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Exhibit 99.1

 

LOGO

Contact: US Airways

Dan Cravens

480-693-5729

FOR IMMEDIATE RELEASE

US AIRWAYS REPORTS RECORD FEBRUARY LOAD FACTOR

TEMPE, Ariz. Mar. 5, 2012 — US Airways Group, Inc. (NYSE: LCC) today announced February and year-to-date 2012 traffic results. Mainline revenue passenger miles (RPMs) for the month were 4.3 billion, up 7.9 percent versus February 2011. Mainline capacity was 5.5 billion available seat miles (ASMs), up 5.8 percent versus February 2011. Mainline passenger load factor was a record 78.3 percent for the month of February, up 1.5 points versus February 2011.

US Airways’ President Scott Kirby said, “Our February consolidated (mainline and Express) passenger revenue per available seat mile (PRASM) increased approximately 7 percent versus the same period last year.

“Mild February weather conditions throughout the country combined with continued outstanding effort from our 32,000 employees resulted in fewer flight cancellations during the month, leading to an all-time record completion factor of 99.7 percent for the Company. Additionally, these results include our best-ever month for on-time performance and four days with zero mainline cancellations.”

For the month of February, US Airways’ preliminary on-time performance as reported to the U.S. Department of Transportation was a record 89.3 percent.

The following summarizes US Airways Group’s traffic results for the month and year-to-date ended February 29, 2012 and February 28, 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  
FEBRUARY       
     2012      2011      Change  

Mainline Revenue Passenger Miles (000)

        

Domestic

     3,417,892         3,127,261         9.3

Atlantic

     483,670         466,452         3.7

Latin

     424,216         415,809         2.0
  

 

 

    

 

 

    

Total Mainline Revenue Passenger Miles

     4,325,778         4,009,522         7.9

Mainline Available Seat Miles (000)

        

Domestic

     4,148,383         3,902,124         6.3

Atlantic

     840,715         781,083         7.6

Latin

     535,014         539,833         (0.9 )% 
  

 

 

    

 

 

    

Total Mainline Available Seat Miles

     5,524,112         5,223,040         5.8

Mainline Load Factor (%)

        

Domestic

     82.4         80.1         2.3 pts 

Atlantic

     57.5         59.7         (2.2 )pts 

Latin

     79.3         77.0         2.3 pts 
  

 

 

    

 

 

    

Total Mainline Load Factor

     78.3         76.8         1.5 pts 

Mainline Enplanements

        

Domestic

     3,728,484         3,363,354         10.9

Atlantic

     116,537         114,949         1.4

Latin

     302,778         305,263         (0.8 )% 
  

 

 

    

 

 

    

Total Mainline Enplanements

     4,147,799         3,783,566         9.6

YEAR TO DATE

        
     2012      2011      Change  

Mainline Revenue Passenger Miles (000)

        

Domestic

     7,016,511         6,519,597         7.6

Atlantic

     1,074,966         1,059,663         1.4

Latin

     866,914         892,440         (2.9 )% 
  

 

 

    

 

 

    

Total Mainline Revenue Passenger Miles

     8,958,391         8,471,700         5.7

Mainline Available Seat Miles (000)

        

Domestic

     8,541,955         8,136,653         5.0

Atlantic

     1,756,449         1,644,250         6.8

Latin

     1,104,722         1,142,163         (3.3 )% 
  

 

 

    

 

 

    

Total Mainline Available Seat Miles

     11,403,126         10,923,066         4.4

Mainline Load Factor (%)

        

Domestic

     82.1         80.1         2.0 pts 

Atlantic

     61.2         64.4         (3.2 )pts 

Latin

     78.5         78.1         0.4 pts 
  

 

 

    

 

 

    

Total Mainline Load Factor

     78.6         77.6         1.0 pts 

Mainline Enplanements

        

Domestic

     7,558,948         6,904,767         9.5

Atlantic

     261,408         260,818         0.2

Latin

     619,601         647,344         (4.3 )% 
  

 

 

    

 

 

    

Total Mainline Enplanements

     8,439,957         7,812,929         8.0

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)  

 

FEBRUARY

      
     2012      2011      Change  

Express Revenue Passenger Miles (000)

        

Domestic

     167,954         160,369         4.7

Express Available Seat Miles (000)

        

Domestic

     247,547         240,794         2.8

Express Load Factor (%)

        

Domestic

     67.8         66.6         1.2 pts 

Express Enplanements

        

Domestic

     586,838         551,092         6.5
YEAR TO DATE                     
     2012      2011      Change  

Express Revenue Passenger Miles (000)

        

Domestic

     334,607         326,098         2.6

Express Available Seat Miles (000)

        

Domestic

     502,757         493,804         1.8

Express Load Factor (%)

        

Domestic

     66.6         66.0         0.6 pts 

Express Enplanements

        

Domestic

     1,176,791         1,121,407         4.9
Notes:         

1)      Canada is included in domestic results.

        


Consolidated US Airways Group, Inc.

 

FEBRUARY

 
     2012      2011      Change  

Consolidated Revenue Passenger Miles (000)

        

Domestic

     3,585,846         3,287,630         9.1

Atlantic

     483,670         466,452         3.7

Latin

     424,216         415,809         2.0
  

 

 

    

 

 

    

Total Consolidated Revenue Passenger Miles

     4,493,732         4,169,891         7.8

Consolidated Available Seat Miles (000)

        

Domestic

     4,395,930         4,142,918         6.1

Atlantic

     840,715         781,083         7.6

Latin

     535,014         539,833         (0.9 )% 
  

 

 

    

 

 

    

Total Consolidated Available Seat Miles

     5,771,659         5,463,834         5.6

Consolidated Load Factor (%)

        

Domestic

     81.6         79.4         2.2 pts 

Atlantic

     57.5         59.7         (2.2 )pts 

Latin

     79.3         77.0         2.3 pts 
  

 

 

    

 

 

    

Total Consolidated Load Factor

     77.9         76.3         1.6 pts 

Consolidated Enplanements

        

Domestic

     4,315,322         3,914,446         10.2

Atlantic

     116,537         114,949         1.4

Latin

     302,778         305,263         (0.8 )% 
  

 

 

    

 

 

    

Total Consolidated Enplanements

     4,734,637         4,334,658         9.2

YEAR TO DATE

        
     2012      2011      Change  

Consolidated Revenue Passenger Miles (000)

        

Domestic

     7,351,118         6,845,695         7.4

Atlantic

     1,074,966         1,059,663         1.4

Latin

     866,914         892,440         (2.9 )% 
  

 

 

    

 

 

    

Total Consolidated Revenue Passenger Miles

     9,292,998         8,797,798         5.6

Consolidated Available Seat Miles (000)

        

Domestic

     9,044,712         8,630,457         4.8

Atlantic

     1,756,449         1,644,250         6.8

Latin

     1,104,722         1,142,163         (3.3 )% 
  

 

 

    

 

 

    

Total Consolidated Available Seat Miles

     11,905,883         11,416,870         4.3

Consolidated Load Factor (%)

        

Domestic

     81.3         79.3         2.0 pts 

Atlantic

     61.2         64.4         (3.2 )pts 

Latin

     78.5         78.1         0.4 pts 
  

 

 

    

 

 

    

Total Consolidated Load Factor

     78.1         77.1         1.0 pts 

Consolidated Enplanements

        

Domestic

     8,735,739         8,026,174         8.8

Atlantic

     261,408         260,818         0.2

Latin

     619,601         647,344         (4.3 )% 
  

 

 

    

 

 

    

Total Consolidated Enplanements

     9,616,748         8,934,336         7.6

Notes:

 

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


US Airways

US Airways, along with US Airways Shuttle and US Airways Express, operates more than 3,100 flights per day and serves more than 200 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 and is a member of the Star Alliance network, which offers its customers more than 21,000 daily flights to 1,290 airports in 189 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. US Airways was 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 for 2010 and 2011. 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. US Airways also ranked #1 among its competing hub-and-spoke network carriers for 2010 performance as rated by the Wichita State University/Purdue University Airline Quality Rating (AQR). 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; increased costs of financing, a reduction in the availability of financing and fluctuations in interest rates; the impact of the price and availability of fuel and significant disruptions in the supply of aircraft fuel; 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; competitive practices in the industry, including the impact of industry consolidation; 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-K for the year ended December 31, 2011 and in the Company’s other filings with the SEC, which are available at www.usairways.com.

-LCC-