2014

AMR Corporation Reports July 2012 Revenue and Traffic Results Consolidated Passenger Unit Revenue (PRASM) Increased 4.7 percent

FORT WORTH, Texas, Aug. 8, 2012 /PRNewswire/ -- AMR Corporation today reported July 2012 consolidated revenue and traffic results for its principal subsidiary, American Airlines, Inc., and its wholly owned subsidiary, AMR Eagle Holding Corporation.

July's consolidated passenger revenue per available seat mile (PRASM) increased an estimated 4.7 percent versus the same period last year, driven by stronger yield and solid demand in domestic and international markets.

Consolidated capacity and traffic were both lower by 2.2 percent year-over-year, resulting in a July consolidated load factor of 87.0 percent, which is comparable to the same period last year.

International load factor increased 0.5 points to 87.1 percent, as capacity and traffic were 1.9 and 1.4 percent lower year-over-year respectively.  The Pacific entity recorded a load factor of 86.6 percent, leading the international entities with a 5.1 point load factor increase.

Domestic traffic was 2.9 percent lower on 2.6 percent less capacity, resulting in a domestic load factor of 88.2 percent, 0.3 points lower than the same period last year.

On a consolidated basis, the Company boarded 9.9 million passengers in July.

The Company's Results Are Detailed Below:

AMR PRELIMINARY RESULTS SUMMARY



July 2012 consolidated year-over-year PRASM change

4.7%

July 2011 consolidated PRASM (cents/ASM)

13.41

July 2012 consolidated fuel price including effective hedges & taxes (dollars/gallon)

$2.97



AMR TRAFFIC SUMMARY

EXCLUDES CHARTER SERVICES




JULY

Year-to-Date



2012

2011

Change

2012

2011

Change

REVENUE PASSENGER MILES (000)









Domestic

6,952,217

7,158,918

(2.9)

%

44,553,880

44,820,234

(0.6)

%


International

4,945,490

5,015,534

(1.4)


29,869,008

29,289,693

2.0



   Atlantic

1,960,459

2,027,474

(3.3)


10,568,638

10,830,947

(2.4)



   Latin America

2,310,245

2,282,258

1.2


14,893,322

14,486,764

2.8



   Pacific

674,786

705,802

(4.4)


4,407,047

3,971,982

11.0













Mainline

11,897,707

12,174,452

(2.3)


74,422,887

74,109,927

0.4



Regional

925,312

930,865

(0.6)


5,976,462

5,647,769

5.8



Consolidated

12,823,019

13,105,316

(2.2)


80,399,349

79,757,696

0.8












AVAILABLE SEAT MILES (000)









Domestic

7,881,275

8,087,960

(2.6)

%

53,038,101

54,034,284

(1.8)

%


International

5,680,055

5,791,087

(1.9)


36,699,259

36,899,135

(0.5)



   Atlantic

2,230,614

2,296,422

(2.9)


12,938,041

13,851,910

(6.6)



   Latin America

2,670,680

2,629,001

1.6


18,427,007

17,896,484

3.0



   Pacific

778,761

865,664

(10.0)


5,334,211

5,150,741

3.6













Mainline

13,561,330

13,879,047

(2.3)


89,737,360

90,933,419

(1.3)



Regional

1,176,085

1,190,839

(1.2)


7,948,394

7,750,582

2.6



Consolidated

14,737,415

15,069,886

(2.2)


97,685,754

98,684,001

(1.0)












LOAD FACTOR









Domestic

88.2

88.5

(0.3)

Pts

84.0

82.9

1.1

Pts


International

87.1

86.6

0.5


81.4

79.4

2.0



   Atlantic

87.9

88.3

(0.4)


81.7

78.2

3.5



   Latin America

86.5

86.8

(0.3)


80.8

80.9

(0.1)



   Pacific

86.6

81.5

5.1


82.6

77.1

5.5













Mainline

87.7

87.7

0.0


82.9

81.5

1.4



Regional

78.7

78.2

0.5


75.2

72.9

2.3



Consolidated

87.0

87.0

0.0


82.3

80.8

1.5












PASSENGERS BOARDED









Mainline

7,981,690

8,185,818

(2.5)

%

51,106,830

50,492,115

1.2

%


Regional

1,937,805

1,966,854

(1.5)


12,534,303

12,178,856

2.9



Consolidated

9,919,495

10,152,672

(2.3)


63,641,133

62,670,971

1.5












SYSTEM CARGO TON MILES (000)









Total

145,833

153,421

(4.9)

%

1,046,445

1,051,270

(0.5)

%

Note: Regional data is inclusive of American Eagle®, Executive Airlines®, and AmericanConnection®

Cautionary Statement Regarding Forward-Looking Statements and Information

This news release could be viewed as containing forward-looking statements or information. Actual results may differ materially from the results suggested by the statements and information contained herein for a number of reasons, including, but not limited to, the impact of the bankruptcy filings of the Company and certain of its U.S. subsidiaries, the Company's ability to refinance, extend or repay its near and intermediate term debt, the Company's substantial level of indebtedness and related interest rates, the potential impact of volatile and rising fuel prices, impairments and restructuring charges. The Company cannot predict what the ultimate value of any of its securities may be or whether holders of any such securities will receive any distribution in the Company's reorganization. However, it is likely that the Company's common stock will have little or no value at the time of the Company's emergence from bankruptcy, and the common stock could be canceled entirely upon the approval of the Bankruptcy Court. In the event of such cancellation, amounts invested in the Company's common stock will not be recoverable. Accordingly, the Company urges that caution be exercised with respect to existing and future investments in any of these securities (including the Company's common stock) or other Company claims. Readers are referred to the documents filed by the Company with the Securities and Exchange Commission, including the Company's Form 10-K for the period ended December 31, 2011, which further identify the important risk factors that could cause actual results to differ materially from the forward-looking statements in this news release. The Company disclaims any obligation to update any forward-looking statement or information.

About American Airlines

American Airlines, American Eagle® and the AmericanConnection® carrier serve 260 airports in more than 50 countries and territories with, on average, more than 3,500 daily flights. The combined network fleet numbers more than 900 aircraft. American's award-winning website, AA.com®, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld® alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members and members-elect serve more than 900 destinations with more than 9,000 daily flights to 150 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AmericanAirlines, American Eagle, AmericanConnection, AA.com, and AAdvantage are trademarks of American Airlines, Inc. AMR Corporation common stock trades under the symbol "AAMRQ" on the OTCQB marketplace, operated by OTC Markets Group.

Current AMR Corp. news releases can be accessed at http://www.aa.com

SOURCE AMR Corporation



RELATED LINKS
http://www.aa.com

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