AMR Corporation Reports Record May Load Factor Consolidated Traffic Increased 0.8 Percent

FORT WORTH, Texas, June 7, 2013 /PRNewswire/ -- AMR Corporation today reported May 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/20130508/DA10566LOGO)

Consolidated load factor in May was an all-time record high for the month, at 84.0 percent, 0.4 points higher versus the same period last year. Consolidated capacity and traffic were 0.3 percent and 0.8 percent higher year-over-year, respectively.

International load factor of 82.6 percent was 0.6 points higher year-over-year, as traffic increased 5.2 percent on 4.5 percent more capacity. Among the international entities, the Atlantic entity recorded the highest load factor of 85.0 percent, an increase of 1.7 points versus May 2012.

Domestic capacity and traffic were 2.9 percent and 2.1 percent lower year-over-year, respectively, resulting in a domestic load factor of 86.1 percent, 0.7 points higher compared to the same period last year.

May's consolidated passenger revenue per available seat mile (PRASM) was lower by an estimated 1.8 percent versus the same period last year.  On a consolidated basis, the company boarded 9.4 million passengers in May.

The Company's Results Are Detailed Below:

AMR Preliminary Results Summary


May 2013 consolidated PRASM (cents/ASM)*

12.93

May 2013 consolidated year-over-year PRASM change

(1.8%)

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

$2.95



*Note: Previously, consolidated PRASM (cents/ASM) was quoted for the prior year period.


 

AMR TRAFFIC SUMMARY

EXCLUDES CHARTER SERVICES

 



MAY



Year-to-Date



2013

2012

Change


2013

2012

Change

REVENUE PASSENGER MILES (000)











Domestic

6,525,265

6,665,847

(2.1)

%


30,718,036

30,925,452

(0.7)

%


International

4,531,425

4,305,601

5.2



20,715,099

20,355,839

1.8



   Atlantic

1,684,946

1,685,803

(0.1)



6,525,510

6,728,384

(3.0)



   Latin America

2,121,133

1,939,784

9.3



11,144,160

10,588,300

5.2



   Pacific

725,346

680,013

6.7



3,045,429

3,039,155

0.2














Mainline

11,056,689

10,971,447

0.8



51,433,135

51,281,291

0.3



Regional

917,597

903,764

1.5



4,152,144

4,127,111

0.6



Consolidated

11,974,287

11,875,211

0.8



55,585,279

55,408,402

0.3













AVAILABLE SEAT MILES (000)











Domestic

7,578,452

7,807,134

(2.9)

%


36,764,578

37,623,868

(2.3)

%


International

5,485,603

5,248,461

4.5



26,132,387

25,731,025

1.6



   Atlantic

1,981,472

2,022,898

(2.0)



8,234,045

8,632,659

(4.6)



   Latin America

2,646,524

2,447,076

8.2



14,095,742

13,298,340

6.0



   Pacific

857,607

778,488

10.2



3,802,600

3,800,026

0.1














Mainline

13,064,055

13,055,595

0.1



62,896,965

63,354,892

(0.7)



Regional

1,196,132

1,159,890

3.1



5,645,089

5,619,395

0.5



Consolidated

14,260,187

14,215,485

0.3



68,542,054

68,974,287

(0.6)













LOAD FACTOR











Domestic

86.1

85.4

0.7

Pts

83.6

82.2

1.4

Pts


International

82.6

82.0

0.6



79.3

79.1

0.2



   Atlantic

85.0

83.3

1.7



79.3

77.9

1.3



   Latin America

80.1

79.3

0.9



79.1

79.6

(0.6)



   Pacific

84.6

87.4

(2.8)



80.1

80.0

0.1














Mainline

84.6

84.0

0.6



81.8

80.9

0.8



Regional

76.7

77.9

(1.2)



73.6

73.4

0.1



Consolidated

84.0

83.5

0.4



81.1

80.3

0.8













PASSENGERS BOARDED











Mainline

7,457,996

7,563,763

(1.4)

%


35,376,823

35,484,076

(0.3)

%


Regional

1,912,842

1,914,607

(0.1)



8,679,225

8,650,141

0.3



Consolidated

9,370,838

9,478,370

(1.1)



44,056,048

44,134,217

(0.2)













SYSTEM CARGO TON MILES (000)











Total

161,732

155,303

4.1

%


718,852

752,011

(4.4)

%


Notes: Regional data includes operations by wholly owned subsidiaries of AMR, and operations performed by third parties under executed air service agreements.  All load factor and year-over-year change figures have been rounded to the nearest tenth.

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, risks related to the pending merger, including fulfillment of conditions and receipt of consents and approvals, the company's ability to secure financing for all of its scheduled aircraft deliveries, the impact of the restructuring 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, and the potential impact of labor unrest. Because of the company's restructuring, there can be no assurance as to the future value of the company's or any of its subsidiaries' securities, including AMR common stock.  Accordingly, the company urges that caution be exercised with respect to existing and future investments in any of these securities (including AMR's common stock) or other 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, as amended by its Form 10-K/A filed April 16, 2013, 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, voted Airline Program of the Year at the 2013 Freddie Awards, lets members earn miles for travel and everyday purchases and 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 840 destinations served by some 9,000 daily flights to nearly 160 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 AMR Corporation



RELATED LINKS
http://www.aa.com

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