AMR Corp. (AAMRQ) Says American's PRASM Rose 4.7% in July; Capacity, Traffic Down 2.2%
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AMR Corporation (OTCBB: AAMRQ) reported July 2012 consolidated revenue and traffic results for its principal subsidiary, American Airlines, Inc., and its wholly owned subsidiary, AMR Eagle Holding Corporation.
July's consolidated passenger revenue per available seat mile (PRASM) increased an estimated 4.7 percent versus the same period last year, driven by stronger yield and solid demand in domestic and international markets.
Consolidated capacity and traffic were both lower by 2.2 percent year-over-year, resulting in a July consolidated load factor of 87.0 percent, which is comparable to the same period last year.
International load factor increased 0.5 points to 87.1 percent, as capacity and traffic were 1.9 and 1.4 percent lower year-over-year respectively. The Pacific entity recorded a load factor of 86.6 percent, leading the international entities with a 5.1 point load factor increase.
Domestic traffic was 2.9 percent lower on 2.6 percent less capacity, resulting in a domestic load factor of 88.2 percent, 0.3 points lower than the same period last year.
On a consolidated basis, the Company boarded 9.9 million passengers in July.
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July's consolidated passenger revenue per available seat mile (PRASM) increased an estimated 4.7 percent versus the same period last year, driven by stronger yield and solid demand in domestic and international markets.
Consolidated capacity and traffic were both lower by 2.2 percent year-over-year, resulting in a July consolidated load factor of 87.0 percent, which is comparable to the same period last year.
International load factor increased 0.5 points to 87.1 percent, as capacity and traffic were 1.9 and 1.4 percent lower year-over-year respectively. The Pacific entity recorded a load factor of 86.6 percent, leading the international entities with a 5.1 point load factor increase.
Domestic traffic was 2.9 percent lower on 2.6 percent less capacity, resulting in a domestic load factor of 88.2 percent, 0.3 points lower than the same period last year.
On a consolidated basis, the Company boarded 9.9 million passengers in July.
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