US Airways Reports Record November Load Factor
TEMPE, Ariz., Dec. 5, 2012 /PRNewswire via COMTEX/ –US Airways Group, Inc. (NYSE: LCC) today announced November and year-to-date 2012 traffic results. Mainline revenue passenger miles (RPMs) for the month were 4.8 billion, up 4.0 percent versus November 2011. Mainline capacity was 5.7 billion available seat miles (ASMs), up 2.5 percent versus November 2011. Mainline passenger load factor was a record 85.1 percent for the month of November, up 1.3 points versus November 2011.
As previously disclosed, given the effects on travel in the Northeast resulting from Hurricane Sandy, the Company estimates that November PRASM was negatively impacted by approximately 2 percentage points and November earnings by approximately $20 million. Bookings have since returned to normal levels.
[quote]US Airways’ President Scott Kirby said, “Our November consolidated (mainline and Express) passenger revenue per available seat mile (PRASM) was flat versus the same period last year. As we begin the busy holiday travel season, I would like to thank our 32,000 employees for delivering outstanding service to our customers. Despite record load factors during the week of Thanksgiving, our team delivered stellar operating results, including record-setting performance in on-time arrival rate, baggage handling, and completion factor.” [/quote]
As reported to the U.S. Department of Transportation, US Airways’ preliminary on-time performance was 88.1 percent for the month of November with a completion factor of 98.9 percent.
The following summarizes US Airways Group’s traffic results for the month and year-to-date ended November 30, 2012 and 2011, consisting of mainline-operated flights as well as US Airways Express flights operated by wholly owned subsidiaries PSA Airlines and Piedmont Airlines.
Link to the report:?http://phx.corporate-ir.net/phoenix.zhtml?c=196799&p=RssLanding&cat=news&id=1764539
[box type=”tick”]US Airways
US Airways, along with US Airways Shuttle and US Airways Express, operates more than 3,000 flights per day and serves 195 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, operates the world’s largest fleet of Airbus aircraft and is a member of the Star Alliance network, which offers its customers more than 21,900 daily flights to 1,329 airports in 194 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. Aviation Week and Overhaul & Maintenance magazine presented US Airways with the 2012 Aviation Maintenance, Repair and Overhaul (MRO) of the Year Award for demonstrating outstanding achievement and innovation in the area of technical operations. Military Times Edge magazine named US Airways as a Best of Vets employer in 2011 and 2012. US Airways was, for the third year in a row, 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. The airline also earned a 100 percent rating on the Human Rights Campaign Corporate Equality index for six consecutive years. The Corporate Equality index is a leading indicator of companies’ attitudes and policies toward lesbian, gay, bisexual and transgender employees and customers.[/box]