The FINANCIAL — American Airlines Group on March 8 reported February and year-to-date 2016 traffic results.
American Airlines Group’s total revenue passenger miles (RPMs) were 15.7 billion, up 4.7 percent versus February 2015. Total capacity was 20.4 billion available seat miles (ASMs), up 8.0 percent versus February 2015. Total passenger load factor was 77.0 percent, down 2.3 percentage points versus February 2015. The Company’s traffic and capacity were both records for the month of February.
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, according to American Airlines.
The following summarizes American Airlines Group traffic results for the month ended February 29, 2016, and February 28, 2015, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements.
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