TEMPE, Ariz., Sept. 6 /PRNewswire-FirstCall/ -- US Airways Group, Inc.
(NYSE: LCC) today reported August and year-to-date traffic results for
2007. Revenue passenger miles (RPMs) for the month were 5.7 billion, up 4.3
percent from August 2006. Capacity was 6.8 billion available seat miles
(ASMs), down 1.9 percent from August 2006. Passenger load factor for the
month of August was 85.0 percent versus 80.0 percent in August 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050223/LAW097LOGO)
"Our consolidated (mainline and Express) passenger revenue per
available seat mile (PRASM) during August 2007 was up over five percent on
a year-over-year basis. Looking forward, we are encouraged as both business
and leisure demand remains strong. We are also pleased by the progress our
airline is making operationally, which continues to improve, with an
average of 87.1 percent of our flights arriving on-time during the recent
Labor Day weekend," said US Airways President Scott Kirby.
America West and US Airways report combined operational performance to
the Department of Transportation. For the month of August 2007, the
combined domestic on-time performance was 69.4 percent with a completion
factor of 98.4 percent.
The following summarizes US Airways Group's traffic results for the
month and eight months ended August 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)
August
2007 2006 % Change
Mainline Revenue Passenger Miles (000)
Domestic 4,439,033 4,385,858 1.2
Atlantic 980,074 795,767 23.2
Latin 329,426 331,398 (0.6)
Total Mainline Revenue Passenger
Miles 5,748,533 5,513,023 4.3
Mainline Available Seat Miles (000)
Domestic 5,148,648 5,452,968 (5.6)
Atlantic 1,208,089 983,962 22.8
Latin 404,080 453,324 (10.9)
Total Mainline Available Seat
Miles 6,760,817 6,890,254 (1.9)
Mainline Load Factor (%)
Domestic 86.2 80.4 5.8 pts
Atlantic 81.1 80.9 0.2 pts
Latin 81.5 73.1 8.4 pts
Total Mainline Load Factor 85.0 80.0 5.0 pts
Mainline Enplanements
Domestic 4,759,681 4,487,878 6.1
Atlantic 248,596 207,303 19.9
Latin 272,230 277,209 (1.8)
Total Mainline Enplanements 5,280,507 4,972,390 6.2
YEAR TO DATE
2007 2006 % Change
Mainline Revenue Passenger Miles (000)
Domestic 34,146,500 33,723,796 1.3
Atlantic 5,381,136 4,746,525 13.4
Latin 2,890,180 3,006,908 (3.9)
Total Mainline Revenue Passenger
Miles 42,417,816 41,477,229 2.3
Mainline Available Seat Miles (000)
Domestic 41,180,695 41,711,886 (1.3)
Atlantic 6,877,422 5,981,817 15.0
Latin 3,688,455 4,027,457 (8.4)
Total Mainline Available Seat
Miles 51,746,572 51,721,160 0.0
Mainline Load Factor (%)
Domestic 82.9 80.8 2.1 pts
Atlantic 78.2 79.3 (1.1) pts
Latin 78.4 74.7 3.7 pts
Total Mainline Load Factor 82.0 80.2 1.8 pts
Mainline Enplanements
Domestic 36,290,711 35,294,432 2.8
Atlantic 1,375,107 1,226,586 12.1
Latin 2,341,957 2,466,981 (5.1)
Total Mainline Enplanements 40,007,775 38,987,999 2.6
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 Airline, US Airways MidAtlantic
Division)
August
2007 2006 % Change
Express Revenue Passenger Miles (000)
Domestic 188,987 215,305 (12.2)
Express Available Seat Miles (000)
Domestic 265,688 312,482 (15.0)
Express Load Factor (%)
Domestic 71.1 68.9 2.2 pts
Express Enplanements
Domestic 703,790 739,294 (4.8)
YEAR TO DATE
2007 2006 % Change
Express Revenue Passenger Miles(000)
Domestic 1,591,699 1,904,264 (16.4)
Express Available Seat Miles (000)
Domestic 2,247,277 2,744,128 (18.1)
Express Load Factor (%)
Domestic 70.8 69.4 1.4 pts
Express Enplanements
Domestic 5,636,436 6,083,891 (7.4)
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.
August
2007 2006 % Change
Consolidated Revenue Passenger
Miles (000)
Domestic 4,628,020 4,601,163 0.6
Atlantic 980,074 795,767 23.2
Latin 329,426 331,398 (0.6)
Total Consolidated Revenue
Passenger Miles 5,937,520 5,728,328 3.7
Consolidated Available Seat Miles
(000)
Domestic 5,414,336 5,765,450 (6.1)
Atlantic 1,208,089 983,962 22.8
Latin 404,080 453,324 (10.9)
Total Consolidated Available
Seat Miles 7,026,505 7,202,736 (2.4)
Consolidated Load Factor (%)
Domestic 85.5 79.8 5.7 pts
Atlantic 81.1 80.9 0.2 pts
Latin 81.5 73.1 8.4 pts
Total Consolidated Load Factor 84.5 79.5 5.0 pts
Consolidated Enplanements
Domestic 5,463,471 5,227,172 4.5
Atlantic 248,596 207,303 19.9
Latin 272,230 277,209 (1.8)
Total Consolidated Enplanements 5,984,297 5,711,684 4.8
YEAR TO DATE
2007 2006 % Change
Consolidated Revenue Passenger
Miles (000)
Domestic 35,738,199 35,628,060 0.3
Atlantic 5,381,136 4,746,525 13.4
Latin 2,890,180 3,006,908 (3.9)
Total Consolidated Revenue
Passenger Miles 44,009,515 43,381,493 1.4
Consolidated Available Seat Miles
(000)
Domestic 43,427,972 44,456,014 (2.3)
Atlantic 6,877,422 5,981,817 15.0
Latin 3,688,455 4,027,457 (8.4)
Total Consolidated Available
Seat Miles 53,993,849 54,465,288 (0.9)
Consolidated Load Factor (%)
Domestic 82.3 80.1 2.2 pts
Atlantic 78.2 79.3 (1.1) pts
Latin 78.4 74.7 3.7 pts
Total Consolidated Load Factor 81.5 79.6 1.9 pts
Consolidated Enplanements
Domestic 41,927,147 41,378,323 1.3
Atlantic 1,375,107 1,226,586 12.1
Latin 2,341,957 2,466,981 (5.1)
Total Consolidated Enplanements 45,644,211 45,071,890 1.3
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 notable company
accomplishments during the month of August:
-- The airline maintenance and reliability groups set a new V2500 engine
operating hours performance record with the completion of more than
30,000 flight hours.
-- New livery of the airline's mainline fleet nears the 200 mark, with
approximately 160 left to paint.
-- Signed a new codeshare agreement with Star Alliance member Air New
Zealand, providing non-stop flights available for US Airways customers
to Auckland, New Zealand via San Francisco and Los Angeles.
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.
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Related links:
http://www.usairways.com/
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/20050223/LAW097LOGO
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
CONTACT:
Phil Gee of US Airways Group, Inc.,
+1-480-693-5729
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