US Airways Group revenue up 10.7% in 4Q2010

US Airways Group reports (26-Jan-2011) the following consolidated financial/traffic highlights:

• 3 months ended Dec-2010:
  • Operating revenues: USD2,907 million, +10.7% year-on-year;
    • Mainline passenger: USD1,845 million, +11.1%;
  • Operating costs: USD2,802 milion, +7.3%;
  • Operating income: USD105 million, compared with an operating income of USD14 million in p-c-p;
  • Net income: USD28 million, compared with a net loss of USD79 million in p-c-p;
  • Total Mainline and Express*:
    • Passenger numbers: 20.1 million, +7%;
    • Passenger load factor: 80.6%, +2 ppts;
    • Yield: USD15.06 cents, +3.4%;
    • Passenger revenue per ASM: USD12.14 cents, +6.1%;
    • Aircraft at end of period: 620, -1.9%;
    • Operating cost per ASM (cents): USD13.33 cents, +3.0%;
• 12 months ended Dec-2010:
  • Operating revenues: USD11,908 million, +13.9%;
    • Mainline passenger: USD7,645 million, +13.2%;
  • Operating costs: USD11,127 million, +7.6%;
  • Operating income: USD781 million, compared with an operating income of USD118 million in p-c-p;
  • Net income: USD502 million, compared with a net loss of USD205 million in p-c-p;
  • Total Mainline and Express*:
    • Passenger numbers: 79.6 million, +2%;
    • Passenger load factor: 81.1%, +0.6 ppt;
    • Yield: USD15.04 cents, +11.2%;
    • Passenger revenue per ASM: USD12.20 cents, +12.1%;
    • Aircraft at end of period: 620, -1.9%;
    • Operating cost per ASM (cents): USD12.97 cents, +6.7%. [more]

*Express includes US Airways Group's wholly owned regional airline subsidiaries, Piedmont Airlines and PSA Airlines, as well as operating and financial results from capacity purchase agreements with Republic Airlines, Mesa Airlines, Air Wisconsin Airlines and Chautauqua Airlines.