This came up on my newsfeed:
US Airways No.1 in operating profit marginadvertisement
Article tools
E-mail this article
Print-friendly version
Discuss this article
All bizjournals.com news
US Airways Group Inc. had the highest operating profit margin of the country's airlines in the second quarter, a recent report says.
The Tempe, Ariz.-based carrier's operating profit margin topped nearly 14 percent in the second quarter with $319 million in profit, according to the Bureau of Transportation Statistics, a division of the U.S. Department of Transportation.
That's higher than the average of all the network carriers, which was 9.2 percent.
US Airways' profit margin is also higher than in its second quarter last year, when the airline had a 12.6 percent profit margin.
Of the low-cost carriers, America West Airlines ranked among the lowest in profit margin, with an operating loss margin of 2.6 percent. The airline, which merged with US Airways in September 2005, operates as a separate airline under the Federal Aviation Administration. It lost $25 million in the second quarter. The airlines will report combined data later this year.
Low-cost carriers, as a whole, had an operating profit margin of about 8 percent in the second quarter.
US Airways (NYSE:LCC), which handles about 40 percent of traffic at Pittsburgh International Airport, also had the highest unit revenue for the second quarter. Its operating revenue was 19 cents per available seat mile compared with the network average of 14.8 cents per available seat mile.
The airline's total operating revenue for the second quarter was $2.3 billion. It ranks sixth of seven network carriers in operating revenue for the quarter.
At the same time, US Airways also had the highest cost per seat mile, at 16 cents. The network carriers averaged 13.4 cents per seat mile. The airline's cost per seat mile totaled nearly $2 billion, ranking it 6th out of seven network carriers in cost per seat mile.
Copyright 2007 bizjournals.com