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AMR Corporation Reports Record August Passenger Unit Revenue

Direct News Source

AMR Corporation Reports Record August Passenger Unit Revenue

09-Sep-2013

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

August's consolidated passenger revenue per available seat mile (PRASM) was a record high for the month, increasing an estimated 3.0 percent versus last year.

Consolidated capacity and traffic were 4.2 percent and 3.2 percent higher year-over-year, respectively, resulting in a consolidated load factor of 85.0 percent, 0.8 points below the same period last year.

Domestic traffic was 0.8 percent higher year-over-year on 1.7 percent more capacity, resulting in a domestic load factor of 86.4 percent, 0.8 points lower compared to the same period last year.

International load factor of 84.7 percent was 1.0 points lower year-over-year, as traffic increased 6.7 percent on 8.1 percent more capacity. The Atlantic entity recorded the highest load factor of 88.5 percent, an increase of 1.0 points versus August 2012.

On a consolidated basis, the company boarded 9.7 million passengers in August.

The Company's Results Are Detailed Below:

AMR Preliminary Results Summary

August 2013 consolidated PRASM (cents/ASM)*

13.77

August 2013 consolidated year-over-year PRASM change

3.0%

August 2013 consolidated fuel price including effective hedges & taxes (dollars/gallon)

$3.08

*Note: Previously, consolidated PRASM (cents/ASM) was quoted for the prior year period.

AMR TRAFFIC SUMMARY

INCLUDES CHARTER SERVICES

AUGUST

Year-to-Date

2013

2012

Change

2013

2012

Change

REVENUE PASSENGER MILES (000)

Domestic

6,793,145

6,740,990

0.8

%

51,200,788

51,298,060

(0.2)

%

International

5,022,484

4,705,622

6.7

35,798,359

34,596,998

3.5

Atlantic

1,910,947

1,931,832

(1.1)

12,181,520

12,500,470

(2.6)

Latin America

2,335,381

2,101,166

11.1

18,258,482

17,016,856

7.3

Pacific

776,156

672,625

15.4

5,358,357

5,079,672

5.5

Mainline

11,815,629

11,446,613

3.2

86,999,147

85,895,058

1.3

Regional

936,434

912,983

2.6

6,965,245

6,892,719

1.1

Consolidated

12,752,064

12,359,596

3.2

93,964,392

92,787,777

1.3

AVAILABLE SEAT MILES (000)

Domestic

7,863,587

7,729,102

1.7

%

60,057,835

60,771,551

(1.2)

%

International

5,929,160

5,487,282

8.1

43,756,172

42,218,154

3.6

Atlantic

2,158,680

2,208,420

(2.3)

14,586,332

15,146,460

(3.7)

Latin America

2,891,779

2,497,626

15.8

22,752,660

20,956,246

8.6

Pacific

878,701

781,237

12.5

6,417,179

6,115,448

4.9

Mainline

13,792,747

13,216,384

4.4

103,814,006

102,989,705

0.8

Regional

1,217,475

1,190,693

2.2

9,233,672

9,148,619

0.9

Consolidated

15,010,223

14,407,077

4.2

113,047,679

112,138,324

0.8

LOAD FACTOR

Domestic

86.4

87.2

(0.8)

Pts

85.3

84.4

0.8

Pts

International

84.7

85.8

(1.0)

81.8

81.9

(0.1)

Atlantic

88.5

87.5

1.0

83.5

82.5

1.0

Latin America

80.8

84.1

(3.4)

80.2

81.2

(1.0)

Pacific

88.3

86.1

2.2

83.5

83.1

0.4

Mainline

85.7

86.6

(0.9)

83.8

83.4

0.4

Regional

76.9

76.7

0.2

75.4

75.3

0.1

Consolidated

85.0

85.8

(0.8)

83.1

82.7

0.4

PASSENGERS BOARDED

Mainline

7,803,641

7,645,951

2.1

%

59,075,373

58,821,922

0.4

%

Regional

1,938,804

1,926,777

0.6

14,480,856

14,473,265

0.1

Consolidated

9,742,445

9,572,728

1.8

73,556,229

73,295,187

0.4

SYSTEM CARGO TON MILES (000)

Total

150,516

142,458

5.7

%

1,183,919

1,188,902

(0.4)

%

Notes: Regional data includes operations by wholly owned subsidiaries of AMR, and operations performed by third parties under executed air service agreements. All load factor and year-over-year change figures have been rounded to the nearest tenth. Beginning with the June 2013 traffic release, data includes charter services.