American Airlines Group reports record April traffic results

Eleanor Steed
By Eleanor Steed May 10, 2017 10:07

American Airlines Group reports record April traffic results

American Airlines Group’s total revenue passenger miles (RPMs) were a record 18.6 billion in April, up 3.1 percent versus April 2016. Total capacity was 22.6 billion available seat miles (ASMs), up 0.8 percent versus April 2016. Total passenger load factor was 82.2 percent, up 1.8 percentage points versus April 2016.

American expects its second quarter 2017 total revenue per available seat mile (TRASM) to be up approximately 3.5 percent to 5.5 percent year-over-year. In addition, the airline group expects its second quarter pre-tax margin1 excluding special items to be between 12 percent and 14 percent. TRASM has improved from prior guidance of up between 3.0 percent and 5.0 percent and pre-tax margin has improved from prior guidance of 11 percent to 13 percent due primarily to improving yields and lower estimated fuel prices.

Eleanor Steed
By Eleanor Steed May 10, 2017 10:07