American Airlines (AAL) August Traffic Declines 2.8%, Capacity Up 1.4%

September 12, 2016 8:01 AM EDT
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American Airlines Group (NASDAQ: AAL) today reported August and year-to-date 2016 traffic results.

American Airlines Group’s total revenue passenger miles (RPMs) were 20.4 billion, down 2.8 percent versus August 2015. Total capacity was 24.7 billion available seat miles (ASMs), up 1.4 percent versus August 2015. Total passenger load factor was 82.9 percent, down 3.6 percentage points versus August 2015.

The Company continues to expect its third quarter 2016 total revenue per available seat mile to be down approximately 3.0 to 5.0 percent year-over-year. In addition, the Company continues to expect its third quarter pretax margin excluding special items1 to be between 12 and 14 percent.

The following summarizes American Airlines Group traffic results for the month and year-to-date ended August 31, 2016, and 2015, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements.

1 American is unable to reconcile certain forward-looking projections to GAAP as the nature or amount of special items cannot be determined at this time

American Airlines Group Traffic Results
August Year to Date
20162015Change 20162015Change
Revenue Passenger Miles (000)
Domestic 11,373,008 11,815,594 (3.7)% 87,386,675 86,881,937 0.6 %
Atlantic 3,110,575 3,317,068 (6.2)% 18,968,026 19,632,674 (3.4)%
Latin America 2,577,382 2,773,193 (7.1)% 20,894,889 21,536,655 (3.0)%
Pacific 1,193,365 1,007,740 18.4 % 8,586,530 6,927,496 23.9 %
International 6,881,322 7,098,001 (3.1)% 48,449,445 48,096,825 0.7 %
Mainline 18,254,330 18,913,595 (3.5)% 135,836,120 134,978,762 0.6 %
Regional 2,188,605 2,110,350 3.7 % 16,424,662 15,831,961 3.7 %
Total Revenue Passenger Miles 20,442,935 21,023,945 (2.8)% 152,260,782 150,810,723 1.0 %
Available Seat Miles (000)
Domestic 13,400,360 13,332,449 0.5 % 102,607,200 101,029,029 1.6 %
Atlantic 3,937,567 3,960,115 (0.6)% 25,464,478 25,245,270 0.9 %
Latin America 3,125,968 3,302,085 (5.3)% 26,456,105 27,334,715 (3.2)%
Pacific 1,392,990 1,107,494 25.8 % 10,263,769 8,162,737 25.7 %
International 8,456,525 8,369,694 1.0 % 62,184,352 60,742,722 2.4 %
Mainline 21,856,885 21,702,143 0.7 % 164,791,552 161,771,751 1.9 %
Regional 2,799,096 2,602,087 7.6 % 21,175,862 19,654,766 7.7 %
Total Available Seat Miles 24,655,981 24,304,230 1.4 % 185,967,414 181,426,517 2.5 %
Load Factor (%)
Domestic 84.9 88.6 (3.7)pts 85.2 86.0 (0.8)pts
Atlantic 79.0 83.8 (4.8)pts 74.5 77.8 (3.3)pts
Latin America 82.5 84.0 (1.5)pts 79.0 78.8 0.2 pts
Pacific 85.7 91.0 (5.3)pts 83.7 84.9 (1.2)pts
International 81.4 84.8 (3.4)pts 77.9 79.2 (1.3)pts
Mainline 83.5 87.2 (3.7)pts 82.4 83.4 (1.0)pts
Regional 78.2 81.1 (2.9)pts 77.6 80.6 (3.0)pts
Total Load Factor 82.9 86.5 (3.6)pts 81.9 83.1 (1.2)pts
Enplanements
Mainline 12,737,141 13,363,729 (4.7)% 98,581,855 99,106,649 (0.5)%
Regional 4,860,107 4,901,891 (0.9)% 36,478,924 36,585,867 (0.3)%
Total Enplanements 17,597,248 18,265,620 (3.7)% 135,060,779 135,692,516 (0.5)%
System Cargo Ton Miles (000) 192,801 190,028 1.5 % 1,547,121 1,528,072 1.2 %
Notes:
1)Canada, Puerto Rico and U.S. Virgin Islands are included in the domestic results.
2)Latin America numbers include the Caribbean.
3)Regional includes wholly owned subsidiaries and operating results from capacity purchase carriers.



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