American Airlines Group pax numbers stable at 14m in Feb-2016, cargo traffic down 1%

American Airlines Group reports (08-Mar-2016) the following consolidated traffic highlights in Feb-2016:

• Passenger numbers: 14.4 million, +3.6% year-on-year;
• Revenue passenger miles: +4.7%;
• • Domestic: +5.3%;
  • International: +3.2%;
  • Europe: -2.9%;
  • Latin America: -2.2%;
  • Asia Pacific: +34.4%;
• Passenger load factor: 77.0%, -2.3 ppts;
• • Domestic: 81.3%, -2.1 ppts;
  • International: 70.5%, -2.3 ppt;
  • Europe: 59.5%, -3.9 ppts;
  • Latin America: 74.0%, -2.3 ppts;
  • Asia Pacific: 79.8%, -1.3 ppts;
• Cargo traffic: -1.2%. [more - original PR]

American Airlines Group: "The Company continues to expect its first quarter 2016 consolidated passenger revenue per available seat mile (PRASM) to be down approximately six to eight percent year-over-year. In addition, the Company continues to expect its first quarter pretax margin excluding special items to be between 12 and 14 percent." Source: Company statement, 08-Mar-2016.