2014

AMR Corporation Reports Record February Load Factor Consolidated Passenger Unit Revenue (PRASM) Increased 4.7 Percent

FORT WORTH, Texas, March 8, 2013 /PRNewswire/ -- AMR Corporation today reported February 2013 consolidated revenue and traffic results for its principal subsidiary, American Airlines, Inc., and its wholly owned subsidiary, AMR Eagle Holding Corporation.

(Logo: http://photos.prnewswire.com/prnh/20130208/DA56847LOGO)

Consolidated load factor in February was an all-time record high for the month, at 77.9 percent, 2.6 points higher versus the same period last year. Consolidated capacity and traffic were 4.4 percent and 1.1 percent lower year-over-year, respectively.

Domestic capacity and traffic were 5.0 percent and 1.3 percent lower year-over-year, respectively, resulting in a domestic load factor of 81.2 percent, 3.0 points higher compared to the same period last year.

International load factor of 74.6 percent was 2.2 points higher year-over-year, as traffic decreased 0.8 percent on 3.8 percent less capacity. The Pacific entity recorded the highest load factor of 78.1 percent, an increase of 7.6 points versus February 2012.  

February's consolidated passenger revenue per available seat mile (PRASM) increased an estimated 4.7 percent versus the same period last year. On a consolidated basis, the company boarded 7.9 million passengers in February.

The Company's Results Are Detailed Below:


AMR Preliminary Results Summary


February 2013 consolidated year-over-year PRASM change              

4.7%

February 2012 consolidated PRASM (cents/ASM)                           

11.85

February 2013 consolidated fuel price including effective hedges & taxes (dollars/gallon) 

$3.33

 

AMR TRAFFIC SUMMARY

EXCLUDES CHARTER SERVICES









FEBRUARY



Year-to-Date



2013

2012

Change


2013

2012

Change

REVENUE PASSENGER MILES (000)











Domestic

5,503,581

5,575,616

(1.3)

%


11,498,007

11,395,229

0.9

%


International

3,543,489

3,573,607

(0.8)



7,732,454

7,756,874

(0.3)



   Atlantic

894,047

1,004,061

(11.0)



1,999,743

2,190,717

(8.7)



   Latin America

2,129,049

2,056,965

3.5



4,613,569

4,441,814

3.9



   Pacific

520,393

512,581

1.5



1,119,141

1,124,343

(0.5)














Mainline

9,047,070

9,149,223

(1.1)



19,230,461

19,152,103

0.4



Regional

730,658

739,120

(1.1)



1,514,897

1,510,571

0.3



Consolidated

9,777,729

9,888,343

(1.1)



20,745,358

20,662,674

0.4













AVAILABLE SEAT MILES (000)











Domestic

6,779,031

7,135,337

(5.0)

%


14,277,684

14,600,639

(2.2)

%


International

4,750,567

4,936,034

(3.8)



10,023,001

10,207,208

(1.8)



   Atlantic

1,314,392

1,529,503

(14.1)



2,760,965

3,099,945

(10.9)



   Latin America

2,769,583

2,678,850

3.4



5,852,863

5,617,724

4.2



   Pacific

666,591

727,680

(8.4)



1,409,173

1,489,540

(5.4)














Mainline

11,529,598

12,071,371

(4.5)



24,300,685

24,807,847

(2.0)



Regional

1,015,184

1,051,296

(3.4)



2,150,990

2,197,749

(2.1)



Consolidated

12,544,782

13,122,666

(4.4)



26,451,674

27,005,596

(2.1)













LOAD FACTOR











Domestic

81.2

78.1

3.0

Pts

80.5

78.0

2.5

Pts


International

74.6

72.4

2.2



77.1

76.0

1.2



   Atlantic

68.0

65.6

2.4



72.4

70.7

1.8



   Latin America

76.9

76.8

0.1



78.8

79.1

(0.2)



   Pacific

78.1

70.4

7.6



79.4

75.5

3.9














Mainline

78.5

75.8

2.7



79.1

77.2

1.9



Regional

72.0

70.3

1.7



70.4

68.7

1.7



Consolidated

77.9

75.4

2.6



78.4

76.5

1.9













PASSENGERS BOARDED











Mainline

6,359,713

6,415,452

(0.9)

%


13,337,253

13,185,687

1.1

%


Regional

1,542,068

1,549,884

(0.5)



3,184,594

3,153,782

1.0



Consolidated

7,901,781

7,965,336

(0.8)



16,521,847

16,339,469

1.1













SYSTEM CARGO TON MILES (000)











Total

126,053

140,388

(10.2)

%


249,067

276,054

(9.8)

%












Note: Regional data includes operations by wholly owned subsidiaries of AMR, and operations performed by third parties under executed air service agreements.



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.  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, 2012, 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 focuses on providing an exceptional travel experience across the globe, serving more than 260 airports in more than 50 countries and territories. American's fleet of nearly 900 aircraft fly more than 3,500 daily flights worldwide from hubs in Chicago, Dallas/Fort Worth, Los Angeles, Miami and New York. American flies to nearly 100 international locations including important markets such as London, Madrid, Sao Paulo and Tokyo. With more than 500 new planes scheduled to join the fleet, including continued deliveries of the Boeing 737 family of aircraft and new additions such as the Boeing 777-300ER and the Airbus A320 family of aircraft, American is building toward the youngest and most modern fleet among major U.S. carriers. American's website, AA.com®, provides customers with easy access to check and book fares, and personalized news, information and travel offers. American's AAdvantage® program, one of the most popular frequent flyer programs in the world, lets members redeem miles for flights to almost 950 destinations worldwide, as well as flight upgrades, vacation packages, car rentals, hotel stays and other retail products. The airline also offers nearly 40 Admirals Club® locations worldwide providing comfort, convenience, and an environment with a full range of services making it easy for customers to stay productive without interruption. American is a founding member of the oneworld® alliance, which brings together some of the best and biggest airlines in the world, including global brands like British Airways, Cathay Pacific, Iberia Airlines, Japan Airlines, LAN and Qantas. Together, its members serve more than 900 destinations with more than 9,000 daily flights to 150 countries and territories. Connect with American on Twitter @AmericanAir or Facebook.com/AmericanAirlines. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AMR Corporation common stock trades under the symbol "AAMRQ" on the OTCQB marketplace, operated by OTC Markets Group.

 

 

SOURCE American Airlines



RELATED LINKS
http://www.aa.com

More by this Source


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.