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.
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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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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