American Airlines Group Reports January Traffic Results
OREANDA-NEWS. American Airlines Group (NASDAQ:AAL) today reported January 2016 traffic results.
American Airlines Group’s total revenue passenger miles (RPMs) were 17.1 billion, up 1.6 percent versus January 2015. Total capacity was 21.4 billion available seat miles (ASMs), down 0.3 percent versus January 2015. Total passenger load factor was 79.7 percent, up 1.5 percentage points versus January 2015.
The Company continues to expect its first quarter 2016 consolidated passenger revenue per available seat mile (PRASM) to be down approximately 6 to 8 percent year-over-year. In addition, the Company continues to expect its first quarter pretax margin excluding special items to be between 12 and 14 percent.
The following summarizes American Airlines Group traffic results for the month ended January 31, 2016 and 2015, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements.
|American Airlines Group Traffic Results|
|Revenue Passenger Miles (000)|
|Total Revenue Passenger Miles||17,082,299||16,817,478||1.6||%|
|Available Seat Miles (000)|
|Total Available Seat Miles||21,431,406||21,506,644||(0.3||)||%|
|Load Factor (%)|
|Total Load Factor||79.7||78.2||1.5||pts|
|System Cargo Ton Miles (000)||165,604||170,521||(2.9||)||%|
|1||)||Canada, Puerto Rico and U.S. Virgin Islands are included in the domestic results.|
|2||)||Latin America numbers include the Caribbean.|
|3) Regional includes wholly owned subsidiaries and operating results from capacity purchase carriers.|
About American Airlines Group
American Airlines and American Eagle offer an average of nearly 6,700 flights per day to nearly 350 destinations in more than 50 countries. American has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, D.C. American is a founding member of the oneworld alliance, whose members and members-elect serve nearly 1,000 destinations with 14,250 daily flights to 150 countries. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL. In 2015, its stock was added to the S&P 500 index.