American Airlines reports June traffic up 1.0%, narrows Q2 PRASM view American Airlines reported June total revenue passenger miles of 19.9B, up 1.0% vs. June 2013. Total capacity was 23.4B available seat miles, up 3.2% vs. June 2013. June total passenger load factor was 85.0%, down 1.9% vs. June 2013. The company narrowed its Q2 consolidated passenger revenue per ASM view to up approximately 5.5%-6.5% vs. same period last year from 5%-7%. Expects Q2 pre-tax margin (excluding special items) 12%-13%.
Stocks with call strike movement; AAL YHOO American Airlines (AAL) February 40 call option implied volatility decreased 4% to 35, Yahoo (YHOO) February 47 call option implied volatility decreased 4% to 34 according to IVolatility.