American reports April traffic

Dino D'Amore
By Dino D'Amore May 11, 2016 20:19

American reports April traffic

American Airlines Group’s total revenue passenger miles (RPMs) were 18.0 billion, down 0.2% during April 2016 compared to April 2015. Total capacity was 22.4 billion available seat miles (ASMs), up 1.3% versus April 2015. Total passenger load factor was 80.4% percent, down 1.2 percentage points versus April 2015.

American Airlines continues to expect its second quarter 2016 consolidated passenger revenue per available seat mile (PRASM) to be down approximately 6 to 8 percent year-over-year. In addition, the airline continues to expect its second quarter pretax margin excluding special items to be between 14 and 16 percent.

American’s load factor was down 1.2 percentage points to 80.4% full. Total capacity rose 1.3% compared to the period a year ago.

Dino D'Amore
By Dino D'Amore May 11, 2016 20:19