America West Reports Record June Traffic
July 01 2005 - 3:23PM
PR Newswire (US)
America West Reports Record June Traffic PHOENIX, July 1
/PRNewswire-FirstCall/ -- America West Airlines (NYSE:AWA) today
reported traffic statistics for the month of June, second quarter
and year-to-date 2005. Revenue passenger miles (RPMs) for June 2005
were a record 2.2 billion, an increase of 4.1 percent from June
2004. Capacity for June 2005 was a record 2.6 billion available
seat miles (ASMs), up 0.2 percent from June 2004. The passenger
load factor for the month of June was a record at 83.6 percent
versus 80.5 percent in June 2004. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050223/LAW097LOGO) For the
second quarter, America West reported record RPMs of 6.4 billion,
an increase of 8.0 percent over the second quarter of 2004, and
ASMs were a record 7.8 billion, an increase of 2.7 percent over the
prior year period. America West also reported record year-to-date
RPMs of 12.1 billion, ASMs of 15.1 billion and a load factor of
80.1 percent. "We posted significant year-over-year improvements in
unit revenue during June, which were driven by our record load
factor and double-digit growth in yield. We are encouraged to see
strong customer demand that is translating into significant revenue
increases for America West. Fortunately, the company's continued
strong revenue performance is helping to mitigate the impact of
higher fuel costs," remarked Scott Kirby, executive vice president,
sales and marketing. The following summarizes America West's June,
second quarter and year-to-date traffic results for 2005 and 2004:
June 2005 June 2004 % Change Revenue Passenger Miles (000)
2,162,641 2,078,403 4.1 Available Seat Miles (000) 2,587,011
2,581,953 0.2 Load Factor (percent) 83.6 80.5 3.1 pts. Enplanements
1,961,510 1,859,682 5.5 2Q 2005 2Q 2004 % Change Revenue Passenger
Miles (000) 6,386,594 5,915,491 8.0 Available Seat Miles (000)
7,755,377 7,552,525 2.7 Load Factor (percent) 82.4 78.3 4.1 pts.
Enplanements 5,753,937 5,343,126 7.7 YTD 2005 YTD 2004 % Change
Revenue Passenger Miles (000) 12,057,637 11,221,568 7.5 Available
Seat Miles (000) 15,056,538 14,904,254 1.0 Load Factor (percent)
80.1 75.3 4.8 pts. Enplanements 10,926,100 10,240,675 6.7 Also for
June, the airline will report to the Department of Transportation
that its domestic on-time performance was 80.8 percent and its
completion factor was 99.0 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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