EX-99 3 exhibit99.htm

Exhibit 99

 

                              US AIRWAYS REPORTS NOVEMBER TRAFFIC

     ARLINGTON, Va., Dec. 4, 2003 -- US Airways reported its November 2003 passenger traffic today.

     Mainline revenue passenger miles for November 2003 increased 8.3 percent on a 1.6 percent drop in available seat miles compared to November 2002. The passenger load factor was 72.6 percent, a 6.7 percentage point increase compared to November 2002.

     Year-to-date 2003 revenue passenger miles decreased 6.5 percent on 9.6 percent less capacity compared to January through November 2002. The passenger load factor for the period was 73.3 percent, a 2.4 percentage point increase compared to the first 11 months of 2002.

     The three wholly owned subsidiaries of US Airways Group, Inc. -- Allegheny Airlines, Inc., Piedmont Airlines, Inc., and PSA, Inc. -- reported a 10.4 percent decrease in revenue passenger miles for the month of November on 15.1 percent less capacity compared to the same period in 2002. The passenger load factor was 57.1 percent, a 3.0 percentage point increase compared to November 2002.

     Year-to-date 2003, the three wholly owned US Airways Express carriers reported a 15.4 percent decrease in revenue passenger miles on 15.5 percent less capacity compared to January through November 2002. The passenger load factor was 53.1 percent, a 0.1 percentage point increase compared to the first 11 months of 2002.

     "The demand for air travel in November was very strong, especially over the Thanksgiving holiday, when we ran a near-perfect operation," said US Airways Senior Vice President of Marketing and Planning B. Ben Baldanza. "Although we are somewhat encouraged by these results, we must stay focused on finding ways to further reduce unit costs as this volume of traffic is driven primarily through low fares."

     System mainline passenger unit revenue for November 2003 is expected to increase between 8 percent and 9 percent compared to November 2002.

     US Airways ended the month by completing 99.2 percent of its scheduled flights.

Certain of the information contained herein should be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the company's current views with respect to current events and financial performance. Such forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to the company's operations and business environment which may cause the actual results of the company to be materially different from any future results, express or implied, by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, the following: the ability of the company to operate pursuant to the terms of its financing facilities; the ability of the company to obtain and maintain normal terms with vendors and service providers; the company's ability to maintain contracts that are critical to its operations; the ability of the company to fund and execute its business plan; the ability of the company to attract, motivate and/or retain key executives and associates; the ability of the company to attract and retain customers; the ability of the company to maintain satisfactory labor relations; demand for transportation in the markets in which the company operates; economic conditions; labor costs; financing availability and costs; aviation fuel costs; security-related and insurance costs; competitive pressures on pricing (particularly from lower-cost competitors) and on demand (particularly from low-cost carriers and multi-carrier alliances); weather conditions; government legislation and regulation; impact of the Iraqi war; other acts of war or terrorism; market acceptance of the company's new common stock; and other risks and uncertainties listed from time to time in the company's reports to the United States 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 update such estimates to reflect actual results, changes in assumptions or changes in other factors affecting such estimates other than as required by law.

 

 

 

 

 

 

 

 

 

 

 

 

                  US AIRWAYS, INC.

SELECTED TRAFFIC STATISTICS

November
2003

November
2002

Percent
Change

Revenue Passenger Miles (000):

Domestic*

2,312,422

2,160,633

7.0

International*

712,269

631,479

12.8

Total - Scheduled Service

3,024,692

2,792,111

8.3

Total (Including Charter)

3,025,913

2,793,648

8.3

Available Seat Miles (000):

Domestic*

3,241,690

3,336,742

(2.8)

International*

925,908

900,515

2.8

Total - Scheduled Service

4,167,598

4,237,257

(1.6)

Total (Including Charter)

4,169,456

4,239,279

(1.6)

Passengers Boarded*

3,398,076

3,313,370

2.6

System Load Factor*

          72.6

          65.9

     6.7

Average Passenger Journey*

890.1

842.7

5.6

* scheduled service

NOTE: Numbers may not add or calculate due to rounding

 

 

 

 

 

          US AIRWAYS, INC.

YEAR-TO-DATE 2003

Jan.-Nov.
2003

Jan.-Nov.
2002

Percent
Change

Revenue Passenger Miles (000):

Domestic*

26,056,271

29,371,245

(11.3)

International*

8,559,323

7,664,450

11.7

Total - Scheduled Service

34,615,594

37,035,695

(6.5)

Total (Including Charter)

34,670,414

37,044,879

(6.4)

Available Seat Miles (000):

Domestic*

36,207,367

42,444,712

(14.7)

International*

10,998,632

9,766,990

12.6

Total - Scheduled Service

47,205,999

52,211,702

(9.6)

Total (Including Charter)

47,294,129

52,223,666

(9.4)

Passengers Boarded*

37,799,692

43,623,337

(13.3)

System Load Factor*

73.3

70.9

  2.4

Average Passenger Journey*

915.8

849.0

7.9

* scheduled service

NOTE: Numbers may not add or calculate due to rounding

 

 

 

 

 

          US AIRWAYS EXPRESS**

SELECTED TRAFFIC STATISTICS

November
2003

November
2002

Percent
Change

Revenue Passenger Miles (000)

109,737

122,474

(10.4)

Available Seat Miles (000)

192,027

226,125

(15.1)

Passengers Boarded*

490,026

548,241

(10.6)

System Load Factor*

57.1

54.2

3.0

Average Passenger Journey

223.9

223.4

0.2

          US AIRWAYS EXPRESS**

YEAR-TO-DATE 2003

Jan.-Nov.
2003

Jan.-Nov.
2002

Percent
Change

Revenue Passenger Miles (000)

1,189,992

1,406,856

(15.4)

Available Seat Miles (000)

2,239,743

2,651,310

(15.5)

Passengers Boarded*

5,392,988

6,297,604

(14.4)

System Load Factor*

53.1

53.1

0.1

Average Passenger Journey

220.7

223.4

(1.2)

*scheduled service
** Allegheny Airlines, Inc., Piedmont Airlines, Inc., and PSA Airlines, Inc.

NOTE: Numbers may not add or calculate due to rounding

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NUMBER: 4651