US AIRWAYS TOPS IN ON-TIME PERFORMANCE IN DEC.
The U.S. Department of Transportation said US Airways ranked first among the 10 largest carriers for on-time performance in December.
According to the DOT's December Air Traveler Consumer Report, US Airways' (NYSE:LCC) on-time arrival rate was 74.5 percent.
US Airways is the dominant carrier at Philadelphia International Airport, where its on-time arrival percentage in December was 70.1. Overall, the airport's on-time arrival percentage was 64.6.
In terms of on-time percentages, the year wasn't a great one for the airline sector. Domestic airline delays in 2007 were the second worst on record, according to the DOT.
Flights in the U.S. were late more than 26 percent of the time last year, a slightly better performance than in 2000, when airlines were tardy more than 27 percent of the time. The federal government began collecting such data in 1995.
Tempe, Ariz.-based US Airways is rewarding each of its 36,000 employees with a $50 bonus. Its pays such bonuses in months where its on-time performance is in the top three of the 10 largest U.S. airlines.
Source - Phila. Business Journal