American Airlines (AAL) Load Factor Fell 2.6 Points in Oct. 2016; Sees Q4 TRASM Down 0.5% - 2.5%
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American Airlines Group Reports October Traffic
November 9, 2016 8:00 AM ESTFORT WORTH, Texas, Nov. 09, 2016 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ: AAL) today reported October and year-to-date 2016 traffic results.
American Airlines Groups total revenue passenger miles (RPMs) were 18.4 billion, down 2.6 percent versus October 2015. Total capacity was 22.3 billion available seat miles (ASMs), up 0.4 percent versus October 2015. Total passenger load factor was 82.6 percent, down 2.6 percentage points versus October 2015.
The Company expects its fourth quarter 2016 total revenue per available seat mile (TRASM) to be down approximately 0.5 to 2.5 percent year-over-year. In addition, the Company expects its fourth quarter pre-tax margin excluding special... More
