US Airways Reports Record December Load Factor

TEMPE, Ariz., Jan 05, 2011 (BUSINESS WIRE) -- US Airways Group, Inc. (NYSE: LCC) today announced December, fourth quarter, and full-year 2010 traffic results. Mainline revenue passenger miles (RPMs) for the month were 4.7 billion, up 5.7 percent versus December 2009. Mainline capacity was 5.9 billion available seat miles (ASMs), up 3.7 percent versus December 2009. Mainline passenger load factor was 80.8 percent, a record for the month of December and up 1.5 points versus December 2009.

US Airways' President Scott Kirby said, "Our December consolidated (mainline and Express) passenger revenue per available seat mile (PRASM) and total revenue per available seat mile each increased approximately 5 percent versus the same period last year.

"The last two weeks of December presented a challenging operational environment due to snowstorms in Europe and throughout the northeastern part of the U.S. The US Airways team did a terrific job of taking care of our customers during this holiday travel period, and got the system back up and running quickly following the storm. In fact, one day after the New York blizzard, our operation was back up and completing more than 99 percent of our schedule. Despite the adverse weather conditions over the holidays, thanks to these efforts we posted our best December on-time departure, arrival and baggage handling performance since 2005.

"Simply put, our team ran an outstanding operation throughout the entire year and we enter 2011 from a very solid operational and financial position," Kirby concluded.

For the month of December, US Airways' preliminary on-time performance as reported to the U.S. Department of Transportation (DOT) was 78.7 percent with a completion factor of 97.7 percent.

The following summarizes US Airways Group's traffic results for the month, quarter and full-year ended December 31, 2010 and 2009, 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

DECEMBER

2010

2009

Change

Mainline Revenue Passenger Miles (000)
Domestic 3,615,975 3,523,494 2.6 %
Atlantic 697,538 577,168 20.9 %
Latin 426,631 385,977 10.5 %
Total Mainline Revenue Passenger Miles 4,740,144 4,486,639 5.7 %
Mainline Available Seat Miles (000)
Domestic 4,413,768 4,382,837 0.7 %
Atlantic 922,205 749,798 23.0 %
Latin 531,021 525,607 1.0 %
Total Mainline Available Seat Miles 5,866,994 5,658,242 3.7 %
Mainline Load Factor (%)
Domestic 81.9 80.4 1.5 pts
Atlantic 75.6 77.0 (1.4 ) pts
Latin 80.3 73.4 6.9 pts
Total Mainline Load Factor 80.8 79.3 1.5 pts
Mainline Enplanements
Domestic 3,798,689 3,577,737 6.2 %
Atlantic 169,624 143,744 18.0 %
Latin 309,429 290,249 6.6 %
Total Mainline Enplanements 4,277,742 4,011,730 6.6 %
QUARTER TO DATE
2010 2009 Change
Mainline Revenue Passenger Miles (000)
Domestic 10,946,340 10,582,802 3.4 %
Atlantic 2,215,710 1,883,229 17.7 %
Latin 1,072,866 869,741 23.4 %
Total Mainline Revenue Passenger Miles 14,234,916 13,335,772 6.7 %
Mainline Available Seat Miles (000)
Domestic 13,248,441 13,125,731 0.9 %
Atlantic 2,846,767 2,417,696 17.7 %
Latin 1,330,489 1,174,102 13.3 %
Total Mainline Available Seat Miles 17,425,697 16,717,529 4.2 %
Mainline Load Factor (%)
Domestic 82.6 80.6 2.0 pts
Atlantic 77.8 77.9 (0.1 ) pts
Latin 80.6 74.1 6.5 pts
Total Mainline Load Factor 81.7 79.8 1.9 pts
Mainline Enplanements
Domestic 11,659,972 10,962,752 6.4 %
Atlantic 545,643 468,541 16.5 %
Latin 794,562 686,108 15.8 %
Total Mainline Enplanements 13,000,177 12,117,401 7.3 %
YEAR TO DATE
2010 2009 Change
Mainline Revenue Passenger Miles (000)
Domestic 43,868,213 44,314,053 (1.0 ) %
Atlantic 10,014,367 9,340,135 7.2 %
Latin 5,094,320 4,235,015 20.3 %
Total Mainline Revenue Passenger Miles 58,976,900 57,889,203 1.9 %
Mainline Available Seat Miles (000)
Domestic 52,704,428 53,252,668 (1.0 ) %
Atlantic 12,426,468 11,991,688 3.6 %
Latin 6,456,628 5,480,590 17.8 %
Total Mainline Available Seat Miles 71,587,524 70,724,946 1.2 %
Mainline Load Factor (%)
Domestic 83.2 83.2 - pts
Atlantic 80.6 77.9 2.7 pts
Latin 78.9 77.3 1.6 pts
Total Mainline Load Factor 82.4 81.9 0.5 pts
Mainline Enplanements
Domestic 45,576,881 45,241,679 0.7 %
Atlantic 2,473,939 2,370,204 4.4 %
Latin 3,802,568 3,404,146 11.7 %
Total Mainline Enplanements 51,853,388 51,016,029 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)
DECEMBER
2010 2009 Change
Express Revenue Passenger Miles (000)
Domestic 185,456 160,485 15.6 %
Express Available Seat Miles (000)
Domestic 262,626 241,318 8.8 %
Express Load Factor (%)
Domestic 70.6 66.5 4.1 pts
Express Enplanements
Domestic 631,331 600,633 5.1 %
QUARTER TO DATE
2010 2009 Change
Express Revenue Passenger Miles (000)
Domestic 591,881 519,762 13.9 %
Express Available Seat Miles (000)
Domestic 800,530 749,455 6.8 %
Express Load Factor (%)
Domestic 73.9 69.4 4.5 pts
Express Enplanements
Domestic 2,068,027 1,956,078 5.7 %
YEAR TO DATE
2010 2009 Change
Express Revenue Passenger Miles (000)
Domestic 2,216,723 2,127,335 4.2 %
Express Available Seat Miles (000)
Domestic 3,111,316 3,126,780 (0.5 ) %
Express Load Factor (%)
Domestic 71.2 68.0 3.2 pts
Express Enplanements
Domestic 7,955,979 7,905,580 0.6 %

Notes:

1)

Canada is included in domestic results.

Consolidated US Airways Group, Inc.
DECEMBER
2010 2009 Change
Consolidated Revenue Passenger Miles (000)
Domestic 3,801,431 3,683,979 3.2 %
Atlantic 697,538 577,168 20.9 %
Latin 426,631 385,977 10.5 %
Total Consolidated Revenue Passenger Miles 4,925,600 4,647,124 6.0 %
Consolidated Available Seat Miles (000)
Domestic 4,676,394 4,624,155 1.1 %
Atlantic 922,205 749,798 23.0 %
Latin 531,021 525,607 1.0 %
Total Consolidated Available Seat Miles 6,129,620 5,899,560 3.9 %
Consolidated Load Factor (%)
Domestic 81.3 79.7 1.6 pts
Atlantic 75.6 77.0 (1.4 ) pts
Latin 80.3 73.4 6.9 pts
Total Consolidated Load Factor 80.4 78.8 1.6 pts
Consolidated Enplanements
Domestic 4,430,020 4,178,370 6.0 %
Atlantic 169,624 143,744 18.0 %
Latin 309,429 290,249 6.6 %
Total Consolidated Enplanements 4,909,073 4,612,363 6.4 %
QUARTER TO DATE
2010 2009 Change
Consolidated Revenue Passenger Miles (000)
Domestic 11,538,221 11,102,564 3.9 %
Atlantic 2,215,710 1,883,229 17.7 %
Latin 1,072,866 869,741 23.4 %
Total Consolidated Revenue Passenger Miles 14,826,797 13,855,534 7.0 %
Consolidated Available Seat Miles (000)
Domestic 14,048,971 13,875,186 1.3 %
Atlantic 2,846,767 2,417,696 17.7 %
Latin 1,330,489 1,174,102 13.3 %
Total Consolidated Available Seat Miles 18,226,227 17,466,984 4.3 %
Consolidated Load Factor (%)
Domestic 82.1 80.0 2.1 pts
Atlantic 77.8 77.9 (0.1 ) pts
Latin 80.6 74.1 6.5 pts
Total Consolidated Load Factor 81.3 79.3 2.0 pts
Consolidated Enplanements
Domestic 13,727,999 12,918,830 6.3 %
Atlantic 545,643 468,541 16.5 %
Latin 794,562 686,108 15.8 %
Total Consolidated Enplanements 15,068,204 14,073,479 7.1 %
YEAR TO DATE
2010 2009 Change
Consolidated Revenue Passenger Miles (000)
Domestic 46,084,936 46,441,388 (0.8 ) %
Atlantic 10,014,367 9,340,135 7.2 %
Latin 5,094,320 4,235,015 20.3 %
Total Consolidated Revenue Passenger Miles 61,193,623 60,016,538 2.0 %
Consolidated Available Seat Miles (000)
Domestic 55,815,744 56,379,448 (1.0 ) %
Atlantic 12,426,468 11,991,688 3.6 %
Latin 6,456,628 5,480,590 17.8 %
Total Consolidated Available Seat Miles 74,698,840 73,851,726 1.1 %
Consolidated Load Factor (%)
Domestic 82.6 82.4 0.2 pts
Atlantic 80.6 77.9 2.7 pts
Latin 78.9 77.3 1.6 pts
Total Consolidated Load Factor 81.9 81.3 0.6 pts
Consolidated Enplanements
Domestic 53,532,860 53,147,259 0.7 %
Atlantic 2,473,939 2,370,204 4.4 %
Latin 3,802,568 3,404,146 11.7 %
Total Consolidated Enplanements 59,809,367 58,921,609 1.5 %

Notes:

1)

Canada, Puerto Rico and U.S. Virgin Islands are included in the domestic results.

2)

Latin numbers include the Caribbean.

About US Airways

US Airways, along with US Airways Shuttle and US Airways Express, operates more than 3,100 flights per day and serves more than 200 communities in the U.S., Canada, Mexico, Europe, the Middle East, the Caribbean, Central and South America. The airline employs more than 31,000 aviation professionals worldwide and is a member of the Star Alliance network, which offers its customers 21,000 daily flights to 1,160 airports in 181 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. For the sixth year in a row, the airline also earned a 100 percent rating on the Human Rights Campaign Corporate Equality index, a leading indicator of companies' attitudes and policies toward lesbian, gay, bisexual and transgender employees and customers. For more company information, visit usairways.com. (LCCT)

Forward Looking Statements

Certain of the statements contained or referred to 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," "project," "could," "should," and "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 US Airways Group (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 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; the Company's high level of fixed obligations and its ability to fund general corporate requirements, obtain additional financing and respond to competitive developments; any failure to comply with the liquidity covenants contained in the Company's financing arrangements; provisions in the Company's credit card processing and other commercial agreements that may affect its liquidity; the impact of union disputes, employee strikes and other labor-related disruptions; the Company's inability to maintain labor costs at competitive levels; the Company's reliance on third party regional operators or third party service providers; the Company's reliance on automated systems and the impact of any failure or disruption of these systems; the impact of changes to the Company's business model; competitive practices in the industry, including the impact of industry consolidation; the loss of key personnel or the Company's ability to attract and retain qualified personnel; the impact of conflicts overseas or terrorist attacks, and the impact of ongoing security concerns; changes in government legislation and regulation; the Company's ability to operate and grow its route network; the impact of environmental laws and regulations; 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 or the aircraft of its 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 and disruptions to insurance markets; 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; the Company's ability to use NOLs and certain other tax attributes; and other risks and uncertainties listed from time to time in the Company's reports to and filings with 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 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, 2010 and in the Company's other filings with the SEC, which are available at www.usairways.com.

-LCC-

SOURCE: US Airways

US Airways
Dan Cravens, 480-693-5729