EX-99 3 exhibit99.htm

Exhibit 99

                              US AIRWAYS REPORTS JANUARY TRAFFIC

     ARLINGTON, Va., Feb. 3, 2004 -- US Airways reported its January 2004 passenger traffic today.

     Mainline revenue passenger miles for January 2004 increased 8.2 percent on a 4.5 percent increase in available seat miles compared to January 2003. The passenger load factor was 64.4 percent, a 2.2 percentage point increase compared to January 2003.

     The three wholly owned subsidiaries of US Airways Group, Inc. -- Allegheny Airlines, Inc., Piedmont Airlines, Inc., and PSA, Inc. -- reported an 8.2 percent decrease in revenue passenger miles for the month of January 2004 on 10.3 percent less capacity compared to the same period in 2003. The passenger load factor was 44.4 percent, a 1.0 percentage point increase compared to January 2003.

     Mainline system passenger unit revenue for January 2004 is expected to increase between 1.0 percent and 2.0 percent compared to January 2003.

     US Airways ended the month by completing 98.5 percent of its scheduled flights. Operational performance in January 2004, like the previous month, was affected in part by harsh winter weather conditions.

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 (particularly the financial covenants); 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 and the Iraqi occupation; other acts of war or terrorism; ongoing 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

January
2004

January
2003

Percent
Change

Revenue Passenger Miles (000):

Domestic*

2,091,772

     1,989,320

          5.2

International*

   706,360

        597,355

        18.2

Total - Scheduled Service

2,798,132

     2,586,675

          8.2

Total (Including Charter)

2,798,753

     2,586,794

          8.2

Available Seat Miles (000):

Domestic*

3,329,965

     3,267,205

          1.9

International*

1,015,145

        891,710

        13.8

Total - Scheduled Service

4,345,110

     4,158,915

          4.5

Total (Including Charter)

4,346,487

     4,159,228

          4.5

Passengers Boarded*

2,972,894

     2,904,372

          2.4

System Load Factor*

       64.4

           62.2

          2.2

Average Passenger Journey*


941.2


     890.6


          5.7

US AIRWAYS EXPRESS**

January
2004

January
2003

Percent
Change

Revenue Passenger Miles (000)

83,356

90,801

(8.2)

Available Seat Miles (000)

    187,694

         209,332

(10.3)

Passengers Boarded*

    376,787

         411,184

(8.4)

System Load Factor*

       44.4

             43.4

1.0

Average Passenger Journey


      221.2


           220.8


0.2


* 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: 4686