US Airways Group forecasts 2% increase in capacity in 2012

US Airways stated (05-Jul-2012) it expects to increase total system capacity by approximately 2% year-on-year including a 2% increase in domestic capacity and a 1% increase in international capacity in 2012. US Airways expects to end the quarter ended 30-Jun-2012 with USD2.9 billion in total cash and cash equivalents. Details of the carrier's 2012 guidance are as follows:

• Group:
  • Cash: USD2900 million;
  • Restricted: USD390 million;
  • Capacity: +2% year-on-year;
    • Domestic: +2%;
    • International: +1%;
• Mainline:
  • 2Q2012:
    • Cost per ASM excl fuel, special items and profit sharing: stable to +2% year-on-year;
    • Cargo revenue: USD40 million;
    • Other revenue: USD350 million;
    • Fuel gallons consumed: 289 million;
  • 3Q2012:
    • Cost per ASM excl fuel, special items and profit sharing: +1% to +3% year-on-year;
    • Cargo revenue: USD35 million;
    • Other revenue: USD330 million;
    • Fuel gallons consumed: 290 million;
  • 4Q2012:
    • Cost per ASM excl fuel, special items and profit sharing: +1% to +3% year-on-year;
    • Cargo revenue: USD40 million;
    • Other revenue: USD320 million;
    • Fuel gallons consumed: 265 million;
  • FY2012:
    • Cost per ASM excl fuel, special items and profit sharing: stable to +2% year-on-year
    • Cargo revenue: USD155 million;
    • Other revenue: USD1345 million;
    • Fuel gallons consumed: 1110 million. [more - original PR]