11-Nov-2013 12:41 PM

AMR Corporation Reports October 2013 Revenue And Traffic Results

Direct News Source

AMR Corporation reported October 2013 consolidated revenue and traffic results for its principal subsidiary, American Airlines, Inc., and its wholly owned subsidiary, AMR Eagle Holding Corporation.

October's consolidated passenger revenue per available seat mile (PRASM) increased an estimated 6.6 percent versus the same period last year. This result was impacted by the government shutdown, which led to a reduction of approximately $20 million in revenue and 1.1 percentage points in PRASM. Separately, the year-over-year PRASM comparison was aided by 2.7 percentage points from reduced revenues in October 2012 associated with operational disruptions that impacted bookings last year.

Consolidated capacity and traffic were 4.3 percent and 4.4 percent higher year-over-year, respectively, resulting in a consolidated load factor of 82.4 percent, 0.1 points above the same period last year.

Domestic traffic was 3.5 percent higher year-over-year on 3.9 percent more capacity, resulting in a domestic load factor of 83.6 percent, 0.3 points lower compared to the same period last year.

International load factor of 82.0 percent was 0.7 points higher year-over-year, as traffic increased 5.0 percent on 4.1 percent more capacity. The Atlantic entity recorded the highest load factor of 86.5 percent, an increase of 3.7 points versus October 2012.

On a consolidated basis, the company boarded 9.2 million passengers in October.

The Company's Results Are Detailed Below:

AMR Preliminary Results Summary
October 2013 consolidated PRASM (cents/ASM)	13.40
October 2013 consolidated year-over-year PRASM change	6.6%
October 2013 consolidated fuel price including effective hedges & taxes (dollars/gallon)	$3.10

AMR TRAFFIC SUMMARY
INCLUDES CHARTER SERVICES

		OCTOBER					Year-to-Date
		2013		2012	Change		2013	2012	Change
REVENUE PASSENGER MILES (000)
	Domestic		6,258,351	6,045,237	3.5	%	63,183,804	63,037,483	0.2	%
	International		4,405,568	4,195,133	5.0		44,547,996	43,051,395	3.5
	Atlantic		1,756,927	1,658,892	5.9		15,748,992	15,973,975	(1.4)
	Latin America		1,989,737	1,896,584	4.9		22,120,313	20,748,185	6.6
	Pacific		658,905	639,657	3.0		6,678,691	6,329,235	5.5

	Mainline		10,663,919	10,240,370	4.1		107,731,800	106,088,878	1.5
	Regional		932,422	863,597	8.0		8,736,995	8,566,951	2.0
	Consolidated		11,596,342	11,103,967	4.4		116,468,796	114,655,829	1.6

AVAILABLE SEAT MILES (000)
	Domestic		7,482,411	7,199,731	3.9	%	74,676,256	75,046,717	(0.5)	%
	International		5,374,267	5,161,520	4.1		54,378,040	52,476,646	3.6
	Atlantic		2,030,058	2,001,718	1.4		18,644,354	19,235,466	(3.1)
	Latin America		2,512,257	2,387,634	5.2		27,633,202	25,596,714	8.0
	Pacific		831,953	772,169	7.7		8,100,484	7,644,466	6.0

	Mainline		12,856,678	12,361,251	4.0		129,054,296	127,523,363	1.2
	Regional		1,215,504	1,135,960	7.0		11,584,857	11,384,252	1.8
	Consolidated		14,072,182	13,497,211	4.3		140,639,153	138,907,615	1.2

LOAD FACTOR
	Domestic		83.6	84.0	(0.3)	Pts	84.6	84.0	0.6	Pts
	International		82.0	81.3	0.7		81.9	82.0	(0.1)
	Atlantic		86.5	82.9	3.7		84.5	83.0	1.4
	Latin America		79.2	79.4	(0.2)		80.0	81.1	(1.0)
	Pacific		79.2	82.8	(3.6)		82.4	82.8	(0.3)

	Mainline		82.9	82.8	0.1		83.5	83.2	0.3
	Regional		76.7	76.0	0.7		75.4	75.3	0.2
	Consolidated		82.4	82.3	0.1		82.8	82.5	0.3

PASSENGERS BOARDED
	Mainline		7,240,186	6,957,440	4.1	%	72,968,210	72,350,244	0.9	%
	Regional		1,948,124	1,829,188	6.5		18,185,165	18,022,096	0.9
	Consolidated		9,188,310	8,786,628	4.6		91,153,375	90,372,340	0.9

SYSTEM CARGO TON MILES (000)
	Total	167,881		141,532	18.6	%	1,498,490	1,466,897	2.2	%