American Airlines Group pax numbers down 2% at 18.6m in Jul-2016, cargo traffic up 6%

American Airlines Group reports (09-Aug-2016) the following consolidated traffic highlights in Jul-2016:

• Passenger numbers: 18.6 million, -2.3% year-on-year;
• Revenue passenger miles: -0.3%;
• • Domestic: -0.9%;
  • International: -0.6%;
  • • Europe: -4.4%;
    • Latin America: -5.6%;
    • Asia Pacific: +28.7%;
• Passenger load factor: 85.2%, -2.1 ppts;
• • Domestic: 87.4%, -2.4 ppts;
  • International: 82.7%, -1.9 ppts;
  • • Europe: 80.3%, -3.5 ppts;
    • Latin America: 84.1%, -0.8 ppt;
    • Asia Pacific: 86.4%, -0.2 ppt;
• Cargo traffic: +5.7. [more - original PR]

American Airlines Group: "The Company expects 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 items1 to be between 12 and 14 percent." Source: Company statement, 09-Aug-2016.