TEMPE, Ariz., July 5 /PRNewswire-FirstCall/ -- US Airways Group, Inc.
(NYSE: LCC) today reported June, second quarter and year-to-date traffic
results for 2007. Revenue passenger miles (RPMs) for the month were 5.9
billion, up 0.4 percent from June 2006. Capacity was 6.9 billion available
seat miles (ASMs), down 1.4 percent from June 2006. The passenger load
factor for June was the highest load factor month in the history of US
Airways at 85.3 percent versus 83.7 percent in June 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050223/LAW097LOGO)
US Airways President Scott Kirby said, "Our year-over-year passenger
revenue per available seat mile (PRASM) has gotten progressively better
during the second quarter, and we ended the month of June with consolidated
PRASM (mainline and Express) up slightly over June 2006. Looking forward,
we see an encouraging revenue environment moving into the third quarter
due, in part, to stronger year-over-year bookings and improving yield
trends."
The airline also reported that its May 2007 PRASM, which was previously
reported as slightly down when compared to the same period for the prior
year, was slightly up on a year-over-year basis.
America West and US Airways report combined operational performance to
the Department of Transportation. For the month of June 2007, the combined
domestic on-time performance was 61.6 percent with a completion factor of
97.2 percent.
US Airways has updated its guidance in its latest Investor Relations
Update which is also filed on Form 8-K. To access the report, go to
http://www.usairways.com and navigate to About US >> Investor Relations >>
Webcasts, Presentations and Updates >> Investor Relations Guidance.
The following summarizes US Airways Group's traffic results for June,
the second quarter and year-to-date results for 2006 and 2007 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.
JUNE
2007 2006 % Change
Consolidated Revenue Passenger Miles
(000)
Domestic 4,579,352 4,681,952 (2.2)
Atlantic 972,804 826,294 17.7
Latin 341,959 359,698 (4.9)
Total Consolidated Revenue
Passenger Miles 5,894,115 5,867,944 0.4
Consolidated Available Seat Miles
(000)
Domestic 5,339,324 5,596,550 (4.6)
Atlantic 1,145,793 945,746 21.2
Latin 422,568 464,361 (9.0)
Total Consolidated Available
Seat Miles 6,907,685 7,006,657 (1.4)
Consolidated Load Factor (%)
Domestic 85.8 83.7 2.1 pts
Atlantic 84.9 87.4 (2.5)pts
Latin 80.9 77.5 3.4 pts
Total Consolidated Load Factor 85.3 83.7 1.6 pts
Consolidated Enplanements
Domestic 5,360,472 5,382,882 (0.4)
Atlantic 245,958 214,846 14.5
Latin 287,034 305,179 (5.9)
Total Consolidated Enplanements 5,893,464 5,902,907 (0.2)
QUARTER TO DATE
2007 2006 % Change
Consolidated Revenue Passenger Miles
(000)
Domestic 13,652,082 13,820,195 (1.2)
Atlantic 2,187,198 1,922,579 13.8
Latin 1,075,199 1,140,287 (5.7)
Total Consolidated Revenue
Passenger Miles 16,914,479 16,883,061 0.2
Consolidated Available Seat Miles
(000)
Domestic 16,316,231 16,811,328 (2.9)
Atlantic 2,707,663 2,315,075 17.0
Latin 1,349,443 1,485,236 (9.1)
Total Consolidated Available
Seat Miles 20,373,337 20,611,639 (1.2)
Consolidated Load Factor (%)
Domestic 83.7 82.2 1.5 pts
Atlantic 80.8 83.0 (2.2)pts
Latin 79.7 76.8 2.9 pts
Total Consolidated Load Factor 83.0 81.9 1.1 pts
Consolidated Enplanements
Domestic 16,164,276 16,107,319 0.4
Atlantic 557,118 496,976 12.1
Latin 886,617 954,732 (7.1)
Total Consolidated Enplanements 17,608,011 17,559,027 0.3
YEAR TO DATE
2007 2006 % Change
Consolidated Revenue Passenger Miles
(000)
Domestic 26,344,555 26,179,094 0.6
Atlantic 3,385,965 3,114,021 8.7
Latin 2,189,751 2,281,387 (4.0)
Total Consolidated Revenue
Passenger Miles 31,920,271 31,574,502 1.1
Consolidated Available Seat Miles
(000)
Domestic 32,485,065 32,911,556 (1.3)
Atlantic 4,470,746 4,011,109 11.5
Latin 2,838,702 3,066,364 (7.4)
Total Consolidated Available
Seat Miles 39,794,513 39,989,029 (0.5)
Consolidated Load Factor (%)
Domestic 81.1 79.5 1.6 pts
Atlantic 75.7 77.6 (1.9)pts
Latin 77.1 74.4 2.7 pts
Total Consolidated Load Factor 80.2 79.0 1.2 pts
Consolidated Enplanements
Domestic 30,964,325 30,682,797 0.9
Atlantic 862,303 801,252 7.6
Latin 1,759,496 1,862,434 (5.5)
Total Consolidated Enplanements 33,586,124 33,346,483 0.7
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)
JUNE
2007 2006 % Change
Mainline Revenue Passenger Miles
(000)
Domestic 4,375,554 4,451,597 (1.7)
Atlantic 972,804 826,294 17.7
Latin 341,959 359,698 (4.9)
Total Mainline Revenue Passenger
Miles 5,690,317 5,637,589 0.9
Mainline Available Seat Miles (000)
Domestic 5,069,215 5,294,597 (4.3)
Atlantic 1,145,793 945,746 21.2
Latin 422,568 464,361 (9.0)
Total Mainline Available Seat
Miles 6,637,576 6,704,704 (1.0)
Mainline Load Factor (%)
Domestic 86.3 84.1 2.2 pts
Atlantic 84.9 87.4 (2.5)pts
Latin 80.9 77.5 3.4 pts
Total Mainline Load Factor 85.7 84.1 1.6 pts
Mainline Enplanements
Domestic 4,624,499 4,596,231 0.6
Atlantic 245,958 214,846 14.5
Latin 287,034 305,179 (5.9)
Total Mainline Enplanements 5,157,491 5,116,256 0.8
QUARTER TO DATE
Mainline Revenue Passenger Miles
(000)
Domestic 13,028,642 13,088,929 (0.5)
Atlantic 2,187,198 1,922,579 13.8
Latin 1,075,199 1,140,287 (5.7)
Total Mainline Revenue Passenger
Miles 16,291,039 16,151,795 0.9
Mainline Available Seat Miles (000)
Domestic 15,465,397 15,834,072 (2.3)
Atlantic 2,707,663 2,315,075 17.0
Latin 1,349,443 1,485,236 (9.1)
Total Mainline Available Seat
Miles 19,522,503 19,634,383 (0.6)
Mainline Load Factor (%)
Domestic 84.2 82.7 1.5 pts
Atlantic 80.8 83.0 (2.2)pts
Latin 79.7 76.8 2.9 pts
Total Mainline Load Factor 83.4 82.3 1.1 pts
Mainline Enplanements
Domestic 13,935,095 13,721,143 1.6
Atlantic 557,118 496,976 12.1
Latin 886,617 954,732 (7.1)
Total Mainline Enplanements 15,378,830 15,172,851 1.4
YEAR TO DATE
2007 2006 % Change
Mainline Revenue Passenger Miles
(000)
Domestic 25,133,476 24,713,107 1.7
Atlantic 3,385,965 3,114,021 8.7
Latin 2,189,751 2,281,387 (4.0)
Total Mainline Revenue Passenger
Miles 30,709,192 30,108,515 2.0
Mainline Available Seat Miles (000)
Domestic 30,768,713 30,786,942 (0.1)
Atlantic 4,470,746 4,011,109 11.5
Latin 2,838,702 3,066,364 (7.4)
Total Mainline Available Seat
Miles 38,078,161 37,864,415 0.6
Mainline Load Factor (%)
Domestic 81.7 80.3 1.4 pts
Atlantic 75.7 77.6 (1.9)pts
Latin 77.1 74.4 2.7 pts
Total Mainline Load Factor 80.6 79.5 1.1 pts
Mainline Enplanements
Domestic 26,737,016 26,100,955 2.4
Atlantic 862,303 801,252 7.6
Latin 1,759,496 1,862,434 (5.5)
Total Mainline Enplanements 29,358,815 28,764,641 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)
JUNE
2007 2006 % Change
Express Revenue Passenger Miles (000)
Domestic 203,798 230,355 (11.5)
Express Available Seat Miles (000)
Domestic 270,109 301,953 (10.5)
Express Load Factor (%)
Domestic 75.5 76.3 (0.8)pts
Express Enplanements
Domestic 735,973 786,651 (6.4)
QUARTER TO DATE
2007 2006 % Change
Express Revenue Passenger Miles (000)
Domestic 623,440 731,266 (14.7)
Express Available Seat Miles (000)
Domestic 850,834 977,256 (12.9)
Express Load Factor (%)
Domestic 73.3 74.8 (1.5)pts
Express Enplanements
Domestic 2,229,181 2,386,176 (6.6)
YEAR TO DATE
2007 2006 % Change
Express Revenue Passenger Miles (000)
Domestic 1,211,079 1,465,987 (17.4)
Express Available Seat Miles (000)
Domestic 1,716,352 2,124,614 (19.2)
Express Load Factor (%)
Domestic 70.6 69.0 1.6 pts
Express Enplanements
Domestic 4,227,309 4,581,842 (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.
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 June:
-- Announced a replacement aircraft order with Airbus S.A.S. for 60 A320
family narrowbody airplanes and 32 A330 and A350 widebody aircraft.
-- Hired approximately 1,000 additional airport employees, which the
airline announced earlier this year.
-- Inaugurated new service from Philadelphia to Brussels and Zurich,
rounding out the airline's European presence to 19 cities in 12
countries.
-- Began installing the first wave of the 600 replacement kiosks primarily
throughout the airline's East Coast operation.
-- Held the second annual US Airways Chairman's Awards, which honored more
than 200 employees for services above and beyond their normal call of
duty.
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.
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Related links:
http://www.usairways.com
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20050223/LAW097LOGO
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Phil Gee of US Airways Group, Inc.,
+1-480-693-5729
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