American Airlines (AAL) April Traffic Increases 3.1%, Capacity Up 0.8%

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 8/27/2026

1. NVDA
2. OKTA
3. CRM
4. CRWD
5. VEEV
6. P
7. KKR
8. HPQ
9. NTNX
10. SNPS

May 9, 2017 8:18 AM EDT

American Airlines Group (NASDAQ: AAL) today reported April and year-to-date 2017 traffic results.

American Airlines Group’s total revenue passenger miles (RPMs) were a record 18.6 billion, up 3.1 percent versus April 2016. Total capacity was 22.6 billion available seat miles (ASMs), up 0.8 percent versus April 2016. Total passenger load factor was 82.2 percent, up 1.8 percentage points versus April 2016.

The Company expects its second quarter 2017 total revenue per available seat mile (TRASM) to be up approximately 3.5 percent to 5.5 percent year-over-year. In addition, the Company expects its second quarter pre-tax margin1 excluding special items to be between 12 percent and 14 percent. TRASM has improved from prior guidance of up between 3.0 percent and 5.0 percent and pre-tax margin has improved from prior guidance of 11 percent to 13 percent due primarily to improving yields and lower estimated fuel prices.

The following summarizes American Airlines Group traffic results for the month ended April 30, 2017, and April 30, 2016, 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
April Year to Date
20172016Change 20172016Change
Revenue Passenger Miles (000)
Domestic10,313,04410,395,534(0.8)% 39,843,46140,786,063(2.3)%
Atlantic2,449,8582,165,45313.1 % 6,949,6876,966,610(0.2)%
Latin America2,550,0162,454,6993.9 % 10,039,89110,509,077(4.5)%
Pacific 1,249,979 978,650 27.7 % 4,940,364 3,952,870 25.0 %
International 6,249,853 5,598,802 11.6 % 21,929,942 21,428,557 2.3 %
Mainline 16,562,89715,994,3363.6 % 61,773,40362,214,620(0.7)%
Regional 2,026,366 2,034,438 (0.4)% 7,799,370 7,585,050 2.8 %
Total Revenue Passenger Miles 18,589,263 18,028,774 3.1 % 69,572,773 69,799,670 (0.3)%
Available Seat Miles (000)
Domestic12,076,07812,276,157(1.6)% 47,880,62148,819,072(1.9)%
Atlantic3,032,8283,064,560(1.0)% 9,448,2229,957,702(5.1)%
Latin America3,279,0053,229,9691.5 % 13,053,47813,710,201(4.8)%
Pacific 1,565,678 1,209,183 29.5 % 6,134,903 4,856,996 26.3 %
International 7,877,511 7,503,712 5.0 % 28,636,603 28,524,899 0.4 %
Mainline 19,953,58919,779,8690.9 % 76,517,22477,343,971(1.1)%
Regional 2,649,605 2,644,894 0.2 % 10,427,440 10,144,529 2.8 %
Total Available Seat Miles 22,603,194 22,424,763 0.8 % 86,944,664 87,488,500 (0.6)%
Load Factor (%)
Domestic85.484.70.7 pts83.283.5(0.3)pts
Atlantic80.870.710.1 pts73.670.03.6 pts
Latin America77.876.01.8 pts76.976.70.2 pts
Pacific79.880.9(1.1)pts80.581.4(0.9)pts
International79.374.64.7 pts76.675.11.5 pts
Mainline 83.080.92.1 pts80.780.40.3 pts
Regional76.576.9(0.4)pts74.874.8- pts
Total Load Factor82.280.41.8 pts80.079.80.2 pts
Enplanements
Mainline12,067,20311,870,4871.7 % 45,822,26846,417,485(1.3)%
Regional 4,466,202 4,531,972 (1.5)% 17,071,499 16,899,537 1.0 %
Total Enplanements16,533,40516,402,4590.8 % 62,893,76763,317,022(0.7)%
System Cargo Ton Miles (000)226,665202,47311.9 % 845,826745,88913.4 %
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.


Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Corporate News, Guidance

Related Entities

Twitter