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Monday, February 5, 2007

USAirways Reports Express Contribution

USAirways Express, including USAirways (LCC) wholly owned subsidiaries, Piedmont Airlines and PSA Airlines, US Airways' MidAtlantic regional jet division, through May 27, 2006, as well as operating and financial results from capacity purchase agreements with Mesa Airlines (MESA), Chautauqua Airlines, Air Wisconsin Airlines and Republic Airlines (RJET), contributed $650 million in operating revenues in the fourth quarter, up 11.3 percent and $2.744 billion in 2006 compared to the $976 million earned in the year-ago period. Express partners flew 2.5 million Revenue Passenger Miles (RPMs), up 1.8 percent in the quarter and 10.6 billion for the year. Available Seat Miles (ASMs) dropped, however, by 3 percent to 3.694 billion. ASMs for the year totaled 14.011 billion. Load factor rose 3.3 points to 69.3 percent in the quarter and was 71.3 percent for the year. Revenue Per Available Seat Mile (RASM) jumped 14.8 percent to 17.60 cents and was 18.40 for the year. Cost per Available Seat Mile (CASM) dropped one percent to 17.05 cents and was 17.17 for the year. Express operators carried 6.256 million passengers.

 

America West Airlines, Inc.
Consolidated Statements of Operations
(in millions)
(unaudited)
  3 Months Ended   12 Months Ended  

Dec. 31, 2006 Dec. 31, 2005 Percent Change Dec. 31, 2006 Dec. 31, 2005 Percent C hange
Operating revenues
Express            
passenger
158
145
9
660
512
28.9
Operating expenses
Express expenses:            
Fuel
47
53
-11.3
210
182
15.4
Other
100
97
3.1
401
363
10.5
  3 Months Ended  

Dec. 31, 2006 Dec. 31, 2005 Percent Change
Express
Revenue passenger miles (in millions)
842
807
4.30%
Available seat miles (in millions)
1,133
1,122
1.00%
Passenger load factor (percent)
74.3
71.9
2.4 pts
Passenger revenue per ASM (cents)
13.97
12.88
8.50%
Passenger enplanements (in thousands)
1,672
1,400
19.40%
Operating cost per ASM (cents)
12.97
13.43
-3.40%
  12 Months Ended  

Dec. 31, 2006 Dec. 31, 2005 Percent Change
Express      
Revenue passenger miles (in millions)
3,559
3,300
7.80%
Available seat miles (in millions)
4,714
4,589
2.70%
Passenger load factor (percent)
75.5
71.9
3.6 pts
Passenger revenue per ASM (cents)
14.01
11.16
25.50%
Passenger enplanements (in thousands)
6,870
5,600
22.70%
Operating cost per ASM (cents)
12.97
11.9
9.00%

 

US Airways, Inc.
Statements of Operations
(in millions)
 (unaudited)
  Successor Company Predecessor Company

3 Months Ended Dec. 31, 2006 3 Months Ended Dec. 31, 2005 Percent Change 12 Months Ended Dec. 31, 2005 3 Months Ended Dec. 31, 2005 9 Months Ended Sept. 30, 2005
Operating revenues Express passenger
491
442
11.1
2,084
442
1,178

 

US Airways, Inc.
Operating Statistics
  3 Months Ended  
  Dec. 31, 2006 Dec. 31,2005 Percent Change
Express      
Revenue passenger miles (in millions)
1,717
1,707
0.6%
Available seat miles (in millions)
2,561
2,687
-4.7%
Passenger load factor (percent)
67.0
63.5
3.5 pts
Passenger revenue per ASM (cents)
19.18
16.45
16.6%
Passenger enplanements (in thousands)
4,587
4,448
3.1%
Operating cost per ASM (cents)
19.66
18.24
7.8%
  12 Months Ended  
  Dec. 31,2006 Dec. 31,2005 Percent Change
Express      
Revenue passenger miles (in millions)
7,076
6,640
6.6%
Available seat miles (in millions)
10,197
10,369
-1.7%
Passenger load factor (percent)
69.4
64.0
5.4 pts
Passenger revenue per ASM (cents)
20.44
15.62
30.8%
Passenger enplanements (in thousands)
18,966
17,520
8.3
Operating cost per ASM (cents)
20.20
17.96
12.5%
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