The FINANCIAL — US Airways Group, Inc. (NYSE: LCC) on July 6 announced June, second quarter and year-to-date 2009 traffic results. Mainline revenue passenger miles (RPMs) for the month were 5.4 billion, down 4.1 percent versus June 2008.
Capacity was 6.3 billion available seat miles (ASMs), down 6.1 percent versus June 2008. Passenger load factor for the month of June was a record 86.8 percent, up 1.8 points versus June 2008.
US Airways President Scott Kirby said, "Our June consolidated (mainline and Express) passenger revenue per available seat mile (PRASM) was down approximately 20 percent versus the same period last year while total revenue per available seat mile only decreased approximately 18 percent on a year-over-year basis. These declines in unit revenues are driven by weaker demand for business travel and lower leisure yields as a result of the global economic recession.”
For the month of June, US Airways’ preliminary on-time performance as reported to the U.S. Department of Transportation (DOT) was 78.0 percent with a completion factor of 98.9 percent.
The following summarizes US Airways Group’s traffic results for the month, quarter and year-to-date consisting of mainline operated flights as well as US Airways Express flights operated by wholly owned subsidiaries PSA Airlines and Piedmont Airlines.
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