US Airways Group (LCC) Reports July Traffic Results

US Airways Group, Inc. (NYSE: LCC) announced July and year-to-date 2009 traffic results. Mainline revenue passenger miles (RPMs) for the month were 5.7 billion, down 4.3% versus July 2008. Capacity was 6.5 billion available seat miles (ASMs), down 5.7% versus July 2008. Passenger load factor for the month of July was a record 86.4%, up 1.3 points versus July 2008.

US Airways President Scott Kirby said, "Our July consolidated (mainline and Express) passenger revenue per available seat mile (PRASM) decreased approximately 15% versus the same period last year while total revenue per available seat mile decreased approximately 12% on a year-over-year basis. We finished July with strong close-in bookings and remain cautiously optimistic about the demand environment as we enter the fall season."

For the month of July, US Airways' preliminary on-time performance as reported to the U.S. Department of Transportation (DOT) was 80.6% with a completion factor of 98.9%. [SM]

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