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December 10, 2012
16:08 EDTAAMRQAMR Corp. reports November traffic, sees revenue impact of $30M from Sandy
AMR Corporation reported November 2012 consolidated revenue and traffic results for its principal subsidiary, American Airlines, Inc., and its wholly owned subsidiary, AMR Eagle Holding Corporation. Consolidated capacity and traffic were 1.9% and 0.7% higher year-over-year respectively, resulting in a consolidated load factor of 80.7%, a decrease of 1.0 points versus the same period last year. International traffic was 4.6% higher on a 5.2% increase in capacity, resulting in an international load factor of 78.9%, 0.5 points lower compared to the same period last year. Domestic load factor decreased 1.5 points to 82.8%, as traffic decreased 1.2% on 0.6% more capacity. November's consolidated passenger revenue per available seat mile decreased an estimated 2.3% versus the same period last year. American estimates that Hurricane Sandy and the early November snow storm in the Northeast negatively impacted November revenues by approximately $25M, and lowered unit revenue by 1.5%. Separately, operational disruptions that took place in late September and early October affected bookings for November travel, negatively impacting revenues in the month by an estimated $30M, and lowered unit revenue by an additional 1.8%. American estimates that absent these events, PRASM in November 2012 would have been approximately 1% higher than in November 2011. On a consolidated basis, the company boarded 8.6M passengers in November.
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