US Airways Reports July Traffic

ARLINGTON, Va., August 5, 2003—US Airways reported its July 2003 passenger traffic today.  Revenue passenger miles for July 2003 decreased 3.5 percent on 9.5 percent less capacity compared to July 2002. The passenger load factor for the month was a company record of 82.2 percent, a 5.1 percentage point increase compared to July 2002 and 3.6 points above the previous record set in June 2003.

Year-to-date 2003 revenue passenger miles decreased 10.8 percent on 11.6 percent less capacity compared to the seven months of 2002. The passenger load factor for the period was 73.3 percent, a 0.6 percentage point increase compared to the first seven months of 2002.

“Leisure traffic was strong in July, producing a record load factor. However, overall yield has not improved significantly over last year,” said B. Ben Baldanza, US Airways senior vice president of marketing and planning.

The three wholly owned subsidiaries of US Airways Group, Inc.—Allegheny Airlines, Inc., Piedmont Airlines, Inc., and PSA, Inc.—reported a 10.6 percent decrease in revenue passenger miles for the month of July on 13.3 percent less capacity. The passenger load factor was 56.4 percent, a 1.7 percentage point increase compared to July 2002.

Year-to-date 2003, Allegheny Airlines, Inc., Piedmont Airlines, Inc., and PSA, Inc., reported a 15.5 percent decrease in revenue passenger miles on 14.8 percent less capacity. The passenger load factor was 52.4 percent, a 0.4 percentage point decrease compared to the first seven months of 2002.

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System mainline passenger unit revenue for July 2003 is expected to increase between six and seven percent compared to July 2002.

US Airways ended the month by completing 98.3 percent of its scheduled flights.

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