AMR Corp (AAMRQ) Consolidated PRASM Up About 11.6% in April
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AMR Corporation, (OTCBB: AAMRQ) reported April 2012 consolidated revenue and traffic results for its principal subsidiary, American Airlines, Inc. and its wholly-owned subsidiary, AMR Eagle Holding Corporation.
April's consolidated passenger revenue per available seat mile (PRASM) increased an estimated 11.6 percent compared to the prior year period, driven by high load factors and a strong yield environment.
The Company reported an April consolidated load factor of 82.9 percent, an increase of 2.5 points versus the same period last year. Consolidated traffic and capacity were lower by 0.2 percent and 3.2 percent year-over-year, respectively.
International traffic increased 1.8 percent relative to last year, on 2.8 percent lower capacity, resulting in an international load factor of 81.7 percent, an increase of 3.7 points versus April of last year.
Domestic load factor was 84.8 percent, an increase of 1.6 points year-over-year. Domestic capacity and traffic were 4.1 percent and 2.2 percent lower year-over-year, respectively.
April's consolidated passenger revenue per available seat mile (PRASM) increased an estimated 11.6 percent compared to the prior year period, driven by high load factors and a strong yield environment.
The Company reported an April consolidated load factor of 82.9 percent, an increase of 2.5 points versus the same period last year. Consolidated traffic and capacity were lower by 0.2 percent and 3.2 percent year-over-year, respectively.
International traffic increased 1.8 percent relative to last year, on 2.8 percent lower capacity, resulting in an international load factor of 81.7 percent, an increase of 3.7 points versus April of last year.
Domestic load factor was 84.8 percent, an increase of 1.6 points year-over-year. Domestic capacity and traffic were 4.1 percent and 2.2 percent lower year-over-year, respectively.
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