American Airlines (AAL) August Traffic Declines 2.8%, Capacity Up 1.4%
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American Airlines Group Reports August Traffic
September 12, 2016 8:00 AM EDTFORT WORTH, Texas, Sept. 12, 2016 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ: AAL) today reported August and year-to-date 2016 traffic results.
American Airlines Groups total revenue passenger miles (RPMs) were 20.4 billion, down 2.8 percent versus August 2015. Total capacity was 24.7 billion available seat miles (ASMs), up 1.4 percent versus August 2015. Total passenger load factor was 82.9 percent, down 3.6 percentage points versus August 2015.
The Company continues to expect its third quarter 2016 total revenue per available seat mile to be down approximately 3.0 to 5.0 percent year-over-year. In addition, the Company continues to expect its third quarter pretax margin excluding special... More
