Published on : Tuesday, April 12, 2016
American Airlines Group today reported March and year-to-date 2016 traffic results.American Airlines Group’s total revenue passenger miles (RPMs) were 19.0 billion, up 3.3 percent versus March 2015. Total capacity was 23.3 billion available seat miles (ASMs), up 3.8 percent versus March 2015. Total passenger load factor was 81.7 percent, down 0.4 percentage points versus March 2015. The Company’s traffic and capacity were both records for the month of March.
The Company expects its first quarter 2016 consolidated passenger revenue per available seat mile (PRASM) to be down approximately 7 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, which includes the financial impact of the Company’s 2016 profit sharing plan announced on March 23. For more financial forecasting detail, please refer to the Company’s investor relations update also filed today on SEC Form 8-K.
The following summarizes American Airlines Group traffic results for the month and year-to-date ended March 31, 2016, and 2015, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements.