American Airlines Group reports strong profit growth in 2Q2014

American Airlines Group revenue up 10% - financial highlights:

• Three months ended 30-Jun-2014:
• • Total operating revenue: USD11,355 million, +10.2% year-on-year;
  • Total operating costs: USD9956 million, +7.0%;
  • • Fuel: USD2830 million, +2.8%;
    • Labour: USD2163 million, +10.2%;
  • Operating profit: USD1399 million, +41.2%;
  • Net profit: USD864 million, +70.4%;
  • Passenger numbers: 54.5 million, +3.0%;
  • Passenger load factor: 84.0%, -0.5 ppt;
  • Passenger yield: USD 17.34 cents, +6.5%;
  • Passenger revenue per ASM: USD 14.57 cents, +5.9%;
  • Total revenue per ASM: USD 16.68 cents, +6.9%;
  • Cargo yield: USD 37.16 cents, +1.6%;
  • Operating cost per ASM: USD 14.62 cents, +3.7%;
• Six months ended 30-Jun-2014:
• • Total operating revenue: USD21,351 million, +8.0%;
  • Total operating costs: USD19,222, +3.3%;
  • • Fuel: USD5541 million, -0.1%;
    • Labour: USD4282 million, +11.4%;
  • Operating profit: USD2129 million, +82.9%;
  • Net profit: USD1343 million, +543%;
  • Passenger numbers: 98.0 million, +2.1%;
  • Passenger load factor: 82.2%, -0.4 ppt;
  • Passenger yield: USD 17.20 cents, +4.9%;
  • Passenger revenue per ASM: USD 14.13 cents, +4.5%;
  • Total revenue per ASM: USD 16.24 cents, +5.3%;
  • Cargo yield: USD 37.02 cents, -2.3%;
  • Operating cost per ASM: USD 14.62 cents, +0.7%;
  • Total assets: USD44,811 million;
  • Cash: USD1210 million;
  • Total liabilities: USD40,725 million. [more - original PR]