8-K

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 4, 2005

AMERICA WEST HOLDINGS CORPORATION

(Exact name of registrant as specified in its charter)

Delaware
(State of jurisdiction) 1-12649
(Commission File No.) 86-0847214
(IRS Employer Identification No.)

111 West Rio Salado Parkway
Tempe, Arizona 85281
(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (480) 693-0800

AMERICA WEST AIRLINES, INC.

(Exact name of registrant as specified in its charter)

Delaware
(State of jurisdiction) 0-12337
(Commission File No.) 86-0418245
(IRS Employer Identification No.)

4000 E. Sky Harbor Boulevard
Phoenix, Arizona 85034-3899
(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (480) 693-0800

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

TABLE OF CONTENTS

	ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
	ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
SIGNATURES
EXHIBIT INDEX
EX-99.1

ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

     On April 4, 2005, America West Airlines, Inc. (“AWA”), a wholly-owned subsidiary of America West Holdings Corporation, announced via press release certain traffic statistics for March 2005. A copy of AWA’s press release is furnished pursuant to Item 2.02 as Exhibit 99.1 to this Current Report on Form 8-K.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

     (c) Exhibits.

Exhibit No.	Description
99.1	Press Release, dated April 4, 2005.

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, America West Holdings Corporation has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	America West Holdings Corporation
Dated: April 4, 2005	By:	/s/ Derek J. Kerr
		Derek J. Kerr
		Senior Vice President and Chief Financial Officer

     Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, America West Airlines, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	America West Airlines, Inc.
Dated: April 4, 2005	By:	/s/ Derek J. Kerr
		Derek J. Kerr
		Senior Vice President and Chief Financial Officer

2

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release, dated April 4, 2005.

3

EX-99.1

EXHIBIT 99.1

Contact:	Elise Eberwein
	480/693-5729

FOR IMMEDIATE RELEASE:            Monday, April 4, 2005

AMERICA WEST REPORTS RECORD MARCH TRAFFIC

     PHOENIX — America West Airlines (NYSE:AWA) today reported traffic statistics for the month of March and year-to-date 2005. Revenue passenger miles (RPMs) for March 2005 were a record 2.1 billion, an increase of 9.4 percent from March 2004. Capacity for March 2005 was a record 2.6 billion available seat miles (ASMs), up 1.4 percent from March 2004. The passenger load factor for the month of March was a record at 82.6 percent versus 76.6 percent in March 2004.

     “Our accomplishments in March include not only record traffic, capacity and load factor, but we also achieved the highest ever monthly passenger revenue per available seat mile at America West with RASM in March up well over 10 percent on a year-over-year basis,” said Scott Kirby, executive vice president, sales and marketing. “Although we, unlike most of the rest of the industry, are experiencing one of the strongest revenue environments in our history, it is not enough to overcome the ongoing impact of the high price of fuel.”

     The following summarizes America West’s March and year-to-date traffic results for 2005 and 2004:

	March 2005		March 2004		% Change
Revenue Passenger Miles (000)		2,144,822		1,961,170		9.4
Available Seat Miles (000)		2,596,012		2,560,161		1.4
Load Factor (percent)		82.6		76.6	6.0 pts.
Enplanements		1,930,232		1,801,631		7.1

	YTD 2005		YTD 2004		% Change
Revenue Passenger Miles (000)		5,671,382		5,306,077		6.9
Available Seat Miles (000)		7,301,161		7,351,729		(0.7	)
Load Factor (percent)		77.7		72.2	5.5 pts.
Enplanements		5,172,831		4,897,549		5.6

     Also for March, the airline will report to the Department of Transportation that its domestic on-time performance was 81.8 percent and its completion factor was 99.0 percent.

     For additional information regarding the airline’s current cost per available seat mile (CASM) guidance, fuel hedging positions, and estimated capital expenditures for 2005, please visit the investor relations update, which is located in the “About AWA” section of the airline’s Web site at www.americawest.com. The investor relations update page also includes current distribution percentages (information on the airline’s distribution channels) and fleet plan through 2007 .

     Approximately 60,000 customers upgrade their low-fare experience every day when they get on board America West. The airline’s 13,500 employees are proud to offer a range of services including more destinations than any other low-cost carrier, first-class cabins, assigned seating, airport clubs and an award-winning frequent flyer program. America West operates more than 900 flights daily to 95 destinations in the U.S., Canada, Mexico and Costa Rica. This press release and additional information on America West can be accessed at www.americawest.com. (AWAT)

This press release contains forward-looking statements within the meaning of the Private Securities Litigation
Reform Act of 1995 that involve risks and uncertainties that could cause America West’s actual results and
financial position to differ materially from these statements. These forward looking statements may be
identified by words such as “anticipate,” “believe,” “estimate,” “expect,” “may,” “will,” “intend,” “plan,” “predict,”
and similar terms used in connection with statements regarding our outlook, expected fuel costs, the RASM
environment, and our expected 2005 financial performance. The risks and uncertainties relating to forward
looking statements include, but are not limited to, the duration and extent of the current soft economic
conditions; the impact of global instability including the continuing impact of the continued military presence in
Iraq and Afghanistan and the terrorist attacks of Sept. 11, 2001 and the potential impact of future hostilities,
terrorist attacks, infectious disease outbreaks or other global events; limitations on our ability to obtain
additional financing due to high levels of debt and the financial and other covenants in our debt instruments;
changes in federal and state laws and regulations; changes in prevailing interest rates and the availability of
and terms of financing to fund our business; the ability to attract and retain qualified personnel; the cyclical
nature of the airline industry; competitive practices in the industry, including significant fare restructuring
activities by major airlines; the impact of changes in fuel prices; relations with unionized employees generally
and the impact and outcome of the labor negotiations and other factors described from time to time in the
company’s publicly available SEC reports. We caution you that these risks may not be exhaustive. We
operate in a continually changing business environment, and new risks emerge from time to time. The
company undertakes no obligation to publicly update any forward-looking statement to reflect events or
circumstances that may arise after the date of this press release.

-AWA-