US Airways Reports November Traffic

US Airways reported today that revenue passenger miles for November 2002 decreased 9.0 percent compared to November 2001, while available seat miles for the month were down 12.0 percent compared to the same period last year. The passenger load factor for November 2002 was 65.9 percent, a 2.2 percentage-point increase compared to November 2001.

Year-to-date, revenue passenger miles decreased 13.7 percent compared to the first eleven months of 2001, while available seat miles decreased 15.8 percent. The year-to-date passenger load factor was 70.9 percent, an increase of 1.7 percentage points compared to the same period in 2001.


The three wholly owned subsidiaries of US Airways Group, Inc.—Allegheny Airlines, Inc., Piedmont Airlines, Inc., and PSA, Inc.—reported that revenue passenger miles for November 2002 increased 18.3 percent compared to November 2001, while available seat miles increased 14.3 percent. The passenger load factor for the month was 54.2 percent, an increase of 1.8 percentage points compared to the same period in 2001.


Year-to-date revenue passenger miles for the three wholly owned US Airways Express carriers increased 10.0 percent compared to the first eleven months of 2001, while available seat miles increased 13.0 percent. The year-to-date passenger load factor was 53.1 percent, a decrease of 1.5 percentage points compared to the same period in 2001.


Operationally, US Airways ended the month by completing 99.6 percent of its scheduled flights.

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System mainline passenger unit revenue for November 2002 is expected to increase between 0.5 percent and 1.5 percent compared to November 2001, which is a decrease of between 22.5 percent and 23.5 percent compared to November 2000.


Two of the heaviest travel days of the Thanksgiving Holiday (Sunday and Monday) this year took place in December versus November, thus affecting the year-over-year comparisons.


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