US Airways reports highest annual profit in 2012

US Airways Group revenue up 4% - financial highlights:

• Three months ended 31-Dec-2012:
  • Total operating revenue: USD3278 million, +3.9% year-on-year;
  • Total operating costs: USD3153 million, +3.5%;
    • Mainline fuel: USD830 million, +2.1%;
    • Labour: USD600 million, +9.9%;
  • Operating profit: USD125 million, +15.9%;
  • Net profit: USD37 million, +106%;
  • Passenger numbers: 20.5 million, +3.0%;
  • Passenger load factor: 83.9%, +2.0 ppts;
  • Yield: USD 16.45 cents, -0.1%;
  • Passenger revenue per ASM: USD 13.79 cents, +2.2%;
  • Total revenue per ASM: USD 15.58 cents, +2.55;
  • Operating cost per ASM: USD 14.99 cents, +2.1%;
  • Operating cost per ASM excl fuel and special items: USD 9.72 cents, +2.0%;
• 12 months ended 31-Dec-2012:
  • Total operating revenue: USD13,831 million, +5.9%;
  • Total operating costs: USD12,975 million, +2.7%;
    • Mainline fuel: USD3489 million, +2.6%;
    • Labour: USD2488 million, +9.5%;
  • Operating profit: USD856 million, +101%;
  • Net profit: USD637 million, +797%;
  • Passenger numbers: 82.5 million, +2.5%;
  • Passenger load factor: 82.9%, +0.6 ppt;
  • Yield: USD 16.78 cents, +3.5%;
  • Passenger revenue per ASM: USD 13.92 cents, +4.3%;
  • Total revenue per ASM: USD 15.64 cents, +3.9%;
  • Operating cost per ASM: USD 14.67 cents, +0.7%;
  • Operating cost per ASM excl fuel and special items: USD 9.44 cents, +0.5%;
  • Total assets: USD9396 million, +12.7%;
  • Cash, cash equivalents and investments in marketable securities: USD2376 million, +22.0%;
  • Total liabilities: USD8606 million, +5.1%;
• 1Q2013 forecast:
  • Mainline:
    • Capacity (ASMs): 17.8 billion;
    • Cost per ASM excl fuel, special items and profit sharing: +2% to +4% year-on-year;
    • Cargo revenue: USD40 million;
    • Fuel gallons consumed: 259 million;
  • Express:
    • Capacity: 3.4 billion;
    • Cost per ASM excl fuel and special items: -1% to +1%;
    • Fuel gallons consumed: 82 million;
• FY2013 forecast:
  • Mainline:
    • Capacity (ASMs): 77.0 billion;
    • Cost per ASM excl fuel, special items and profit sharing: -2% to stable;
    • Cargo revenue: USD160 million;
    • Fuel gallons consumed: 1124 million;
  • Express:
    • Capacity: 14.0 billion;
    • Cost per ASM excl fuel and special items: +3% to +5%;
    • Fuel gallons consumed: 340 million. [more - original PR]