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US Airways Group forecasts 2% increase in capacity in 2012

6-Jul-2012 12:55 PM

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]