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American Airlines (AMR) Reports Decline in November Traffic

December 3, 2008 7:19 AM EST
American Airlines (NYSE: AMR) reported a November load factor of 76.6%, a decline of 4.6 points versus the same period last year. Traffic decreased 14.5% and capacity decreased 9.3% year over year.

Domestic traffic decreased 19.3% year over year on 15% less capacity. International traffic decreased by 5.4% relative to last year on a capacity increase of 1.3%.

American Eagle reported a November load factor of 67.3% -- down 4.8 points compared to the same period last year. Traffic decreased 21.5% year over year as capacity decreased 15.9%.

AMR Corporation (AMR) operates primarily in the airline industry through its principal subsidiary, American Airlines, Inc. (American). American is a scheduled passenger airline.[SM]

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