> Revenue passenger miles for May 2003 decreased 11.9 percent on 11.8 > percent less capacity compared to May 2002. The passenger load factor for the > month was 73.5 percent, a 0.1 percentage point decrease compared to May 2002. > > Year-to-date 2003 revenue passenger miles decreased 13.6 percent on 12.9 > percent less capacity compared to the first five months of 2002. The > passenger load factor for the period was 70.2 percent, a 0.6 percentage point > decrease compared to the same period in 2002. > > The three wholly owned subsidiaries of US Airways Group, Inc. -- Allegheny > Airlines, Inc., Piedmont Airlines, Inc., and PSA, Inc. -- reported a 22.6 > percent decrease in revenue passenger miles for the month of May on 19.9 > percent less capacity. The passenger load factor was 54.2 percent, a 1.9 > percentage point decrease compared to May 2002. > > Year-to-date 2003, Allegheny Airlines, Inc., Piedmont Airlines, Inc., and > PSA, Inc., reported a 16.4 percent decrease in revenue passenger miles on 14.8 > percent less capacity. The passenger load factor was 50.8 percent, a 1.0 > percentage point decrease compared to the first five months of 2002. > > System mainline passenger unit revenue for May 2003 is expected to be up > 0.5 percent to 1.5 percent compared to May 2002. > > US Airways ended the month by completing 99.5 percent of its scheduled > flights. > > > Certain of the information contained herein should be considered "forward- > looking statements" within the meaning of the Private Securities Litigation > Reform Act of 1995, that reflect the company's current views with respect to > current events and financial performance. Such forward looking statements are > and will be, as the case may be, subject to many risks, uncertainties and > factors relating to the company's operations and business environment which > may cause the actual results of the company to be materially different from > any future results, express or implied, by such forward-looking statements. > Factors that could cause actual results to differ materially from these > forward-looking statements include, but are not limited to, the following: the > ability of the company to operate pursuant to the terms of its financing > facilities; the ability of the company to obtain and maintain normal terms > with vendors and service providers; the company's ability to maintain > contracts that are critical to its operations; the ability of the company to > fund and execute its business plan; the ability of the company to attract, > motivate and/or retain key executives and associates; the ability of the > company to attract and retain customers; the ability of the company to > maintain satisfactory labor relations; demand for transportation in the > markets in which the company operates; economic conditions; labor costs; > financing availability and costs; aviation fuel costs; security-related costs; > competitive pressures on pricing (particularly from lower-cost competitors) > and on demand (particularly from low-cost carriers and multi-carrier > alliances); weather conditions; government legislation and regulation; impact > of the Iraqi war; other acts of war or terrorism; the commencement of public > trading and market acceptance of the company's new common stock; and other > risks and uncertainties listed from time to time in the company's reports to > the United States Securities and Exchange Commission. Other factors and > assumptions not identified above are also involved in the preparation of > forward-looking statements, and the failure of such other factors and > assumptions to be realized may also cause actual results to differ materially > from those discussed. The company assumes no obligation to update such > estimates to reflect actual results, changes in assumptions or changes in > other factors affecting such estimates other than as required by law. > > > > US AIRWAYS, INC. > SELECTED TRAFFIC STATISTICS > > May May Percent > 2003 2002 Change > > Revenue Passenger Miles (000): > Domestic* 2,453,725 2,885,716 (15.0) > International* 760,166 764,331 (0.5) > Total - Scheduled Service 3,213,891 3,650,047 (11.9) > Total (Including Charter) 3,223,116 3,650,915 (11.7) > > Available Seat Miles (000): > Domestic* 3,369,681 4,011,625 (16.0) > International* 1,003,008 945,689 6.1 > Total - Scheduled Service 4,372,689 4,957,314 (11.8) > Total (Including Charter) 4,387,964 4,958,283 (11.5) > > Passengers Boarded* 3,625,206 4,362,677 (16.9) > System Load Factor* 73.5 73.6 (0.1) > Average Passenger Journey* 886.5 836.7 6.0 > > * scheduled service > > NOTE: Numbers may not add or calculate due to rounding > > > > US AIRWAYS, INC. > YEAR-TO-DATE 2003 > > January - January - Percent > May May Change > 2003 2002 > > Revenue Passenger Miles (000): > Domestic* 11,239,160 13,635,455 (17.6) > International* 3,265,854 3,154,607 3.5 > Total - Scheduled Service 14,505,014 16,790,062 (13.6) > Total (Including Charter) 14,556,023 16,793,136 (13.3) > > Available Seat Miles (000): > Domestic* 16,157,667 19,680,745 (17.9) > International* 4,508,797 4,042,631 11.5 > Total - Scheduled Service 20,666,464 23,723,376 (12.9) > Total (Including Charter) 20,756,030 23,727,021 (12.5) > > Passengers Boarded* 16,586,612 20,524,126 (19.2) > System Load Factor* 70.2 70.8 (0.6) > Average Passenger Journey* 874.5 818.1 6.9 > > * scheduled service > > NOTE: Numbers may not add or calculate due to rounding > > > > US AIRWAYS EXPRESS** > SELECTED TRAFFIC STATISTICS > > May May Percent > 2003 2002 Change > > Revenue Passenger Miles (000) 113,113 146,201 (22.6) > Available Seat Miles (000) 208,506 260,372 (19.9) > Passengers Boarded* 518,465 645,431 (19.7) > System Load Factor* 54.2 56.2 (1.9) > Average Passenger Journey 218.2 226.5 (3.7) > > > > US AIRWAYS EXPRESS** > YEAR-TO-DATE 2003 > > January - January - Percent > May May Change > 2003 2002 > > Revenue Passenger Miles (000) 513,396 613,783 (16.4) > Available Seat Miles (000) 1,011,082 1,186,528 (14.8) > Passengers Boarded* 2,321,236 2,762,063 (16.0) > System Load Factor* 50.8 51.7 (1.0) > Average Passenger Journey 221.2 222.2 (0.5) > > *scheduled service > > ** Allegheny Airlines, Inc., Piedmont Airlines, Inc., and PSA Airlines, > Inc. > > NOTE: Numbers may not add or calculate due to rounding __________________________________ Do you Yahoo!? SBC Yahoo! DSL - Now only $29.95 per month! http://sbc.yahoo.com