America West Reports Record July Traffic
August 01 2005 - 7:10PM
PR Newswire (US)
America West Reports Record July Traffic PHOENIX, Aug. 1
/PRNewswire-FirstCall/ -- America West Airlines (NYSE:AWA) today
reported traffic statistics for the month of July 2005. Revenue
passenger miles (RPMs) for July 2005 were a record 2.3 billion, an
increase of 2.6 percent from July 2004. Capacity for July 2005 was
a record 2.7 billion available seat miles (ASMs), up 2.6 percent
from July 2004. The passenger load factor for the month of July was
84.2 percent versus 84.3 percent in July 2004. (Logo:
http://www.newscom.com/cgi-bin/prnh/20050223/LAW097LOGO) "We
continue to experience a strong revenue environment driven by
passenger demand and pricing," said Executive Vice President, Sales
and Marketing Scott Kirby. "With ongoing peak travel-day yield
management, our yields have continued to increase at a double digit
rate on a year over year basis." The following summarizes America
West's July and year-to-date traffic results for 2005 and 2004:
July 2005 July 2004 % Change Revenue Passenger Miles (000)
2,268,974 2,211,878 2.6 Available Seat Miles (000) 2,693,919
2,624,945 2.6 Load Factor (percent) 84.2 84.3 (0.1 pt.)
Enplanements 2,060,204 1,954,909 5.4 YTD 2005 YTD 2004 % Change
Revenue Passenger Miles (000) 14,326,189 13,433,446 6.6 Available
Seat Miles (000) 17,750,457 17,529,199 1.3 Load Factor (percent)
80.7 76.6 4.1 pts. Enplanements 12,984,022 12,195,584 6.5 Also for
July, the airline will report to the Department of Transportation
that its domestic on-time performance was 76.4 percent and its
completion factor was 98.5 percent. For additional information
regarding the airline's current cost per available seat mile (CASM)
guidance, fuel hedging positions, and estimated capital
expenditures for 2005, please visit the investor relations update,
which is located in the "About AWA" section of the airline's Web
site at http://www.americawest.com/. The investor relations update
page also includes current distribution percentages (information on
the airline's distribution channels) and fleet plan through 2007.
Approximately 60,000 customers upgrade their low-fare experience
every day when they get on board America West. The airline's 14,000
employees are proud to offer a range of services including more
destinations than any other low-cost carrier, first-class cabins,
assigned seating, airport clubs and an award-winning frequent flyer
program. America West operates over 900 daily flights to more than
90 destinations in the U.S., Canada, Mexico and Costa Rica. This
press release and additional information on America West can be
accessed at http://www.americawest.com/. (AWAT) This press release
contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995 that involve risks
and uncertainties that could cause America West's actual results
and financial position to differ materially from these statements.
These forward looking statements may be identified by words such as
"anticipate," "believe," "estimate," "expect," "may," "will,"
"intend," "plan," "predict," and similar terms used in connection
with statements regarding our outlook, expected fuel costs, the
RASM environment, and our expected 2005 financial performance. The
risks and uncertainties relating to forward looking statements
include, but are not limited to, the duration and extent of the
current soft economic conditions; the impact of global instability
including the continuing impact of the continued military presence
in Iraq and Afghanistan and the terrorist attacks of Sept. 11, 2001
and the potential impact of future hostilities, terrorist attacks,
infectious disease outbreaks or other global events; limitations on
our ability to obtain additional financing due to high levels of
debt and the financial and other covenants in our debt instruments;
changes in federal and state laws and regulations; changes in
prevailing interest rates and the availability of and terms of
financing to fund our business; the ability to attract and retain
qualified personnel; the cyclical nature of the airline industry;
competitive practices in the industry, including significant fare
restructuring activities by major airlines; the impact of changes
in fuel prices; relations with unionized employees generally and
the impact and outcome of the labor negotiations and other factors
described from time to time in the company's publicly available SEC
reports. We caution you that these risks may not be exhaustive. We
operate in a continually changing business environment, and new
risks emerge from time to time. The company undertakes no
obligation to publicly update any forward-looking statement to
reflect events or circumstances that may arise after the date of
this press release.
http://www.newscom.com/cgi-bin/prnh/20050223/LAW097LOGO
http://photoarchive.ap.org/ DATASOURCE: America West Airlines
CONTACT: Phil Gee of America West Airlines, +1-480-693-5729 Web
site: http://www.americawest.com/
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