23-Mar-2010 1:22 PM

AMR Corp expects unit revenue to increase by up to 7.8% in 1Q2010

AMR Corp, parent of American Airlines, expects (22-Mar-2010) consolidated unit revenue to increase between 6.8% and 7.8% for the three months ended 31-Mar-2010. AMR Corp provided the following forecasts for 1Q2010 and FY2010:

  • 1Q2010:
    • Unit Revenue: USD+6.8% to +7.8% year-on-year;
      • Mainline: +6.5% to +7.5%;
      • Cargo and other: +4.1% to +5.1%;
    • Cost per ASM: USD 13.61 cents;
      • Mainline: USD 12.96 cents;
    • Cost per ASM excl fuel and special items: USD 9.69 cents;
      • Mainline: USD 9.16 cents;
    • Mainline traffic (RPMs): 28,629 million;
    • Mainline capacity (ASMs): 36,763 million;
  • FY2010:
    • Cost per ASM: USD 13.24 cents;
      • Mainline: USD 12.63 cents;
    • Cost per ASM excl fuel and special items: USD 9.31 cents;
      • Mainline: USD 8.85 cents;
    • Mainline traffic (RPMs): 124,817 million;
    • Mainline capacity (ASMs): 153,276 million.

AMR Corp expects to report a cash and short-term investment balance of USD4.9 billion, including USD460 million in restricted cash and short-term investments, at the end of 1Q2010. [more]

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More