7-Jan-2013 12:29 PM
US Airways releases 2012 financial guidance, expects mainline CASM to rise 2% to 4% in 4Q2012
US Airways Group reports (04-Jan-2013) the following financial guidance:
- 4Q2012 estimate:
- CASM growth:
- Mainline*: +2% to 4% year-on-year;
- Express**: -1.0% to -3.0%;
- CASM:
- Mainline: USD13.42 to USD13.66 cents;
- Express: USD22.10 to USD22.52 cents;
- Mainline cargo revenue: USD40 million;
- Mainline other revenue: USD330 million;
- Operating expense:
- Mainline^: USD2,348 million to USD2,391 million;
- Express: USD771 million to USD786 million;
- CASM growth:
- FY2012 estimate:
- CASM growth:
- Mainline*: 0% to +2%;
- Express**: 0% to -2.0%;
- CASM:
- Mainline: USD13.13 to USD13.32 cents;
- Express: USD22.13 to USD22.45 cents;
- Mainline cargo revenue: USD154 million;
- Mainline other revenue: USD1363 million;
- Operating expense:
- Mainline^: USD9,740 million to USD9,877 million;
- Express: USD3145 million to USD3191 million. [more - original PR]
- CASM growth:
*Excluding fuel, special items and profit sharing
**Excluding fuel and special items
^Forecast mainline operating expenses exclude profit sharing
US Airways Group: "2012 capacity guidance 2012 total system capacity is expected to be up approximately 2% year-on-year primarily due to higher completion factor and larger gauge A321 aircraft replacing smaller gauge legacy 737 aircraft. Domestic capacity is expected to be up approximately 2% and international up approximately 1%." Source: Company statement, 04-Jan-2013.