American Airlines Group Reports Record April Traffic Results

Published on : Wednesday, May 10, 2017

american airlinesAmerican Airlines Group today reported April and year-to-date 2017 traffic results. American Airlines Group’s total revenue passenger miles (RPMs) were a record 18.6 billion, up 3.1 percent versus April 2016. Total capacity was 22.6 billion available seat miles (ASMs), up 0.8 percent versus April 2016.

 

Total passenger load factor was 82.2 percent, up 1.8 percentage points versus April 2016.

 

 

The Company expects its second quarter 2017 total revenue per available seat mile (TRASM) to be up approximately 3.5 percent to 5.5 percent year-over-year. In addition, the Company expects its second quarter pre-tax margin1 excluding special items to be between 12 percent and 14 percent. TRASM has improved from prior guidance of up between 3.0 percent and 5.0 percent and pre-tax margin has improved from prior guidance of 11 percent to 13 percent due primarily to improving yields and lower estimated fuel prices.

 

 

The following summarizes American Airlines Group traffic results for the month ended April 30, 2017, and April 30, 2016, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements.

 

 

1. American is unable to reconcile certain forward-looking projections to GAAP as the nature or amount of special items cannot be determined at this time

 

 

Source:- American Airlines

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