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November 8, 2012
17:10 EDTAAMRQAMR Corp. reports October traffic and traffic results
AMR Corporation reported October consolidated revenue and traffic results for its principal subsidiary, American Airlines and its wholly owned subsidiary, AMR Eagle Holding Corporation. Consolidated capacity and traffic were 3.4% and 3.7% lower year-over-year respectively, resulting in a consolidated load factor of 82.3%, a decrease of 0.3 points versus the same period last year. International load factor increased 0.5 points to 81.3%, as traffic decreased 0.6% on 1.2% less capacity. The Pacific entity recorded the highest year-over-year increase in load factor of 4.9 points, resulting in a load factor of 82.8% for the month of October. Domestic capacity and traffic were 5% and 6% lower year-over-year, respectively, resulting in a domestic load factor of 84%, 0.9 points lower compared to the same period last year. October's consolidated passenger revenue per available seat mile, or PRASM, increased an estimated 0.4% versus the same period last year. Absent the recent operational disruption that affected bookings for October travel, PRASM would have been approximately 3.1% higher than in October 2011. Separately, American Airlines and American Eagle cancelled more than 2,000 flights as a result of Hurricane Sandy; however, the impact on PRASM was not significant.
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