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US Airways Group, Inc. Reports Record June Load Factor

US Airways Group, Inc. (NYSE: LCC) today announced June, second quarter and year-to-date 2009 traffic results. Mainline revenue passenger miles (RPMs) for the month were 5.4 billion, down 4.1 percent versus June 2008. Capacity was 6.3 billion available seat miles (ASMs), down 6.1 percent versus June 2008. Passenger load factor for the month of June was a record 86.8 percent, up 1.8 points versus June 2008.

US Airways President Scott Kirby said, "Our June consolidated (mainline and Express) passenger revenue per available seat mile (PRASM) was down approximately 20 percent versus the same period last year while total revenue per available seat mile only decreased approximately 18 percent on a year-over-year basis. These declines in unit revenues are driven by weaker demand for business travel and lower leisure yields as a result of the global economic recession.”

For the month of June, US Airways’ preliminary on-time performance as reported to the U.S. Department of Transportation (DOT) was 78.0 percent with a completion factor of 98.9 percent.

The following summarizes US Airways Group’s traffic results for the month, quarter and year-to-date consisting of mainline operated flights as well as US Airways Express flights operated by wholly owned subsidiaries PSA Airlines and Piedmont Airlines.

US Airways Mainline
JUNE
20092008% Change
Mainline Revenue Passenger Miles (000)
Domestic 4,014,075 4,309,161 (6.8)
Atlantic 1,078,359 984,456 9.5
Latin 341,061371,451 (8.2)
Total Mainline Revenue Passenger Miles 5,433,495 5,665,068 (4.1)
Mainline Available Seat Miles (000)
Domestic 4,556,257 5,061,527 (10.0)
Atlantic 1,301,783 1,170,478 11.2
Latin 401,324433,275 (7.4)
Total Mainline Available Seat Miles 6,259,364 6,665,280 (6.1)
Mainline Load Factor (%)
Domestic 88.1 85.1 3.0 pts
Atlantic 82.8 84.1 (1.3) pts
Latin 85.085.7 (0.7) pts
Total Mainline Load Factor 86.8 85.0 1.8 pts
Mainline Enplanements
Domestic 3,954,499 4,299,788 (8.0)
Atlantic 271,666 252,096 7.8
Latin 282,844314,712 (10.1)
Total Mainline Enplanements 4,509,009 4,866,596 (7.3)
QUARTER TO DATE
20092008% Change
Mainline Revenue Passenger Miles (000)
Domestic 11,769,570 12,558,984 (6.3)
Atlantic 2,615,310 2,474,106 5.7
Latin 1,140,7971,159,541 (1.6)
Total Mainline Revenue Passenger Miles 15,525,677 16,192,631 (4.1)
Mainline Available Seat Miles (000)
Domestic 13,596,932 14,921,493 (8.9)
Atlantic 3,257,131 3,089,594 5.4
Latin 1,455,9791,375,455 5.9
Total Mainline Available Seat Miles 18,310,042 19,386,542 (5.6)
Mainline Load Factor (%)
Domestic 86.6 84.2 2.4 pts
Atlantic 80.3 80.1 0.2 pts
Latin 78.484.3 (5.9) pts
Total Mainline Load Factor 84.8 83.5 1.3 pts
Mainline Enplanements
Domestic 11,845,736 12,814,273 (7.6)
Atlantic 667,200 633,968 5.2
Latin 927,573962,089 (3.6)
Total Mainline Enplanements 13,440,509 14,410,330 (6.7)
YEAR TO DATE
20092008% Change
Mainline Revenue Passenger Miles (000)
Domestic 22,341,499 24,357,221 (8.3)
Atlantic 3,986,328 3,913,492 1.9
Latin 2,506,4682,411,358 3.9
Total Mainline Revenue Passenger Miles 28,834,295 30,682,071 (6.0)
Mainline Available Seat Miles (000)
Domestic 26,689,655 29,675,038 (10.1)
Atlantic 5,337,068 5,140,126 3.8
Latin 3,262,4332,906,333 12.3
Total Mainline Available Seat Miles 35,289,156 37,721,497 (6.4)
Mainline Load Factor (%)
Domestic 83.7 82.1 1.6 pts
Atlantic 74.7 76.1 (1.4) pts
Latin 76.883.0 (6.2) pts
Total Mainline Load Factor 81.7 81.3 0.4 pts
Mainline Enplanements
Domestic 22,822,295 24,998,687 (8.7)
Atlantic 1,021,569 1,002,638 1.9
Latin 2,005,9161,944,940 3.1
Total Mainline Enplanements 25,849,780 27,946,265 (7.5)
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)
JUNE
20092008% Change
Express Revenue Passenger Miles (000)
Domestic 195,888 197,471 (0.8)
Express Available Seat Miles (000)
Domestic 268,796 282,160 (4.7)
Express Load Factor (%)
Domestic 72.9 70.0 2.9 pts
Express Enplanements
Domestic 716,551 702,775 2.0
QUARTER TO DATE
20092008% Change
Express Revenue Passenger Miles (000)
Domestic 556,890 577,251 (3.5)
Express Available Seat Miles (000)
Domestic 792,962 836,851 (5.2)
Express Load Factor (%)
Domestic 70.2 69.0 1.2 pts
Express Enplanements
Domestic 2,047,530 2,059,106 (0.6)
YEAR TO DATE
20092008% Change
Express Revenue Passenger Miles (000)
Domestic 1,027,247 1,084,591 (5.3)
Express Available Seat Miles (000)
Domestic 1,554,383 1,620,769 (4.1)
Express Load Factor (%)
Domestic 66.1 66.9 (0.8) pts
Express Enplanements
Domestic 3,801,416 3,870,890 (1.8)
Notes:
1)Canada is included in domestic results.
Consolidated US Airways Group, Inc.
JUNE
20092008% Change
Consolidated Revenue Passenger Miles (000)
Domestic 4,209,963 4,506,632 (6.6)
Atlantic 1,078,359 984,456 9.5
Latin 341,061371,451 (8.2)
Total Consolidated Revenue Passenger Miles 5,629,383 5,862,539 (4.0)
Consolidated Available Seat Miles (000)
Domestic 4,825,053 5,343,687 (9.7)
Atlantic 1,301,783 1,170,478 11.2
Latin 401,324433,275 (7.4)
Total Consolidated Available Seat Miles 6,528,160 6,947,440 (6.0)
Consolidated Load Factor (%)
Domestic 87.3 84.3 3.0 pts
Atlantic 82.8 84.1 (1.3) pts
Latin 85.085.7 (0.7) pts
Total Consolidated Load Factor 86.2 84.4 1.8 pts
Consolidated Enplanements
Domestic 4,671,050 5,002,563 (6.6)
Atlantic 271,666 252,096 7.8
Latin 282,844314,712 (10.1)
Total Consolidated Enplanements 5,225,560 5,569,371 (6.2)
QUARTER TO DATE
20092008% Change
Consolidated Revenue Passenger Miles (000)
Domestic 12,326,460 13,136,235 (6.2)
Atlantic 2,615,310 2,474,106 5.7
Latin 1,140,7971,159,541 (1.6)
Total Consolidated Revenue Passenger Miles 16,082,567 16,769,882 (4.1)
Consolidated Available Seat Miles (000)
Domestic 14,389,894 15,758,344 (8.7)
Atlantic 3,257,131 3,089,594 5.4
Latin 1,455,9791,375,455 5.9
Total Consolidated Available Seat Miles 19,103,004 20,223,393 (5.5)
Consolidated Load Factor (%)
Domestic 85.7 83.4 2.3 pts
Atlantic 80.3 80.1 0.2 pts
Latin 78.484.3 (5.9) pts
Total Consolidated Load Factor 84.2 82.9 1.3 pts
Consolidated Enplanements
Domestic 13,893,266 14,873,379 (6.6)
Atlantic 667,200 633,968 5.2
Latin 927,573962,089 (3.6)
Total Consolidated Enplanements 15,488,039 16,469,436 (6.0)
YEAR TO DATE
20092008% Change
Consolidated Revenue Passenger Miles (000)
Domestic 23,368,746 25,441,812 (8.1)
Atlantic 3,986,328 3,913,492 1.9
Latin 2,506,4682,411,358 3.9
Total Consolidated Revenue Passenger Miles 29,861,542 31,766,662 (6.0)
Consolidated Available Seat Miles (000)
Domestic 28,244,038 31,295,807 (9.8)
Atlantic 5,337,068 5,140,126 3.8
Latin 3,262,4332,906,333 12.3
Total Consolidated Available Seat Miles 36,843,539 39,342,266 (6.4)
Consolidated Load Factor (%)
Domestic 82.7 81.3 1.4 pts
Atlantic 74.7 76.1 (1.4) pts
Latin 76.883.0 (6.2) pts
Total Consolidated Load Factor 81.0 80.7 0.3 pts
Consolidated Enplanements
Domestic 26,623,711 28,869,577 (7.8)
Atlantic 1,021,569 1,002,638 1.9
Latin 2,005,9161,944,940 3.1
Total Consolidated Enplanements 29,651,196 31,817,155 (6.8)
Notes:
1)Canada, Puerto Rico and U.S. Virgin Islands are included in the domestic results.
2)Latin numbers include the Caribbean.

US Airways is also providing a brief update on notable company accomplishments during the month of June:

  • Announced nonstop service between its largest hub in Charlotte, North Carolina and Honolulu, Hawaii on the island of Oahu. Daily, year-round service is set to begin Thursday, December 17, 2009. The new flight will complement US Airways’ daily nonstop service to Oahu, Maui, Kauai and the Big Island from its Phoenix hub.

US Airways was America’s number one on-time airline in 2008 among the “Big Six” hub-and-spoke airlines according to the U.S. Department of Transportation’s (DOT) monthly Air Travel Consumer Report. US Airways, along with US Airways Shuttle and US Airways Express, operates more than 3,200 flights per day and serves more than 200 communities in the U.S., Canada, Europe, the Caribbean and Latin America. The airline employs more than 33,000 aviation professionals worldwide and is a member of the Star Alliance network, which offers our customers more than 16,500 daily flights to 912 destinations in 159 countries worldwide. And for the eleventh consecutive year, the airline received a Diamond Award for maintenance training excellence from the Federal Aviation Administration (FAA) for its Charlotte, North Carolina hub line maintenance facility. For more company information, visit 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," "anticipate," "believe," "estimate," "plan," "could," "should," and "continue" and similar terms used in connection with statements regarding the outlook, expected fuel costs, revenue and pricing environment, and expected financial performance of US Airways Group (the "Company"). Such statements include, but are not limited to, statements about the benefits of the business combination transaction involving America West Holdings Corporation and US Airways Group, including future financial and operating results, the Company's plans, objectives, expectations and intentions, and other statements that are not historical facts. These 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 these statements. Such risks and uncertainties include, but are not limited to, the following: the impact of future significant operating losses; the impact of economic conditions; changes in prevailing interest rates, a reduction in the availability of financing and increased costs of financing; the Company's high level of fixed obligations and the ability of the Company to obtain and maintain any necessary financing for operations and other purposes and operate pursuant to the terms of our financing facilities (particularly the financial covenants); the ability of the Company to maintain adequate liquidity; labor costs, relations with unionized employees generally and the impact and outcome of the labor negotiations, including the ability of the Company to complete the integration of the labor groups of the Company and America West Holdings; reliance on vendors and service providers and the ability of the Company to obtain and maintain commercially reasonable terms with those vendors and service providers; the impact of fuel price volatility, significant disruptions in fuel supply and further significant increases to fuel prices; reliance on automated systems and the impact of any failure or disruption of these systems; the impact of the integration of the Company’s business units; the impact of changes in the Company’s business model; competitive practices in the industry, including significant fare restructuring activities, capacity reductions or other restructuring or consolidation activities by major airlines; the impact of industry consolidation; the ability to attract and retain qualified personnel; the impact of global instability including the potential impact of current and future hostilities, terrorist attacks, infectious disease outbreaks or other global events; government legislation and regulation, including environmental regulation; the Company's ability to obtain and maintain adequate facilities and infrastructure to operate and grow the Company's route network; costs of ongoing data security compliance requirements and the impact of any data security breach; interruptions or disruptions in service at one or more of the Company's hub airports; the impact of any accident involving the Company's aircraft; delays in scheduled aircraft deliveries or other loss of anticipated fleet capacity; security-related and insurance costs; weather conditions; the cyclical nature of the airline industry; the impact of foreign currency exchange rate fluctuations; the ability to use pre-merger NOLs and certain other tax attributes; the ability to maintain contracts critical to the Company's operations; the ability of the Company to attract and retain customers; and other risks and uncertainties listed from time to time in the Company's reports to the SEC. 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. The Company assumes no obligation to publicly update any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting such estimates other than as required by law. Additional factors that may affect the future results of the Company are set forth in the section entitled "Risk Factors" in the Company's Report on Form 10-Q for the quarter ended March 31, 2009 and in the Company's filings with the SEC, which are available at www.usairways.com

Contacts:

US Airways Group, Inc.
Dan Cravens, 480-693-5729

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