantic 72.3 76.2 (3.9) pts Latin 75.8 73.0 2.8 pts Total Consolidated Load Factor 77.8 77.9 (0.1) pts Consolidated Enplanements Domestic 4,764,865 5,069,103 (6.0) Atlantic 119,029 106,876 11.4 Latin 230,244 245,931 (6.4) Total Consolidated Enplanements 5,114,138 5,421,910 (5.7) YEAR TO DATE 2007 2006 % Change Consolidated Revenue Passenger Miles (000) Domestic 47,692,512 48,044,357 (0.7) Atlantic 7,447,381 6,554,742 13.6 Latin 3,542,904 3,680,736 (3.7) Total Consolidated Revenue Passenger Miles 58,682,797 58,279,835 0.7 Consolidated Available Seat Miles (000) Domestic 58,571,444 60,840,409 (3.7) Atlantic 9,577,317 8,327,117 15.0 Latin 4,539,649 5,008,391 (9.4) Total Consolidated Available Seat Miles 72,688,410 74,175,917 (2.0) Consolidated Load Factor (%) Domestic 81.4 79.0 2.4 pts Atlantic 77.8 78.7 (0.9) pts Latin 78.0 73.5 4.5 pts Total Consolidated Load Factor 80.7 78.6 2.1 pts Consolidated Enplanements Domestic 56,318,430 56,058,417 0.5 Atlantic 1,907,992 1,693,621 12.7 Latin 2,888,437 3,019,209 (4.3) Total Consolidated Enplanements 61,114,859 60,771,247 0.6 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 NOVEMBER 2007 2006 % Change Mainline Revenue Passenger Miles (000) Domestic 3,821,347 4,056,767 (5.8) Atlantic 468,359 418,426 11.9 Latin 282,255 301,283 (6.3) Total Mainline Revenue Passenger Miles 4,571,961 4,776,476 (4.3) Mainline Available Seat Miles (000) Domestic 4,814,740 5,134,026 (6.2) Atlantic 647,506 549,199 17.9 Latin 372,288 412,542 (9.8) Total Mainline Available Seat Miles 5,834,534 6,095,767 (4.3) Mainline Load Factor (%) Domestic 79.4 79.0 0.4 pts Atlantic 72.3 76.2 (3.9) pts Latin 75.8 73.0 2.8 pts Total Mainline Load Factor 78.4 78.4 - pts Mainline Enplanements Domestic 4,127,296 4,383,792 (5.9) Atlantic 119,029 106,876 11.4 Latin 230,244 245,931 (6.4) Total Mainline Enplanements 4,476,569 4,736,599 (5.5) YEAR TO DATE (US Airways and America West combined) 2007 2006 % Change Mainline Revenue Passenger Miles (000) Domestic 45,565,254 45,548,545 - Atlantic 7,447,381 6,554,742 13.6 Latin 3,542,904 3,680,736 (3.7) Total Mainline Revenue Passenger Miles 56,555,539 55,784,023 1.4 Mainline Available Seat Miles (000) Domestic 55,526,825 57,193,111 (2.9) Atlantic 9,577,317 8,327,117 15.0 Latin 4,539,649 5,008,391 (9.4) Total Mainline Available Seat Miles 69,643,791 70,528,619 (1.3) Mainline Load Factor (%) Domestic 82.1 79.6 2.5 pts Atlantic 77.8 78.7 (0.9) pts Latin 78.0 73.5 4.5 pts Total Mainline Load Factor 81.2 79.1 2.1 pts Mainline Enplanements Domestic 48,705,731 47,937,874 1.6 Atlantic 1,907,992 1,693,621 12.7 Latin 2,888,437 3,019,209 (4.3) Total Mainline Enplanements 53,502,160 52,650,704 1.6 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) NOVEMBER 2007 2006 % Change Express Revenue Passenger Miles (000) Domestic 173,476 200,207 (13.4) Express Available Seat Miles (000) Domestic 261,296 295,941 (11.7) Express Load Factor (%) Domestic 66.4 67.7 (1.3) pts Express Enplanements Domestic 637,569 685,311 (7.0) YEAR TO DATE 2007 2006 % Change Express Revenue Passenger Miles (000) Domestic 2,127,258 2,495,812 (14.8) Express Available Seat Miles (000) Domestic 3,044,619 3,647,298 (16.5) Express Load Factor (%) Domestic 69.9 68.4 1.5 pts Express Enplanements Domestic 7,612,699 8,120,543 (6.3) Notes: 1) US Airways Express includes data for US Airways' MidAtlantic division through May 27, 2006. 2) Canada is included in domestic results. Other Notable Accomplishments US Airways is also providing a brief update on notable company accomplishments during the month of November:
-- Announced first ever service to London's Heathrow Airport. Service between Philadelphia and London Heathrow is scheduled to start on March 29, 2008 with tickets available for purchase on Dec. 1. The airline plans to operate the flights with US Airways' flagship international aircraft, the Airbus A330 with 29 Envoy and 259 economy seats. -- Had a successful Thanksgiving holiday helping nearly 2.2 million people travel to family and friends over the five-day holiday weekend period. During this period, 99.5 percent of all flights were completed with more than 86 percent of flights arriving on-time. -- Agreed to terms to add an additional seven Airbus A330-200s to the airline's widebody fleet. Augmenting an existing order of ten A330-200s, five of the aircraft are to be delivered from Airbus S.A.S with two from a lessor. The incremental aircraft will facilitate international growth opportunities. -- Implemented operational performance initiatives designed to enhance on-time reliability and other core metrics. 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 September 30, 2007, which is available at http://www.usairways.com.
SOURCE US Airways Group, Inc.
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