Product Design & Development

US Airways says June traffic rose 2.9 percent

By The Associated Press
Tuesday, July 06, 2010

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US Airways says June traffic rose 2.9 percent

US Airways Group Inc. said Tuesday that traffic rose 2.9 percent across its system, with strong growth in Latin America compensating for the small 0.2 percent increase in domestic traffic.

The airline said it flew 5.79 billion revenue passenger miles during June. A passenger mile is passenger flown one mile.

That was up almost 3 percent from 5.63 billion revenue passenger miles in June 2008. The numbers include flights operated by US Airways as well as flights operated by partners under the US Airways name.

The carrier's capacity rose 2.7 percent to 6.7 billion available seat miles, from 6.53 billion a year earlier.

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Occupancy, called load factor, rose 0.2 percentage points to 86.4 percent.

For the first half of the year, US Airways traffic fell 0.9 percent to 29.61 billion revenue passenger miles. Capacity fell 0.9 percent to 36.51 billion available seat miles. Load factor rose 0.1 percentage points to 81.1 percent.

The airline estimates it ended the quarter with about $2.5 billion in cash, including about $450 million in restricted cash. It expects capacity to be up slightly this year across its system. Domestic flying is expected to fall 1 percent to 2 percent, with international flying rising 8 percent to 9 percent.

US Airways shares fell 11 cents to close at $8.08.

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