The FINANCIAL — American Airlines Group on October 11 reported September and year-to-date 2016 traffic results.
American Airlines Group’s total revenue passenger miles (RPMs) were 17.8 billion, down 1.7 percent versus September 2015. Total capacity was 21.8 billion available seat miles (ASMs), down 0.4 percent versus September 2015. Total passenger load factor was 81.6 percent, down 1.1 percentage points versus September 2015, according to American Airlines.
The Company expects its third quarter 2016 total revenue per available seat mile to be down approximately 2 to 3 percent year-over-year. In addition, the Company expects its third quarter pre-tax margin excluding special items to be between 13 and 15 percent. For more financial forecasting detail, including the Company’s anticipated third quarter net special items, please refer to the Company’s investor relations update also filed today.
The following summarizes American Airlines Group traffic results for the month and year-to-date ended September 30, 2016, and 2015, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements.
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