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17-Dec-2010 11:59 AM

AMR Corp targets 7.5% increase in unit revenue in 4Q2010

AMR Corp, parent of American Airlines, stated (16-Dec-2010) it expects to end 4Q2010 with a cash and short-term investment balance of USD4.8 billion. The company also released the following traffic and financial forecast:

  • 4Q2010 forecast:
    • Cargo and other revenue: +3.6% to +4.6% year-on-year;
    • Passenger traffic (RPMs):
      • Mainline: 31,131 million;
      • Regional: 2382 million;
    • Capacity (ASMs):
      • Mainline: 38,187 million;
        • Domestic: 23,078 million;
        • International: 15,109 million;
      • Regional: 3247 million;
    • Revenue per ASM: +6.5% to +7.5%;
      • Mainline: +6.5% to +7.5%;
    • Cost per ASM: USD 13.34 cents;
      • Mainline: USD 12.74 cents;
  • FY2010 forecast:
    • Passenger traffic (RPMs):
      • Mainline: 125,593 million;
      • Regional: 8828 million;
    • Capacity (ASMs):
      • Mainline: 153,387 million;
        • Domestic: 93,153 million;
        • International: 60,234 million;
      • Regional: 12,211 million;
    • Cost per ASM:
      • Mainline: USD 13.21 cents;
      • Regional: USD 12.61 cents. [more]

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