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News Breaks | | | | October 8, 2012 | | 09:16 EDT |  | AAMRQ | AMR Corp. reports September revenue and traffic results
September's consolidated passenger revenue per available seat mile increased an estimated 4% versus the same period last year, continuing the positive trend the airline has seen throughout this year. Absent the impact of operational challenges due to flight cancellations and delays during the second half of September, unit revenue improvement would have been approximately 0.4 points higher. Consolidated capacity and traffic were 3.4% and 2.8% lower year-over-year respectively, resulting in a consolidated load factor of 81.1%, an increase of 0.5 points versus the same period last year. International load factor increased 3 points to 83.6%, as traffic increased 3.2% on 0.5% less capacity. The Atlantic entity recorded the highest load factor of 86.9%, an increase of 4 points versus September 2011. | |
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News For AAMRQ From The Last 14 Days Check below for free stories on AAMRQ the last two weeks. |
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| May 16, 2013 | | 08:28 EDT |  | AAMRQ | EU to decide on Delta, Virgin deal next month, Reuters reports
EU antitrust regulators will decide by June 20 whether to clear a bid by Delta Air Lines for a 49% stake in Virgin Atlantic, reports Reuters. Reference Link | | | May 10, 2013 | | 06:47 EDT | | AAMRQ | Delta says airlines have new priorities, NY Times reports
Delta Air Lines' bright, spacious new terminal at New York's Kennedy Airport reflects airlines' new emphasis on better amenities and service, Delta stated, according to the New York Times. The airlines, whose finances have improved, are no longer competing primarily based on price, the newspaper stated. Reference Link | | | May 8, 2013 | | 16:59 EDT | | AAMRQ | AMR Corp. reports April domestic RPM down 1.4% to 6.17M
Reports April International RPM down0.6% to 4.08M. Reports April Atlantic RPM down 4.8% to 1.49M. Reports April Latin America RPM up 4% to 2.02M. Reports April Pacific RPM down 4.7%. Reports April PRASM down 2.9%. Reports April consolidated traffic down 1.1%. | | | 05:44 EDT | | AAMRQ | U.S. airlines' restructuring means less routes, WSJ reports
A decade of restructuring in the U.S. airline industry has resulted in a sharp reduction in air service that is curtailing traveler choice and some local economies even as it improves the industry's health, an MIT study shows, reports the Wall Street Journal. From 2007 through last year, U.S. airlines cut the number of scheduled domestic flights by 14%. The number of seats offered fell by slightly less, as airlines pushed passengers onto bigger planes, says the study. Reference Link | |
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