American Airlines parent reports operating profit in 2Q2013 and 1H2013

AMR Corporation revenue stable - financial highlights:

• Three months ended 30-Jun-2013:
• • Total operating revenue: USD6449 million, stable year-on-year;
  • Total operating costs: USD5960 million, -5.5%;
  • • Fuel: USD2139 million, -3.2%;
    • Labour: USD1450 million, -18.4%;
  • Operating profit: USD489 million, +244%;
  • Net profit: USD220 million, compared to a loss of USD241 million in p-c-p;
  • Passenger traffic (RPMs): +0.8%;
  • Passenger load factor: 84.2%, -0.3 ppt;
  • Passenger yield: USD 15.87 cents, -0.5%;
  • Passenger revenue per ASM: USD 13.36 cents, -0.9%;
  • Cargo yield: USD 35.57 cents, -7.1%;
• Six months ended 30-Jun-2013:
• • Total operating revenue: USD12,547 million, +0.5%;
  • Total operating costs: USD12,007 million, -3.5%;
  • • Fuel: USD4339 million, -0.8%;
    • Labour: USD2934 million, -17.6%;
  • Operating profit: USD540 million, +919%;
  • Net profit (loss): (USD122 million), compared to a loss of USD1900 million in p-c-p;
  • Passenger traffic (RPMs): +0.7%;
  • Passenger load factor: 82.1%, +0.6 ppt;
  • Passenger yield: USD 16.06 cents, stable;
  • Passenger revenue per ASM: USD 13.19 cents, +0.8%;
  • Cargo yield: USD 36.57 cents, -3.9%. [more - original PR]

AMR Corporation: "American delivered its best financial performance for a second quarter, excluding special items, in the company's history. And the momentum is building as we plan for the impending merger with US Airways," Tom Horton, Chairman, President and CEO. Source: Company statement, 18-Jul-2013.