EX-99.1 2 c15123exv99w1.htm EXHIBIT 99.1 Exhibit 99.1
Exhibit 99.1
(US AIRWAYS NEWS HEADER)
         
 
  Contact:   US Airways
 
      Dan Cravens
 
      480-693-5729
FOR IMMEDIATE RELEASE
US AIRWAYS REPORTS MARCH TRAFFIC RESULTS
TEMPE, Ariz. April 5, 2011 — US Airways Group, Inc. (NYSE: LCC) today announced March and year-to-date 2011 traffic results. Mainline revenue passenger miles (RPMs) for the month were 5.1 billion, up 3.9 percent versus March 2010. Mainline capacity was 6.1 billion available seat miles (ASMs), up 3.6 percent versus March 2010. Mainline passenger load factor was 83.4 percent, up 0.2 points versus March 2010.
US Airways’ President Scott Kirby said, “Our March consolidated (mainline and Express) passenger revenue per available seat mile (PRASM) increased approximately 9 percent versus the same month last year. For 2010 our ranking in the annual Airline Quality Rating (AQR) report improved to first among the major network airlines. I would like to thank and congratulate our 32,000 team members, who continue to deliver an outstanding customer experience.”
For the month of March, US Airways’ preliminary on-time performance as reported to the U.S. Department of Transportation (DOT) was 82.9 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 March 31, 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
MARCH
                         
    2011     2010     Change  
 
Mainline Revenue Passenger Miles (000)
                       
Domestic
    3,918,511       3,744,116       4.7 %
Atlantic
    680,881       600,148       13.5 %
Latin
    498,700       563,227       (11.5 )%
 
                   
Total Mainline Revenue Passenger Miles
    5,098,092       4,907,491       3.9 %
 
                       
Mainline Available Seat Miles (000)
                       
Domestic
    4,586,884       4,417,311       3.8 %
Atlantic
    915,239       752,806       21.6 %
Latin
    609,683       726,960       (16.1 )%
 
                   
Total Mainline Available Seat Miles
    6,111,806       5,897,077       3.6 %
 
                       
Mainline Load Factor (%)
                       
Domestic
    85.4       84.8       0.6 pts
Atlantic
    74.4       79.7       (5.3 )pts
Latin
    81.8       77.5       4.3 pts
 
                   
Total Mainline Load Factor
    83.4       83.2       0.2 pts
 
                       
Mainline Enplanements
                       
Domestic
    4,159,606       3,924,073       6.0 %
Atlantic
    164,235       147,890       11.1 %
Latin
    367,670       419,645       (12.4 )%
 
                   
Total Mainline Enplanements
    4,691,511       4,491,608       4.5 %
YEAR TO DATE
                         
    2011     2010     Change  
 
Mainline Revenue Passenger Miles (000)
                       
Domestic
    10,438,108       10,097,724       3.4 %
Atlantic
    1,740,544       1,462,419       19.0 %
Latin
    1,391,140       1,493,073       (6.8 )%
 
                   
Total Mainline Revenue Passenger Miles
    13,569,792       13,053,216       4.0 %
 
                       
Mainline Available Seat Miles (000)
                       
Domestic
    12,723,537       12,477,791       2.0 %
Atlantic
    2,559,489       2,121,517       20.6 %
Latin
    1,751,847       1,979,272       (11.5 )%
 
                   
Total Mainline Available Seat Miles
    17,034,873       16,578,580       2.8 %
 
                       
Mainline Load Factor (%)
                       
Domestic
    82.0       80.9       1.1 pts
Atlantic
    68.0       68.9       (0.9 )pts
Latin
    79.4       75.4       4.0 pts
 
                   
Total Mainline Load Factor
    79.7       78.7       1.0 pts
 
                       
Mainline Enplanements
                       
Domestic
    11,064,373       10,537,056       5.0 %
Atlantic
    425,053       361,043       17.7 %
Latin
    1,015,014       1,087,120       (6.6 )%
 
                   
Total Mainline Enplanements
    12,504,440       11,985,219       4.3 %
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)
MARCH
                         
    2011     2010     Change  
 
Express Revenue Passenger Miles (000)
                       
Domestic
    197,194       173,668       13.5 %
 
                       
Express Available Seat Miles (000)
                       
Domestic
    278,694       253,666       9.9 %
 
                       
Express Load Factor (%)
                       
Domestic
    70.8       68.5       2.3 pts
 
                       
Express Enplanements
                       
Domestic
    670,161       635,711       5.4 %
YEAR TO DATE
                         
    2011     2010     Change  
 
                       
Express Revenue Passenger Miles (000)
                       
Domestic
    523,292       456,500       14.6 %
 
                       
Express Available Seat Miles (000)
                       
Domestic
    772,498       707,747       9.1 %
 
                       
Express Load Factor (%)
                       
Domestic
    67.7       64.5       3.2 pts
 
                       
Express Enplanements
                       
Domestic
    1,791,568       1,670,614       7.2 %
Notes:
1)  
Canada is included in domestic results.

 

 


 

Consolidated US Airways Group, Inc.
MARCH
                         
    2011     2010     Change  
 
Consolidated Revenue Passenger Miles (000)
                       
Domestic
    4,115,705       3,917,784       5.1 %
Atlantic
    680,881       600,148       13.5 %
Latin
    498,700       563,227       (11.5 )%
 
                   
Total Consolidated Revenue Passenger Miles
    5,295,286       5,081,159       4.2 %
 
                       
Consolidated Available Seat Miles (000)
                       
Domestic
    4,865,578       4,670,977       4.2 %
Atlantic
    915,239       752,806       21.6 %
Latin
    609,683       726,960       (16.1 )%
 
                   
Total Consolidated Available Seat Miles
    6,390,500       6,150,743       3.9 %
 
                       
Consolidated Load Factor (%)
                       
Domestic
    84.6       83.9       0.7 pts
Atlantic
    74.4       79.7       (5.3 )pts
Latin
    81.8       77.5       4.3 pts
 
                   
Total Consolidated Load Factor
    82.9       82.6       0.3 pts
 
                       
Consolidated Enplanements
                       
Domestic
    4,829,767       4,559,784       5.9 %
Atlantic
    164,235       147,890       11.1 %
Latin
    367,670       419,645       (12.4 )%
 
                   
Total Consolidated Enplanements
    5,361,672       5,127,319       4.6 %
YEAR TO DATE
                         
    2011     2010     Change  
 
Consolidated Revenue Passenger Miles (000)
                       
Domestic
    10,961,400       10,554,224       3.9 %
Atlantic
    1,740,544       1,462,419       19.0 %
Latin
    1,391,140       1,493,073       (6.8 )%
 
                   
Total Consolidated Revenue Passenger Miles
    14,093,084       13,509,716       4.3 %
 
                       
Consolidated Available Seat Miles (000)
                       
Domestic
    13,496,035       13,185,538       2.4 %
Atlantic
    2,559,489       2,121,517       20.6 %
Latin
    1,751,847       1,979,272       (11.5 )%
 
                   
Total Consolidated Available Seat Miles
    17,807,371       17,286,327       3.0 %
 
                       
Consolidated Load Factor (%)
                       
Domestic
    81.2       80.0       1.2 pts
Atlantic
    68.0       68.9       (0.9 )pts
Latin
    79.4       75.4       4.0 pts
 
                   
Total Consolidated Load Factor
    79.1       78.2       0.9 pts
 
                       
Consolidated Enplanements
                       
Domestic
    12,855,941       12,207,670       5.3 %
Atlantic
    425,053       361,043       17.7 %
Latin
    1,015,014       1,087,120       (6.6 )%
 
                   
Total Consolidated Enplanements
    14,296,008       13,655,833       4.7 %
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 3,200 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 32,000 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; 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; our reliance on third-party regional operators or third-party service providers; our reliance on and costs of third-party distribution channels, including those provided by global distribution systems 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 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; 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. 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-K for the fiscal year ended December 31, 2010 and in the Company’s other filings with the SEC, which are available at www.usairways.com.
-LCC-