TEMPE, Ariz., Oct. 4 /PRNewswire-FirstCall/ -- US Airways Group, Inc.
(NYSE: LCC) today reported September, third quarter, and year-to-date
traffic results for 2007. Revenue passenger miles (RPMs) for the month were
4.7 billion, up 2.3 percent from September 2006. Capacity was 6.0 billion
available seat miles (ASMs), down 4.8 percent from September 2006.
Passenger load factor for the month of September was 78.1 percent versus
72.7 percent in September 2006.
(Logo: http://www.newscom.com/cgi-bin/prnh/20050223/LAW097LOGO )
"For the second consecutive month, our consolidated (mainline and
Express) passenger revenue per available seat mile (PRASM) was up over five
percent on a year-over-year basis. The fourth quarter is showing continued
signs of strong bookings on a robust fare base and we have not seen any
indication of diminished demand. In addition, we continue to make
significant progress in our operation and have seen sequential improvement
over the past several months, with September on-time performance over 80
percent, our best month since May 2006," said US Airways President Scott
Kirby.
The following summarizes US Airways Group's traffic results for the
month, quarter and nine months ended September 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)
SEPTEMBER
2007 2006 % Change
Mainline Revenue Passenger Miles (000)
Domestic 3,614,490 3,671,026 (1.5)
Atlantic 891,911 736,576 21.1
Latin 179,765 173,598 3.6
Total Mainline Revenue Passenger
Miles 4,686,166 4,581,200 2.3
Mainline Available Seat Miles (000)
Domestic 4,614,235 5,068,868 (9.0)
Atlantic 1,139,404 941,208 21.1
Latin 245,737 289,026 (15.0)
Total Mainline Available Seat
Miles 5,999,376 6,299,102 (4.8)
Mainline Load Factor (%)
Domestic 78.3 72.4 5.9 pts
Atlantic 78.3 78.3 0.0 pts
Latin 73.2 60.1 13.1 pts
Total Mainline Load Factor 78.1 72.7 5.4 pts
Mainline Enplanements
Domestic 3,939,203 3,868,386 1.8
Atlantic 225,803 191,055 18.2
Latin 148,378 141,794 4.6
Total Mainline Enplanements 4,313,384 4,201,235 2.7
QUARTER TO DATE
Mainline Revenue Passenger Miles (000)
Domestic 12,628,242 12,681,716 (0.4)
Atlantic 2,885,356 2,369,080 21.8
Latin 880,311 899,118 (2.1)
Total Mainline Revenue Passenger
Miles 16,393,909 15,949,914 2.8
Mainline Available Seat Miles (000)
Domestic 15,027,038 15,993,808 (6.0)
Atlantic 3,544,289 2,911,916 21.7
Latin 1,095,490 1,250,120 (12.4)
Total Mainline Available Seat
Miles 19,666,817 20,155,844 (2.4)
Mainline Load Factor (%)
Domestic 84.0 79.3 4.7 pts
Atlantic 81.4 81.4 0.0 pts
Latin 80.4 71.9 8.5 pts
Total Mainline Load Factor 83.4 79.1 4.3 pts
Mainline Enplanements
Domestic 13,489,249 13,061,863 3.3
Atlantic 738,834 616,389 19.9
Latin 733,784 746,341 (1.7)
Total Mainline Enplanements 14,961,867 14,424,593 3.7
YEAR TO DATE
2007 2006 % Change
Mainline Revenue Passenger Miles (000)
Domestic 37,762,151 37,394,822 1.0
Atlantic 6,273,047 5,483,101 14.4
Latin 3,070,505 3,180,506 (3.5)
Total Mainline Revenue Passenger
Miles 47,105,703 46,058,429 2.3
Mainline Available Seat Miles (000)
Domestic 45,794,924 46,780,752 (2.1)
Atlantic 8,016,826 6,923,025 15.8
Latin 3,934,192 4,316,484 (8.9)
Total Mainline Available Seat
Miles 57,745,942 58,020,261 (0.5)
Mainline Load Factor (%)
Domestic 82.5 79.9 2.6 pts
Atlantic 78.2 79.2 (1.0) pts
Latin 78.0 73.7 4.3 pts
Total Mainline Load Factor 81.6 79.4 2.2 pts
Mainline Enplanements
Domestic 40,216,227 39,162,818 2.7
Atlantic 1,605,124 1,417,641 13.2
Latin 2,495,782 2,608,775 (4.3)
Total Mainline Enplanements 44,317,133 43,189,234 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 Airlines, US Airways
MidAtlantic Division)
SEPTEMBER
2007 2006 % Change
Express Revenue Passenger Miles (000)
Domestic 174,205 183,665 (5.2)
Express Available Seat Miles (000)
Domestic 264,209 296,574 (10.9)
Express Load Factor (%)
Domestic 65.9 61.9 4.0 pts
Express Enplanements
Domestic 644,441 632,070 2.0
QUARTER TO DATE
2007 2006 % Change
Express Revenue Passenger Miles (000)
Domestic 554,810 621,942 (10.8)
Express Available Seat Miles (000)
Domestic 795,133 916,087 (13.2)
Express Load Factor (%)
Domestic 69.8 67.9 1.9 pts
Express Enplanements
Domestic 2,053,538 2,134,119 (3.8)
YEAR TO DATE
2007 2006 % Change
Express Revenue Passenger Miles (000)
Domestic 1,765,889 2,087,929 (15.4)
Express Available Seat Miles (000)
Domestic 2,511,485 3,040,702 (17.4)
Express Load Factor (%)
Domestic 70.3 68.7 1.6 pts
Express Enplanements
Domestic 6,280,847 6,715,961 (6.5)
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.
SEPTEMBER
2007 2006 % Change
Consolidated Revenue Passenger
Miles (000)
Domestic 3,788,695 3,854,691 (1.7)
Atlantic 891,911 736,576 21.1
Latin 179,765 173,598 3.6
Total Consolidated Revenue
Passenger Miles 4,860,371 4,764,865 2.0
Consolidated Available Seat Miles
(000)
Domestic 4,878,444 5,365,442 (9.1)
Atlantic 1,139,404 941,208 21.1
Latin 245,737 289,026 (15.0)
Total Consolidated Available
Seat Miles 6,263,585 6,595,676 (5.0)
Consolidated Load Factor (%)
Domestic 77.7 71.8 5.9 pts
Atlantic 78.3 78.3 - pts
Latin 73.2 60.1 13.1 pts
Total Consolidated Load Factor 77.6 72.2 5.4 pts
Consolidated Enplanements
Domestic 4,583,644 4,500,456 1.8
Atlantic 225,803 191,055 18.2
Latin 148,378 141,794 4.6
Total Consolidated Enplanements 4,957,825 4,833,305 2.6
QUARTER TO DATE
2007 2006 % Change
Consolidated Revenue Passenger
Miles (000)
Domestic 13,183,052 13,303,658 (0.9)
Atlantic 2,885,356 2,369,080 21.8
Latin 880,311 899,118 (2.1)
Total Consolidated Revenue
Passenger Miles 16,948,719 16,571,856 2.3
Consolidated Available Seat Miles
(000)
Domestic 15,822,171 16,909,895 (6.4)
Atlantic 3,544,289 2,911,916 21.7
Latin 1,095,490 1,250,120 (12.4)
Total Consolidated Available
Seat Miles 20,461,950 21,071,931 (2.9)
Consolidated Load Factor (%)
Domestic 83.3 78.7 4.6 pts
Atlantic 81.4 81.4 - pts
Latin 80.4 71.9 8.5 pts
Total Consolidated Load Factor 82.8 78.6 4.2 pts
Consolidated Enplanements
Domestic 15,542,787 15,195,982 2.3
Atlantic 738,834 616,389 19.9
Latin 733,784 746,341 (1.7)
Total Consolidated Enplanements 17,015,405 16,558,712 2.8
YEAR TO DATE
2007 2006 % Change
Consolidated Revenue Passenger Miles
(000)
Domestic 39,528,040 39,482,751 0.1
Atlantic 6,273,047 5,483,101 14.4
Latin 3,070,505 3,180,506 (3.5)
Total Consolidated Revenue
Passenger Miles 48,871,592 48,146,358 1.5
Consolidated Available Seat Miles
(000)
Domestic 48,306,409 49,821,454 (3.0)
Atlantic 8,016,826 6,923,025 15.8
Latin 3,934,192 4,316,484 (8.9)
Total Consolidated Available
Seat Miles 60,257,427 61,060,963 (1.3)
Consolidated Load Factor (%)
Domestic 81.8 79.2 2.6 pts
Atlantic 78.2 79.2 (1.0) pts
Latin 78.0 73.7 4.3 pts
Total Consolidated Load Factor 81.1 78.8 2.3 pts
Consolidated Enplanements
Domestic 46,497,074 45,878,779 1.3
Atlantic 1,605,124 1,417,641 13.2
Latin 2,495,782 2,608,775 (4.3)
Total Consolidated Enplanements 50,597,980 49,905,195 1.4
Notes:
1) Canada, Puerto Rico and U.S. Virgin Islands are included in the
domestic results.
2) Latin numbers include the Caribbean.
America West and US Airways report combined operational performance to
the Department of Transportation. For the month of September 2007, the
combined domestic on-time performance was 80.2 percent with a completion
factor of 99.2 percent.
Other Notable Accomplishments
US Airways is also providing a brief update on notable company
accomplishments during the month of September:
-- Marked a significant milestone by obtaining a single operating
certificate from the Federal Aviation Administration (FAA). The
single certificate allows the airline to operate as one US Airways
with one set of policies, procedures, computer systems, maintenance
and flight control systems.
-- Awarded the right to fly the first ever route between Philadelphia and
the Chinese capital city of Beijing by the U.S. Department of
Transportation (DOT). The daily service to China will begin in 2009
with wide-body Airbus A340 aircraft configured to seat 269 (42 Envoy
and 227 economy). The flight will originate at the airline's hub in
Charlotte, N.C.
-- Broke ground for airline's new, 72,000-square foot state-of-the-art
operations control center near Pittsburgh International Airport. The
new facility will accommodate 600 employees, with completion slated
for early 2009.
-- Celebrated the debut of two newly painted NFL themed airplanes with
the Pittsburgh Steelers and the Carolina Panthers.
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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