US Airways Reports April Traffic Results
US Airways Group, Inc. (NYSE: LCC) today announced April and year-to-date 2010 traffic results. Mainline revenue passenger miles (RPMs) for the month were 4.7 billion, down 5.0 percent versus April 2009. Mainline capacity was 5.7 billion available seat miles (ASMs), down 2.5 percent versus April 2009. Passenger load factor for the month of April was 82.7 percent, down 2.1 points versus April 2009.
US Airways President Scott Kirby said, "Our April consolidated (mainline and Express) passenger revenue per available seat mile (PRASM) increased approximately 13 percent versus the same period last year while total revenue per available seat mile increased approximately 14 percent on a year-over-year basis. The revenue environment continues to improve with strengthening corporate demand and overall booked yields.
“In addition, thanks to our 30,000 employees, US Airways continues to run an efficient and on-time airline. April was the best operational month in US Airways’ post-merger history, setting new records for all of our operational metrics including the best on-time performance, the lowest baggage mishandling handling rate, and the highest completion factor month since the merger in September 2005.”
For the month of