Us Airways Reports March Traffic

ISP

Senior
Apr 3, 2003
321
1
http://www.usair.com/about/press/nw_05_0405.htm

US AIRWAYS REPORTS MARCH TRAFFIC
ARLINGTON, Va., April 5, 2005 -- US Airways reported its March 2005 passenger traffic today.

Mainline revenue passenger miles for March 2005 increased 9.6 percent on a 5.2 percent increase in available seat miles, compared to March 2004. The 80.7 percent passenger load factor is a 3.2 percentage point increase compared to March 2004, and the highest for any March in the history of the company.

Revenue passenger miles for US Airways mainline during the first three months of 2005 increased 5.8 percent on a 1.5 percent increase in available seat miles, compared to the same period in 2004. The passenger load factor for January through March 2005 was 73.2 percent, a 2.9 percentage point increase compared to the same period in 2004.

The two wholly owned subsidiaries of US Airways Group, Inc., Piedmont Airlines, Inc. and PSA, Inc., and MidAtlantic Airways, reported a 165.7 percent increase in revenue passenger miles for March 2005, on 127.4 percent more capacity, compared to March 2004. The passenger load factor was 66.4 percent, a 9.6 percentage point increase compared to March 2004.

For the first quarter of 2005, the two wholly owned subsidiaries of US Airways Group, Inc., Piedmont Airlines, Inc. and PSA, Inc., as well as MidAtlantic Airways, reported a 142.7 percent increase in revenue passenger miles for January through March 2005, on 110.7 percent more capacity, compared to the same period in 2004. The passenger load factor was 58.9 percent, a 7.8 percentage point increase compared to the first quarter of 2004.

US Airways ended the month of March 2005 completing 97.9 percent of its scheduled departures compared to 99.2 percent in March 2004.
 
Question: How come International ASM/RPM have consistently been down year over year for the past few reporting periods? I thought that is where much of the growth has occured.
 
Maybe it's me, but I read it that RPM's are up Y over Y for international. ASM's were down Y over Y for March but by only 6.1 million ASM's - that's the equivalent of 3 or 4 round-trips for an A330. Could be the cancellations caused by the deicing boom falling on the plane in PHL.

Jim
 
I think the international ASMs are down due to the cancellation of PIT-FRA, partially offset by the increased Caribbean/Latin America flying.

On another note, a 5.2% increase in total ASMs is not bad. Not the 10% increase they were talking about, of course, but still pretty decent, especially considering the rise in cancellations. The increase in RPMs also looks very promising at first glance, though you can't read too much into that since the company no longer provides monthly RASM or yield guidance.
 
700UW said:
Increase load factors, does not mean a increase in profit.
[post="262230"][/post]​


80 plus percent load factor and we cannot make money in spite of the massive cuts in employees and employee wages and benefits.

I'm sure oil is a factor but........................

With load factors like that one can't help but wonder when the supply and demand basics kick in. They say the cannot raise fares but demand seems to be increasing without the corresponding increase in fares. Why do you think Ipods cost so much? And how much do you think they would cost if people stopped buying them? The LCC's only have so many seats. The legacy's control the rest.

Pricing is now front and center and the inability of this managment to understand or attempt to understand how to price the product to cover the costs associated with running the airline is the problem.

mr
 
[The LCC's only have so many seats.


Check out how many purchased planes WN has being delivered this year. Add to that Frontier, JetBlue, Airtran, ATA
 
mrman said:
[The LCC's only have so many seats.
Check out how many purchased planes WN has being delivered this year. Add to that Frontier, JetBlue, Airtran, ATA
[post="262244"][/post]​


still its how many seats within the same market that will be served
 
a320av8r said:
It is, but on this board somebody will turn it into bad news.
[post="262229"][/post]​

That's because it sure as hell isn't good news for USAir. You're losing money on every passenger. But that's OK, 'cause you're making it up in volume. B)