Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Airline Holding company US Airways Group Inc. witnessed modest revenue growth for the month of Feb 2013. Consolidated revenue passenger miles or RPMs for the month crept up 2.4% from the prior-year quarter to 4,599.5 million. While domestic revenue from passenger miles and revenue from Latin region registered 2.5% and 5.4 year-over-year growth, respectively, Atlantic RPM dropped 1.5%.

Capacity or available seat miles (ASMs) were 5,704.1 million, down 1.2% year over year, with Atlantic decline of 10.2% offsetting the 3.9% increase in the Latin arena. Domestic ASMs inched down 0.1% compared with the year-ago period.

Load factor on the domestic front moved up 210 basis points (bps) and that for Atlantic region upped 560 bps, while it registered a 110 bps growth on the Latin field. On a consolidated basis, load factor stood at 80.6% compared with 77.9% recorded in Feb 2012.

For the first two months of this year, on a consolidated basis, US Airways generated RPMs of 9,639.7 million (up 3.7% year over year) and ASMs of 11,951.4 million (up 0.4% year over year), while load factor was 80.7%, reflecting an improvement of 260 basis points.

US Airways with the world's largest fleet of Airbus aircraft and via subsidiaries – US Airways Shuttle and US Airways Express – operates over 3,000 daily flights to 198 communities across the globe.

In mid February, the board of directors of US Airways Group and AMR Corporation, the parent company of American Airlines Inc. gave a nod to the pending merger agreement, paving the way for creating the largest global carrier. Following the completion of the deal, AMR stakeholders will control 72% interests of the newly merged company, while the remaining 28% will be owned by US Airways shareholders.

US Airways currently carries a Zacks Rank #3 (Hold).

Other Stocks

Other stocks operating within the airline sector that are worth considering are Ryanair Holdings Plc (RYAAY - Snapshot Report) – that holds a Zacks Rank #1 (Strong Buy), and Delta Air Lines Inc. (DAL - Analyst Report) and GOL Linhas A (GOL - Analyst Report). Both the firms currently hold a Zacks Rank #2 (Buy).

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GROUP DXYN 15.84 +7.90%
BOFL HOLDING BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%