America West Reports Record May Traffic
June 02 2005 - 6:00PM
PR Newswire (US)
America West Reports Record May Traffic PHOENIX, June 2
/PRNewswire-FirstCall/ -- America West Airlines (NYSE:AWA) today
reported traffic statistics for the month of May and year-to-date
2005. Revenue passenger miles (RPMs) for May 2005 were a record 2.2
billion, an increase of 12.8 percent from May 2004. Capacity for
May 2005 was a record 2.6 billion available seat miles (ASMs), up
5.1 percent from May 2004. The passenger load factor for the month
of May was a record at 81.7 percent versus 76.2 percent in May
2004. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050223/LAW097LOGO) "We once
again experienced very strong revenue performance in May," said
Scott Kirby, executive vice president, sales and marketing. "Our
record May load factor combined with a large year-over-year
increase in yield led to a significant improvement in unit revenue
during May." The following summarizes America West's May and
year-to-date traffic results for 2005 and 2004: May 2005 May 2004 %
Change Revenue Passenger Miles (000) 2,159,617 1,913,854 12.8
Available Seat Miles (000) 2,642,129 2,513,218 5.1 Load Factor
(percent) 81.7 76.2 5.5 pts. Enplanements 1,945,681 1,747,603 11.3
YTD 2005 YTD 2004 % Change Revenue Passenger Miles (000) 9,894,122
9,143,165 8.2 Available Seat Miles (000) 12,469,527 12,322,301 1.2
Load Factor (percent) 79.3 74.2 5.1 pts. Enplanements 8,965,401
8,380,993 7.0 Also for May, the airline will report to the
Department of Transportation that its domestic on-time performance
was 85.5 percent and its completion factor was 99.1 percent. For
additional information regarding the airline's current cost per
available seat mile (CASM) guidance, fuel hedging positions, and
estimated capital expenditures for 2005, please visit the investor
relations update, which is located in the "About AWA" section of
the airline's Web site at http://www.americawest.com/. The investor
relations update page also includes current distribution
percentages (information on the airline's distribution channels)
and fleet plan through 2007. Approximately 60,000 customers upgrade
their low-fare experience every day when they get on board America
West. The airline's 14,000 employees are proud to offer a range of
services including more destinations than any other low-cost
carrier, first-class cabins, assigned seating, airport clubs and an
award-winning frequent flyer program. America West operates more
than 900 flights daily to 94 destinations in the U.S., Canada,
Mexico and Costa Rica. This press release and additional
information on America West can be accessed at
http://www.americawest.com/. (AWAT) This press release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 that involve risks and
uncertainties that could cause America West's actual results and
financial position to differ materially from these statements.
These forward looking statements may be identified by words such as
"anticipate," "believe," "estimate," "expect," "may," "will,"
"intend," "plan," "predict," and similar terms used in connection
with statements regarding our outlook, expected fuel costs, the
RASM environment, and our expected 2005 financial performance. The
risks and uncertainties relating to forward looking statements
include, but are not limited to, the duration and extent of the
current soft economic conditions; the impact of global instability
including the continuing impact of the continued military presence
in Iraq and Afghanistan and the terrorist attacks of Sept. 11, 2001
and the potential impact of future hostilities, terrorist attacks,
infectious disease outbreaks or other global events; limitations on
our ability to obtain additional financing due to high levels of
debt and the financial and other covenants in our debt instruments;
changes in federal and state laws and regulations; changes in
prevailing interest rates and the availability of and terms of
financing to fund our business; the ability to attract and retain
qualified personnel; the cyclical nature of the airline industry;
competitive practices in the industry, including significant fare
restructuring activities by major airlines; the impact of changes
in fuel prices; relations with unionized employees generally and
the impact and outcome of the labor negotiations and other factors
described from time to time in the company's publicly available SEC
reports. We caution you that these risks may not be exhaustive. We
operate in a continually changing business environment, and new
risks emerge from time to time. The company undertakes no
obligation to publicly update any forward-looking statement to
reflect events or circumstances that may arise after the date of
this press release. -AWA-
http://www.newscom.com/cgi-bin/prnh/20050223/LAW097LOGO
http://photoarchive.ap.org/ DATASOURCE: America West Airlines
CONTACT: Phil Gee of America West Airlines, +1-480-693-5729 Web
site: http://www.americawest.com/
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