AMR Corp (AAMRQ) Swings to Net Profit of $95M in Q2; Revs Up 5.5%

July 18, 2012 7:17 AM EDT
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AMR Corporation (OTCBB: AAMRQ) Q2 revs rose 5.5% to $6.5 billion.

Net profit, ex items, improved $381 million to $95 million.

AMR incurred a net loss of $241 million compared to a net loss of $286 million in the same period of 2011.

Consolidated passenger revenue per available seat mile (unit revenue) grew 9.1 percent compared to the second quarter of 2011, and mainline passenger unit revenue increased 8.7 percent.
  • Consolidated passenger yield, representing average fares paid, increased 7.1 percent year-over-year in the second quarter of 2012, and mainline passenger yield increased 6.8 percent.

  • Mainline capacity, or total available seat miles, in the second quarter of 2012 decreased 2.4 percent compared to the same period in 2011.

  • American's second quarter 2012 mainline load factor, or the percentage of total seats filled, was 85.1 percent - a record for any quarter.

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