US Airways Records Best Mainline Load Factor for June

Crowds have apparently been thick at US Airways' (NYSE: LCC  ) departure gates recently. For the second month in a row, the company has recorded its highest-ever load factor (i.e., the average "occupancy" of its aircraft) in its mainline flights for that particular month. The carrier released its latest set of operating metrics, which revealed that highest-ever June load factor of 88.2%. That was 1.7 percentage points higher than June 2012's figure.

The consolidated figure (including the carrier's Express offerings) was slightly lower, however. It came in at 87.8% for the month, which was also 1.7 percentage points higher than its year-ago equivalent.

Other statistics for consolidated operations also saw year-over-year increases. The total for revenue passenger miles was 6.5 billion, a 7% improvement over June 2012's 6.0 billion. Available seat miles grew by 5% to nearly 7.4 billion, while total boardings advanced by 6% to just over 5.7 million.

Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2523180, ~/Articles/ArticleHandler.aspx, 4/23/2014 3:26:30 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

TREND TRACKER: Get Rich When the Web Goes Dark

It's time to say "goodbye" to your Internet! One bleeding-edge technology is about to put the World Wide Web to bed. And if you act right away, it could make you wildly rich. Experts are calling it the single largest business opportunity in the history of capitalism… The Economist is calling it "transformative"... but you'll probably just call it "how I made my millions." Big money is already on the move. Don't be too late to the party – find out the 1 stock to own when the Web goes dark.