American Airlines (AAL) April Traffic Increases 3.1%, Capacity Up 0.8%
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American Airlines Group Reports Record April Traffic Results
May 9, 2017 8:00 AM EDTFORT WORTH, Texas, May 09, 2017 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ: AAL) today reported April and year-to-date 2017 traffic results.
American Airlines Groups 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 margin1Â excluding special... More
