US Airways traffic jumps, revenue measure rises - FOX 10 News | fox10phoenix.com

US Airways traffic jumps, revenue measure rises

TEMPE, Ariz. (AP) - Traffic on US Airways jumped 7.3% in June, but a key revenue measure rose more slowly and indicated that average fares aren't changing much.

Passenger revenue for every seat flown one mile rose 1%. That's a closely watched statistic in the airline industry, and it rises when an airline fills more seats or sells more tickets at higher prices.

The revenue statistic fell 4% in April and 1% in May, so June marked improvement for US Airways Group Inc.

The airline said Wednesday that passengers flew 6.25 billion miles last month, up from 5.83 billion miles in June 2012.

Traffic grew faster on U.S. flights than international trips overall.

US Airways expects to close its merger with American Airlines parent AMR Corp. in the next several weeks.

Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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