American Airlines (AAL) Reports July Traffic Down 0.3%

August 9, 2016 8:11 AM EDT

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American Airlines Group (NASDAQ: AAL) today reported July and year-to-date 2016 traffic results.

American Airlines Group’s total revenue passenger miles (RPMs) were 21.7 billion, down 0.3 percent versus July 2015. Total capacity was 25.5 billion available seat miles (ASMs), up 2.3 percent versus July 2015. Total passenger load factor was 85.2 percent, down 2.1 percentage points versus July 2015.

The Company expects 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 July 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
July Year to Date
20162015Change 20162015Change
Revenue Passenger Miles (000)
Domestic 12,205,646 12,311,374 (0.9)% 76,013,666 75,066,344 1.3 %
Atlantic 3,177,440 3,322,743 (4.4)% 15,857,451 16,315,606 (2.8)%
Latin America 2,841,796 3,010,487 (5.6)% 18,317,507 18,763,461 (2.4)%
Pacific 1,209,681 939,672 28.7 % 7,393,165 5,919,756 24.9 %
International 7,228,917 7,272,902 (0.6)% 41,568,123 40,998,823 1.4 %
Mainline 19,434,563 19,584,276 (0.8)% 117,581,790 116,065,167 1.3 %
Regional 2,276,885 2,191,846 3.9 % 14,236,057 13,721,610 3.7 %
Total Revenue Passenger Miles 21,711,448 21,776,122 (0.3)% 131,817,847 129,786,777 1.6 %
Available Seat Miles (000)
Domestic 13,962,902 13,703,223 1.9 % 89,206,840 87,696,579 1.7 %
Atlantic 3,956,752 3,963,841 (0.2)% 21,526,911 21,285,154 1.1 %
Latin America 3,380,852 3,544,646 (4.6)% 23,330,138 24,032,630 (2.9)%
Pacific 1,399,944 1,084,720 29.1 % 8,870,779 7,055,243 25.7 %
International 8,737,548 8,593,207 1.7 % 53,727,828 52,373,027 2.6 %
Mainline 22,700,450 22,296,430 1.8 % 142,934,668 140,069,606 2.0 %
Regional 2,796,000 2,635,239 6.1 % 18,376,768 17,052,676 7.8 %
Total Available Seat Miles 25,496,450 24,931,669 2.3 % 161,311,436 157,122,282 2.7 %
Load Factor (%)
Domestic 87.4 89.8 (2.4)pts 85.2 85.6 (0.4)pts
Atlantic 80.3 83.8 (3.5)pts 73.7 76.7 (3.0)pts
Latin America 84.1 84.9 (0.8)pts 78.5 78.1 0.4 pts
Pacific 86.4 86.6 (0.2)pts 83.3 83.9 (0.6)pts
International 82.7 84.6 (1.9)pts 77.4 78.3 (0.9)pts
Mainline 85.6 87.8 (2.2)pts 82.3 82.9 (0.6)pts
Regional 81.4 83.2 (1.8)pts 77.5 80.5 (3.0)pts
Total Load Factor 85.2 87.3 (2.1)pts 81.7 82.6 (0.9)pts
Enplanements
Mainline 13,598,779 13,968,670 (2.6)% 85,844,714 85,742,920 0.1 %
Regional 4,999,030 5,064,691 (1.3)% 31,618,817 31,683,976 (0.2)%
Total Enplanements 18,597,809 19,033,361 (2.3)% 117,463,531 117,426,896 - %
System Cargo Ton Miles (000) 201,356 190,501 5.7 % 1,354,320 1,338,042 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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