US Airways Group (LCC) Announces August Load Traffic and Impact from Hurricane
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US Airways Group, Inc. (NYSE: LCC) today announced August and year-to-date 2011 traffic results.
Mainline revenue passenger miles for the month were 5.6 billion, up 1.2 percent versus August 2010. Mainline capacity was 6.4 billion available seat miles, down 1.3 percent versus August 2010. Mainline passenger load factor was a record 87.4 percent for the month of August, up 2.2 points versus August 2010.
US Airways’ President Scott Kirby said, “Our August consolidated (mainline and Express) passenger revenue per available seat mile increased approximately 9 percent versus the same period last year."
As a result of Hurricane Irene, the Company cancelled approximately a quarter of its 9,100 scheduled flights from Aug. 27 through Aug. 29. The Company’s preliminary estimate is that the hurricane resulted in a reduction in operating income of approximately $8 million to $10 million.
Mainline revenue passenger miles for the month were 5.6 billion, up 1.2 percent versus August 2010. Mainline capacity was 6.4 billion available seat miles, down 1.3 percent versus August 2010. Mainline passenger load factor was a record 87.4 percent for the month of August, up 2.2 points versus August 2010.
US Airways’ President Scott Kirby said, “Our August consolidated (mainline and Express) passenger revenue per available seat mile increased approximately 9 percent versus the same period last year."
As a result of Hurricane Irene, the Company cancelled approximately a quarter of its 9,100 scheduled flights from Aug. 27 through Aug. 29. The Company’s preliminary estimate is that the hurricane resulted in a reduction in operating income of approximately $8 million to $10 million.
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