Send to a Friend Share

US Airways (LCC) Load Factor Up 0.5 Points in January

February 3, 2012 7:01 AM EST
LCC Hot Sheet
Overall Analyst Rating:
    BUY (Up Up)

EPS Growth %: +80.9%
US Airways Group, Inc. (NYSE: LCC) today announced January 2012 traffic results. Mainline revenue passenger miles (RPMs) for the month were 4.6 billion, up 3.8 percent versus January 2011. Mainline capacity was 5.9 billion available seat miles (ASMs), up 3.1 percent versus January 2011. Mainline passenger load factor was a record 78.8 percent for the month of January, up 0.5 points versus January 2011.

US Airways' President Scott Kirby said, "Our January consolidated (mainline and Express) passenger revenue per available seat mile (PRASM) increased approximately 10 percent versus the same period last year. I would like to thank our team of 32,000 employees for continuing to run an outstanding operation. Despite a record load factor and runway construction at our hub in Phoenix for most of the month, our team delivered its best January operational performance in the history of our Company."

For the month of January, US Airways' preliminary on-time performance as reported to the U.S. Department of Transportation was 85.0 percent with a completion factor of 99.2 percent.

The following summarizes US Airways Group's traffic results for the month ended January 31, 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.


Get immediate access to market moving news and alerts with StreetInsider.com Premium - FREE TRIAL!

You May Also Be Interested In


Related Categories

Corporate News

Add Your Comment





Follow StreetInsider.com On Twitter