US Airways traffic, revenue trends rise - East Valley Tribune: Travel

US Airways traffic, revenue trends rise

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Posted: Wednesday, May 4, 2011 4:49 pm | Updated: 12:06 am, Thu May 5, 2011.

TEMPE, Ariz. (AP) — US Airways Group Inc. said Wednesday that April traffic rose 4.5 percent and, after several fare increases, a key revenue measurement grew by 6 percent over last year.

The increase in passenger revenue per available seat mile — that's revenue divided by seats times miles flown — was smaller than in March, when it rose 9 percent. Last week, US Airways officials said bookings slowed in April from their previous "torrid" pace but would pick up again in May and June.

US Airways and other airlines have been raising fares since December to cover rising fuel costs. Still, the company lost $114 million in the first three months of the year.

Paying passengers flew 5.14 billion miles last month on US Airways and its regional affiliates, up from 4.92 billion miles in April 2010. Excluding the regional flights, traffic on the mainline US Airways brand grew 4.3 percent.

The biggest increase came on trans-Atlantic flights, where traffic rose 19.7 percent. Traffic increased 3.4 percent on U.S. flights and fell 4.5 percent on flying to Latin America.

The company, including the regional operators, boosted capacity by 4.4 percent, to 6.25 billion available seat miles. That's a measure of one seat flying one mile.

The average flight last month was 82.2 percent full, the same as a year earlier. It was slightly higher, 82.6 percent, excluding regional flights.

US Airways shares rose 13 cents to $9.35 in morning trading Wednesday.

© 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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