Friday September 3, 4:52 pm ET
ARLINGTON, Va., Sept. 3 /PRNewswire-FirstCall/ -- US Airways reported its August 2004 passenger traffic today.
Mainline revenue passenger miles for August 2004 increased 0.8 percent on a 2.9 percent increase in available seat miles compared to August 2003. The passenger load factor was 79.1 percent, which is a 1.6 percentage point decrease compared to August 2003.
For the first eight months of 2004, mainline revenue passenger miles increased 7.4 percent on a 4.6 percent increase in available seat miles compared to the same period in 2003. The passenger load factor for January through August 2004 was 76.3 percent, a 2.0 percentage point increase compared to the same period in 2003.
The two wholly owned subsidiaries of US Airways Group, Inc. -- Piedmont Airlines, Inc. and PSA, Inc. -- along with MidAtlantic Airways, reported a 79.0 percent increase in revenue passenger miles for August 2004, on 50.5 percent more capacity compared to August 2003. The passenger load factor was 64.2 percent, a 10.2 percentage point increase compared to August 2003.
For January through August 2004, revenue passenger miles for the two wholly owned US Airways Express carriers and MidAtlantic increased 36.9 percent on an 18.3 percent increase in available seat miles compared to the first eight months of 2003. The passenger load factor for January through August 2004 was 60.9 percent, an 8.3 percentage point increase compared to the same period in 2003.
Mainline system passenger unit revenue for August 2004 is expected to decrease between 4.5 percent and 5.5 percent compared to August 2003.
Customer reaction to US Airways' new low GoFares, which were introduced in Philadelphia in May and in the Washington area in mid-June, continues to be positive, resulting in an 83.6 percent mainline August load factor in GoFares markets, compared to a 78.2 percent load factor in non-GoFares markets.
US Airways ended the month of August by completing 97.9 percent of its scheduled departures. Continued heavy rain and thunderstorm activity in the East during the month of August affected the company's departure performance. There was no change in the mileage completion factor compared to August 2003.
ARLINGTON, Va., Sept. 3 /PRNewswire-FirstCall/ -- US Airways reported its August 2004 passenger traffic today.
Mainline revenue passenger miles for August 2004 increased 0.8 percent on a 2.9 percent increase in available seat miles compared to August 2003. The passenger load factor was 79.1 percent, which is a 1.6 percentage point decrease compared to August 2003.
For the first eight months of 2004, mainline revenue passenger miles increased 7.4 percent on a 4.6 percent increase in available seat miles compared to the same period in 2003. The passenger load factor for January through August 2004 was 76.3 percent, a 2.0 percentage point increase compared to the same period in 2003.
The two wholly owned subsidiaries of US Airways Group, Inc. -- Piedmont Airlines, Inc. and PSA, Inc. -- along with MidAtlantic Airways, reported a 79.0 percent increase in revenue passenger miles for August 2004, on 50.5 percent more capacity compared to August 2003. The passenger load factor was 64.2 percent, a 10.2 percentage point increase compared to August 2003.
For January through August 2004, revenue passenger miles for the two wholly owned US Airways Express carriers and MidAtlantic increased 36.9 percent on an 18.3 percent increase in available seat miles compared to the first eight months of 2003. The passenger load factor for January through August 2004 was 60.9 percent, an 8.3 percentage point increase compared to the same period in 2003.
Mainline system passenger unit revenue for August 2004 is expected to decrease between 4.5 percent and 5.5 percent compared to August 2003.
Customer reaction to US Airways' new low GoFares, which were introduced in Philadelphia in May and in the Washington area in mid-June, continues to be positive, resulting in an 83.6 percent mainline August load factor in GoFares markets, compared to a 78.2 percent load factor in non-GoFares markets.
US Airways ended the month of August by completing 97.9 percent of its scheduled departures. Continued heavy rain and thunderstorm activity in the East during the month of August affected the company's departure performance. There was no change in the mileage completion factor compared to August 2003.
