Thursday, March 3, 2011

US Airways Reports February Traffic Results


Press Release Source: US Airways On Thursday March 3, 2011, 8:00 am

TEMPE, Ariz.--(BUSINESS WIRE)-- US Airways Group, Inc. (NYSE:LCC - News) today announced February and year-to-date 2011 traffic results. Mainline revenue passenger miles (RPMs) for the month were 4.0 billion, up 4.1 percent versus February 2010. Mainline capacity was 5.2 billion available seat miles (ASMs), up 5.3 percent versus February 2010. Mainline passenger load factor was 76.8 percent, down 0.8 points versus February 2010.

US Airways’ President Scott Kirby said, “Our February consolidated (mainline and Express) passenger revenue per available seat mile (PRASM) increased approximately 10 percent versus the same month last year while total revenue per available seat mile increased approximately 9 percent on a year-over-year basis. The demand environment during February was exceptionally strong and we believe the run rate PRASM increase US Airways experienced through the end of the month will be sufficient to fully offset the increase in fuel prices reflected in the forward fuel curve as of February 28."