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2014

AMR Corporation Reports Record Passenger Unit Revenue

Consolidated Traffic Increased 2.4 Percent

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FORT WORTH, Texas, July 9, 2013 /PRNewswire/ -- AMR Corporation today reported June 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)

June's consolidated passenger revenue per available seat mile (PRASM) increased an estimated 1.7 percent versus last year, to 14.39 cents/ASM, an all-time record high for any month.

Consolidated capacity and traffic were 2.6 percent and 2.4 percent higher year-over-year, respectively, resulting in a consolidated load factor of 86.9 percent, 0.2 points lower versus the same period last year.

Domestic capacity and traffic were 0.3 percent and 0.5 percent higher year-over-year, respectively, resulting in a domestic load factor of 88.8 percent, 0.2 points higher compared to the same period last year.

International load factor of 85.6 percent was 0.7 points lower year-over-year, as traffic increased 5.5 percent on 6.4 percent more capacity. Among the international entities, the Atlantic entity recorded the highest load factor of 91.5 percent, an increase of 0.9 points versus June 2012.  

On a consolidated basis, the company boarded 9.6 million passengers in June.

The Company's Results Are Detailed Below:

AMR Preliminary Results Summary


June 2013 consolidated PRASM (cents/ASM)*

14.39

June 2013 consolidated year-over-year PRASM change

1.70%

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

$2.93

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

AMR TRAFFIC SUMMARY

INCLUDES CHARTER SERVICES




JUNE



Year-to-Date



2013

2012

Change


2013

2012

Change

REVENUE PASSENGER MILES (000)










Domestic

6,710,431

6,676,211

0.5

%


37,431,543

37,604,130

(0.5)

%


International

4,824,338

4,571,141

5.5



25,558,268

24,942,073

2.5



   Atlantic

1,846,182

1,879,795

(1.8)



8,371,692

8,608,179

(2.7)



   Latin America

2,200,464

1,998,240

10.1



13,363,454

12,601,633

6.0



   Pacific

777,693

693,107

12.2



3,823,121

3,732,261

2.4














Mainline

11,534,769

11,247,352

2.6



62,989,811

62,546,203

0.7



Regional

926,277

924,648

0.2



5,079,257

5,053,873

0.5



Consolidated

12,461,046

12,172,000

2.4



68,069,067

67,600,076

0.7













AVAILABLE SEAT MILES (000)











Domestic

7,558,638

7,532,958

0.3

%


44,327,252

45,160,204

(1.8)

%


International

5,632,998

5,292,413

6.4



31,788,123

31,046,509

2.4



   Atlantic

2,017,370

2,074,767

(2.8)



10,251,415

10,707,426

(4.3)



   Latin America

2,758,533

2,462,221

12.0



16,877,013

15,783,632

6.9



   Pacific

857,096

755,424

13.5



4,659,695

4,555,450

2.3














Mainline

13,191,636

12,825,371

2.9



76,115,374

76,206,713

(0.1)



Regional

1,153,369

1,154,401

(0.1)



6,801,481

6,780,561

0.3



Consolidated

14,345,005

13,979,771

2.6



82,916,856

82,987,274

(0.1)













LOAD FACTOR











Domestic

88.8

88.6

0.2

Pts

84.4

83.3

1.2

Pts


International

85.6

86.4

(0.7)



80.4

80.3

0.1



   Atlantic

91.5

90.6

0.9



81.7

80.4

1.3



   Latin America

79.8

81.2

(1.4)



79.2

79.8

(0.7)



   Pacific

90.7

91.8

(1.0)



82.0

81.9

0.1














Mainline

87.4

87.7

(0.3)



82.8

82.1

0.7



Regional

80.3

80.1

0.2



74.7

74.5

0.1



Consolidated

86.9

87.1

(0.2)



82.1

81.5

0.6













PASSENGERS BOARDED











Mainline

7,735,879

7,651,765

1.1

%


43,182,554

43,181,836

0.0

%


Regional

1,909,981

1,948,719

(2.0)



10,591,465

10,606,642

(0.1)



Consolidated

9,645,860

9,600,484

0.5



53,774,019

53,788,478

(0.0)













SYSTEM CARGO TON MILES (000)











Total

160,427

148,601

8.0

%


879,279

900,612

(2.4)

%

Notes: Regional data includes operations by wholly owned subsidiaries of AMR, and operations performed by third parties under executed air service agreementsAll load factor and year-over-year change figures have been rounded to the nearest tenth.  Beginning with the June 2013 traffic release, data includes charter services.

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



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