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Exhibit 99.1

 

LOGO

 

  Contact: US Airways
       Dan Cravens
       480-693-5729

FOR IMMEDIATE RELEASE

US AIRWAYS REPORTS RECORD OCTOBER LOAD FACTOR

TEMPE, Ariz., Nov. 5, 2012 — US Airways Group, Inc. (NYSE: LCC) today announced October and year-to-date 2012 traffic results. Mainline revenue passenger miles (RPMs) for the month were 5.1 billion, up three percent versus October 2011. Mainline capacity was 5.9 billion available seat miles (ASMs), flat versus October 2011. Mainline passenger load factor was a record 86.2 percent for the month of October, up 2.5 points versus October 2011.

“Our October consolidated (mainline and Express) passenger revenue per available seat mile (PRASM) was up approximately three percent versus the same period last year,” said US Airways’ President, Scott Kirby. “I would like to commend our team of 32,000 employees for doing an exceptional job of keeping our customers, each other and our aircraft safe during Hurricane Sandy and working tirelessly to get the airline back up and running in the wake of the storm. On October 29 and 30, flight operations were halted at our Philadelphia hub, Washington D.C., Boston, New York City and other East Coast airports, resulting in nearly 4,200 total flight cancellations. Our team was well prepared, returning service within days of reopening the airports.”

These hurricane-related cancellations drove an October completion factor of 95.8 percent. As reported to the U.S. Department of Transportation, US Airways’ preliminary on-time performance was 83.2 percent for the month of October. The Company expects to provide an estimate of the financial impact of Hurricane Sandy in its November traffic release.

The following summarizes US Airways Group’s traffic results for the month and year-to-date ended October 31, 2012 and 2011, consisting of mainline-operated flights as well as US Airways Express flights operated by wholly owned subsidiaries PSA Airlines and Piedmont Airlines.


US Airways Mainline

OCTOBER

 

     2012      2011      Change  

Mainline Revenue Passenger Miles (000)

        

Domestic

     3,856,978         3,668,707         5.1

Atlantic

     915,366         948,306         (3.5 )% 

Latin

     283,867         294,303         (3.5 )% 
  

 

 

    

 

 

    

Total Mainline Revenue Passenger Miles

     5,056,211         4,911,316         3.0

Mainline Available Seat Miles (000)

        

Domestic

     4,377,582         4,328,155         1.1

Atlantic

     1,142,950         1,170,632         (2.4 )% 

Latin

     346,160         367,372         (5.8 )% 
  

 

 

    

 

 

    

Total Mainline Available Seat Miles

     5,866,692         5,866,159         —  

Mainline Load Factor (%)

        

Domestic

     88.1         84.8         3.3 pts 

Atlantic

     80.1         81.0         (0.9 )pts 

Latin

     82.0         80.1         1.9 pts 
  

 

 

    

 

 

    

Total Mainline Load Factor

     86.2         83.7         2.5 pts 

Mainline Enplanements

        

Domestic

     4,035,298         3,948,970         2.2

Atlantic

     221,538         235,343         (5.9 )% 

Latin

     206,612         218,391         (5.4 )% 
  

 

 

    

 

 

    

Total Mainline Enplanements

     4,463,448         4,402,704         1.4

YEAR TO DATE

 

     2012      2011      Change  

Mainline Revenue Passenger Miles (000)

        

Domestic

     38,898,624         37,642,202         3.3

Atlantic

     9,491,989         9,443,592         0.5

Latin

     4,229,628         4,126,062         2.5
  

 

 

    

 

 

    

Total Mainline Revenue Passenger Miles

     52,620,241         51,211,856         2.8

Mainline Available Seat Miles (000)

        

Domestic

     45,470,186         44,357,810         2.5

Atlantic

     11,969,304         11,654,895         2.7

Latin

     5,092,259         5,037,818         1.1
  

 

 

    

 

 

    

Total Mainline Available Seat Miles

     62,531,749         61,050,523         2.4

Mainline Load Factor (%)

        

Domestic

     85.5         84.9         0.6 pts 

Atlantic

     79.3         81.0         (1.7 )pts 

Latin

     83.1         81.9         1.2 pts 
  

 

 

    

 

 

    

Total Mainline Load Factor

     84.1         83.9         0.2 pts 

Mainline Enplanements

        

Domestic

     39,936,330         38,826,179         2.9

Atlantic

     2,331,564         2,331,680         —  

Latin

     3,122,848         3,067,559         1.8
  

 

 

    

 

 

    

Total Mainline Enplanements

     45,390,742         44,225,418         2.6

Notes:

1) Canada, Puerto Rico and U.S. Virgin Islands are included in the domestic results.
2) Latin numbers include the Caribbean.


US Airways Express (Piedmont Airlines, PSA Airlines)

OCTOBER

 

     2012      2011      Change  

Express Revenue Passenger Miles (000)

        

Domestic

     215,664         202,182         6.7

Express Available Seat Miles (000)

        

Domestic

     275,969         265,474         4.0

Express Load Factor (%)

        

Domestic

     78.1         76.2         1.9 pts 

Express Enplanements

        

Domestic

     720,067         697,289         3.3

YEAR TO DATE

 

     2012      2011      Change  

Express Revenue Passenger Miles (000)

        

Domestic

     2,018,695         1,927,875         4.7

Express Available Seat Miles (000)

        

Domestic

     2,743,902         2,643,781         3.8

Express Load Factor (%)

        

Domestic

     73.6         72.9         0.7 pts 

Express Enplanements

        

Domestic

     6,839,765         6,607,040         3.5

Notes:

1) Canada is included in domestic results.


Consolidated US Airways Group, Inc.

OCTOBER

 

     2012      2011      Change  

Consolidated Revenue Passenger Miles (000)

        

Domestic

     4,072,642         3,870,889         5.2

Atlantic

     915,366         948,306         (3.5 )% 

Latin

     283,867         294,303         (3.5 )% 
  

 

 

    

 

 

    

Total Consolidated Revenue Passenger Miles

     5,271,875         5,113,498         3.1

Consolidated Available Seat Miles (000)

        

Domestic

     4,653,551         4,593,629         1.3

Atlantic

     1,142,950         1,170,632         (2.4 )% 

Latin

     346,160         367,372         (5.8 )% 
  

 

 

    

 

 

    

Total Consolidated Available Seat Miles

     6,142,661         6,131,633         0.2

Consolidated Load Factor (%)

        

Domestic

     87.5         84.3         3.2 pts 

Atlantic

     80.1         81.0         (0.9 )pts 

Latin

     82.0         80.1         1.9 pts 
  

 

 

    

 

 

    

Total Consolidated Load Factor

     85.8         83.4         2.4 pts 

Consolidated Enplanements

        

Domestic

     4,755,365         4,646,259         2.3

Atlantic

     221,538         235,343         (5.9 )% 

Latin

     206,612         218,391         (5.4 )% 
  

 

 

    

 

 

    

Total Consolidated Enplanements

     5,183,515         5,099,993         1.6

YEAR TO DATE

 

     2012      2011      Change  

Consolidated Revenue Passenger Miles (000)

        

Domestic

     40,917,319         39,570,077         3.4

Atlantic

     9,491,989         9,443,592         0.5

Latin

     4,229,628         4,126,062         2.5
  

 

 

    

 

 

    

Total Consolidated Revenue Passenger Miles

     54,638,936         53,139,731         2.8

Consolidated Available Seat Miles (000)

        

Domestic

     48,214,088         47,001,591         2.6

Atlantic

     11,969,304         11,654,895         2.7

Latin

     5,092,259         5,037,818         1.1
  

 

 

    

 

 

    

Total Consolidated Available Seat Miles

     65,275,651         63,694,304         2.5

Consolidated Load Factor (%)

        

Domestic

     84.9         84.2         0.7 pts 

Atlantic

     79.3         81.0         (1.7 )pts 

Latin

     83.1         81.9         1.2 pts 
  

 

 

    

 

 

    

Total Consolidated Load Factor

     83.7         83.4         0.3 pts 

Consolidated Enplanements

        

Domestic

     46,776,095         45,433,219         3.0

Atlantic

     2,331,564         2,331,680         —  

Latin

     3,122,848         3,067,559         1.8
  

 

 

    

 

 

    

Total Consolidated Enplanements

     52,230,507         50,832,458         2.8

Notes:

1) Canada, Puerto Rico and U.S. Virgin Islands are included in the domestic results.
2) Latin numbers include the Caribbean.


US Airways

US Airways, along with US Airways Shuttle and US Airways Express, operates more than 3,000 flights per day and serves 195 communities in the U.S., Canada, Mexico, Europe, the Middle East, the Caribbean, Central and South America. The airline employs more than 32,000 aviation professionals worldwide, operates the world’s largest fleet of Airbus aircraft and is a member of the Star Alliance network, which offers its customers more than 21,500 daily flights to 1,356 airports in 193 countries. Together with its US Airways Express partners, the airline serves approximately 80 million passengers each year and operates hubs in Charlotte, N.C., Philadelphia and Phoenix, and a focus city in Washington, D.C. at Ronald Reagan Washington National Airport. Aviation Week and Overhaul & Maintenance magazine presented US Airways with the 2012 Aviation Maintenance, Repair and Overhaul (MRO) of the Year Award for demonstrating outstanding achievement and innovation in the area of technical operations. Military Times Edge magazine named US Airways as a Best of Vets employer in 2011 and 2012. US Airways was, for the third year in a row, the only airline included as one of the 50 best companies to work for in the U.S. by LATINA Style magazine’s 50 Report. The airline also earned a 100 percent rating on the Human Rights Campaign Corporate Equality index for six consecutive years. The Corporate Equality index is a leading indicator of companies’ attitudes and policies toward lesbian, gay, bisexual and transgender employees and customers. For more company information visit usairways.com, follow on Twitter @USAirways or at Facebook.com/USAirways. (LCCT)

Forward Looking Statements

Certain of the statements contained or referred to herein are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate,” “plan,” “project,” “could,” “should,” “would,” “continue” and similar terms used in connection with statements regarding, among others, the outlook, expected fuel costs, revenue and pricing environment, and expected financial performance and liquidity position of the Company. Such statements include, but are not limited to, statements about future financial and operating results, the Company’s plans, objectives, expectations and intentions, and other statements that are not historical facts. These statements are based upon the current beliefs and expectations of the Company’s management and are subject to significant risks and uncertainties that could cause the Company’s actual results and financial position to differ materially from these statements. Such risks and uncertainties include, but are not limited to, the following: the impact of significant operating losses in the future; downturns in economic conditions and their impact on passenger demand, booking practices and related revenues; the impact of the price and availability of fuel and significant disruptions in the supply of aircraft fuel; competitive practices in the industry, including the impact of industry consolidation; increased costs of financing, a reduction in the availability of financing and fluctuations in interest rates; the Company’s high level of fixed obligations and ability to fund general


corporate requirements, obtain additional financing and respond to competitive developments; any failure to comply with the liquidity covenants contained in financing arrangements; provisions in credit card processing and other commercial agreements that may affect the Company’s liquidity; the impact of union disputes, employee strikes and other labor-related disruptions; the inability to maintain labor costs at competitive levels; interruptions or disruptions in service at one or more of the Company’s hub airports or focus city; regulatory changes affecting the allocation of slots; the Company’s reliance on third-party regional operators or third-party service providers; the Company’s reliance on and costs, rights and functionality of third-party distribution channels, including those provided by global distribution systems, conventional travel agents and online travel agents; changes in government regulation; the impact of changes to the Company’s business model the loss of key personnel or inability to attract and retain qualified personnel; the impact of conflicts overseas or terrorist attacks, and the impact of ongoing security concerns; the Company’s ability to operate and grow its route network; the impact of environmental regulation; the Company’s reliance on technology and automated systems and the impact of any failure or disruption of, or delay in, these technologies or systems; costs of ongoing data security compliance requirements and the impact of any significant data security breach; the impact of any accident involving the Company’s aircraft or the aircraft of its regional operators; delays in scheduled aircraft deliveries or other loss of anticipated fleet capacity; the Company’s dependence on a limited number of suppliers for aircraft, aircraft engines and parts; the Company’s ability to operate profitably out of Philadelphia International Airport; the impact of weather conditions and seasonality of airline travel; the impact of possible future increases in insurance costs or reductions in available insurance coverage; the impact of global events that affect travel behavior, such as an outbreak of a contagious disease; the impact of foreign currency exchange rate fluctuations; the Company’s ability to use NOLs and certain other tax attributes; and other risks and uncertainties listed from time to time in the Company’s reports to and filings with the Securities and Exchange Commission (“SEC”). There may be other factors not identified above of which the Company is not currently aware that may affect matters discussed in the forward-looking statements, and may also cause actual results to differ materially from those discussed. The Company assumes no obligation to publicly update or supplement any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting such estimates other than as required by law. Additional factors that may affect the future results of the Company are set forth in the section entitled “Risk Factors” in the Company’s Report on Form 10-Q for the quarter ended September 30, 2012 and in the Company’s other filings with the SEC, which are available at www.usairways.com.

-LCC-