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US Airways Reports Record November Load Factor

TEMPE, Ariz.--(BUSINESS WIRE)--Dec. 5, 2011-- US Airways Group, Inc. (NYSE: LCC) today announced November and year-to-date 2011 traffic results. Mainline revenue passenger miles (RPMs) for the month were 4.7 billion, up 3.4 percent versus November 2010. Mainline capacity was 5.6 billion available seat miles (ASMs), down 0.6 percent versus November 2010. Mainline passenger load factor was a record 83.8 percent for the month of November, up 3.2 points versus November 2010.

US Airways’ President Scott Kirby said, “Our November consolidated (mainline and Express) passenger revenue per available seat mile (PRASM) increased approximately 13 percent versus the same period last year.

“I would like to thank our 32,000 team members for doing an outstanding job of taking care of our customers during the busy Thanksgiving holiday travel period. Despite the high volume of passengers and full flights, our team delivered its best Thanksgiving holiday weekend on-time performance since our merger in 2005.”

For the month of November, US Airways’ preliminary on-time performance as reported to the U.S. Department of Transportation was 87.5 percent with a completion factor of 99.3 percent.

The following summarizes US Airways Group’s traffic results for the month and year-to-date ended November 30, 2011 and 2010, 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
       
NOVEMBER
2011 2010 Change
Mainline Revenue Passenger Miles (000)
Domestic 3,644,236 3,540,066 2.9 %
Atlantic 653,014 618,160 5.6 %
Latin 359,900 347,949 3.4 %
Total Mainline Revenue Passenger Miles 4,657,150 4,506,175 3.4 %
 
Mainline Available Seat Miles (000)
Domestic 4,236,284 4,310,254 (1.7 ) %
Atlantic 880,103 839,570 4.8 %
Latin 440,445 441,684 (0.3 ) %
Total Mainline Available Seat Miles 5,556,832 5,591,508 (0.6 ) %
 
Mainline Load Factor (%)
Domestic 86.0 82.1 3.9 pts
Atlantic 74.2 73.6 0.6 pts
Latin 81.7 78.8 2.9 pts
Total Mainline Load Factor 83.8 80.6 3.2 pts
 
Mainline Enplanements
Domestic 3,940,486 3,811,192 3.4 %
Atlantic 157,295 152,567 3.1 %
Latin 263,563 263,502 - %
Total Mainline Enplanements 4,361,344 4,227,261 3.2 %
 
YEAR TO DATE
2011 2010 Change

Mainline Revenue Passenger Miles (000)

Domestic 41,286,438 40,252,237 2.6 %
Atlantic 10,096,606 9,316,829 8.4 %
Latin 4,485,962 4,667,689 (3.9 ) %
Total Mainline Revenue Passenger Miles 55,869,006 54,236,755 3.0 %
 
Mainline Available Seat Miles (000)
Domestic 48,594,094 48,290,660 0.6 %
Atlantic 12,534,998 11,504,263 9.0 %
Latin 5,478,263 5,925,607 (7.5 ) %
Total Mainline Available Seat Miles 66,607,355 65,720,530 1.3 %
 
Mainline Load Factor (%)
Domestic 85.0 83.4 1.6 pts
Atlantic 80.5 81.0 (0.5 ) pts
Latin 81.9 78.8 3.1 pts
Total Mainline Load Factor 83.9 82.5 1.4 pts
 
Mainline Enplanements
Domestic 42,766,665 41,778,192 2.4 %
Atlantic 2,488,975 2,304,315 8.0 %
Latin 3,331,122 3,493,139 (4.6 ) %
Total Mainline Enplanements 48,586,762 47,575,646 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)
     
NOVEMBER
2011 2010 Change
Express Revenue Passenger Miles (000)
Domestic 188,879 193,305 (2.3 ) %
 
Express Available Seat Miles (000)
Domestic 252,731 264,532 (4.5 ) %
 
Express Load Factor (%)
Domestic 74.7 73.1 1.6 pts
 
Express Enplanements
Domestic 654,096 676,022 (3.2 ) %
 
YEAR TO DATE
2011 2010 Change
Express Revenue Passenger Miles (000)
Domestic 2,116,754 2,031,267 4.2 %
 
Express Available Seat Miles (000)
Domestic 2,896,512 2,848,690 1.7 %
 
Express Load Factor (%)
Domestic 73.1 71.3 1.8 pts
 
Express Enplanements
Domestic 7,261,136 7,324,648 (0.9 ) %
Notes:
1)   Canada is included in domestic results.
Consolidated US Airways Group, Inc.
 
NOVEMBER        
2011 2010 Change
Consolidated Revenue Passenger Miles (000)
Domestic 3,833,115 3,733,371 2.7 %
Atlantic 653,014 618,160 5.6 %
Latin 359,900 347,949 3.4 %
Total Consolidated Revenue Passenger Miles 4,846,029 4,699,480 3.1 %
 
Consolidated Available Seat Miles (000)
Domestic 4,489,015 4,574,786 (1.9 ) %
Atlantic 880,103 839,570 4.8 %
Latin 440,445 441,684 (0.3 ) %
Total Consolidated Available Seat Miles 5,809,563 5,856,040 (0.8 ) %
 
Consolidated Load Factor (%)
Domestic 85.4 81.6 3.8 pts
Atlantic 74.2 73.6 0.6 pts
Latin 81.7 78.8 2.9 pts
Total Consolidated Load Factor 83.4 80.3 3.1 pts
 
Consolidated Enplanements
Domestic 4,594,582 4,487,214 2.4 %
Atlantic 157,295 152,567 3.1 %
Latin 263,563 263,502 - %
Total Consolidated Enplanements 5,015,440 4,903,283 2.3 %
 
YEAR TO DATE
2011 2010 Change
Consolidated Revenue Passenger Miles (000)
Domestic 43,403,192 42,283,504 2.6 %
Atlantic 10,096,606 9,316,829 8.4 %
Latin 4,485,962 4,667,689 (3.9 ) %
Total Consolidated Revenue Passenger Miles 57,985,760 56,268,022 3.1 %
 
Consolidated Available Seat Miles (000)
Domestic 51,490,606 51,139,350 0.7 %
Atlantic 12,534,998 11,504,263 9.0 %
Latin 5,478,263 5,925,607 (7.5 ) %
Total Consolidated Available Seat Miles 69,503,867 68,569,220 1.4 %
 
Consolidated Load Factor (%)
Domestic 84.3 82.7 1.6 pts
Atlantic 80.5 81.0 (0.5 ) pts
Latin 81.9 78.8 3.1 pts
Total Consolidated Load Factor 83.4 82.1 1.3 pts
 
Consolidated Enplanements
Domestic 50,027,801 49,102,840 1.9 %
Atlantic 2,488,975 2,304,315 8.0 %
Latin 3,331,122 3,493,139 (4.6 ) %
Total Consolidated Enplanements 55,847,898 54,900,294 1.7 %
Notes:
1)   Canada, Puerto Rico and U.S. Virgin Islands are included in the domestic results.
2) Latin numbers include the Caribbean.

US Airways

US Airways, along with US Airways Shuttle and US Airways Express, operates more than 3,000 flights per day and serves 200 communities in the U.S., Canada, Mexico, Europe, the Middle East, the Caribbean, Central and South America. The airline employs more than 32,000 aviation professionals worldwide and is a member of the Star Alliance network, which offers its customers more than 21,000 daily flights to 1,185 airports in 185 countries. Together with its US Airways Express partners, the airline serves approximately 80 million passengers each year and operates hubs in Charlotte, N.C., Philadelphia and Phoenix, and a focus city in Washington, D.C. at Ronald Reagan Washington National Airport. US Airways was the only airline included as one of the 50 best companies to work for in the U.S. by LATINA Style magazine’s 50 Report for 2010 and 2011. The airline also earned a 100 percent rating on the Human Rights Campaign Corporate Equality index for the sixth year in a row. The Corporate Equality index is a leading indicator of companies’ attitudes and policies toward lesbian, gay, bisexual and transgender employees and customers. US Airways also ranked #1 among its competing hub-and-spoke network carriers for 2010 performance as rated by the Wichita State University/Purdue University Airline Quality Rating (AQR). For more company information visit usairways.com, follow on Twitter @USAirways or at Facebook.com/USAirways. (LCCT)

Forward Looking Statements

Certain of the statements contained or referred to herein are "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," "project," "could," "should," “would," "continue" and similar terms used in connection with statements regarding, among others, the outlook, expected fuel costs, revenue and pricing environment, and expected financial performance and liquidity position of the Company. Such statements include, but are not limited to, statements about 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 significant operating losses in the future; downturns in economic conditions and their impact on passenger demand, booking practices and related revenues; increased costs of financing, a reduction in the availability of financing and fluctuations in interest rates; the impact of the price and availability of fuel and significant disruptions in the supply of aircraft fuel; our high level of fixed obligations and our ability to fund general corporate requirements, obtain additional financing and respond to competitive developments; any failure to comply with the liquidity covenants contained in our financing arrangements; provisions in our credit card processing and other commercial agreements that may affect our liquidity; the impact of union disputes, employee strikes and other labor-related disruptions; our inability to maintain labor costs at competitive levels; interruptions or disruptions in service at one or more of our hub airports or our focus city; our reliance on third-party regional operators or third-party service providers; our reliance on and costs, rights and functionality of third-party distribution channels, including those provided by global distribution systems, conventional travel agents and online travel agents; changes in government legislation and regulation; our reliance on automated systems and the impact of any failure or disruption of these systems; the impact of changes to our business model; competitive practices in the industry, including the impact of industry consolidation; the loss of key personnel or our ability to attract and retain qualified personnel; the impact of conflicts overseas or terrorist attacks, and the impact of ongoing security concerns; our ability to operate and grow our route network; the impact of environmental laws and regulations; costs of ongoing data security compliance requirements and the impact of any data security breach; the impact of any accident involving our aircraft or the aircraft of our regional operators; delays in scheduled aircraft deliveries or other loss of anticipated fleet capacity; the impact of weather conditions and seasonality of airline travel; the impact of possible future increases in insurance costs or reductions in available insurance coverage; the impact of global events that affect travel behavior, such as an outbreak of a contagious disease; the impact of foreign currency exchange rate fluctuations; our ability to use NOLs and certain other tax attributes; and other risks and uncertainties listed from time to time in our reports to and filings with the Securities and Exchange Commission (“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 or supplement 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 September 30, 2011 and in the Company's other filings with the SEC, which are available at www.usairways.com.

-LCC-

Source: US Airways Group, Inc.

US Airways
Dan Cravens, 480-693-5729