AMR Corporation : AMR Reports April 2012 Revenue And Traffic Results
05/08/2012| 05:26pm US/Eastern
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FORT WORTH, Texas, May 8, 2012 /PRNewswire/ -- AMR
Corporation, the parent company of American Airlines Inc.,
today reported April 2012 consolidated revenue and traffic
results for its principal subsidiary, American Airlines,
Inc. and its wholly-owned subsidiary, AMR Eagle Holding
Corporation.
April's consolidated passenger revenue per available
seat mile (PRASM) increased an estimated 11.6 percent
compared to the prior year period, driven by high load
factors and a strong yield environment.
The Company reported an April consolidated load factor of
82.9 percent, an increase of 2.5 points versus the same
period last year. Consolidated traffic and capacity were
lower by 0.2 percent and 3.2 percent year-over-year,
respectively.
International traffic increased 1.8 percent relative to
last year, on 2.8 percent lower capacity, resulting in an
international load factor of 81.7 percent, an increase of
3.7 points versus April of last year.
Domestic load factor was 84.8 percent, an increase of 1.6
points year-over-year. Domestic capacity and traffic were
4.1 percent and 2.2 percent lower year-over-year,
respectively.
The Company's Results Are Detailed Below:
AMR PRELIMINARY RESULTS SUMMARY
April 2012 consolidated year-over-year PRASM change
11.6%
April 2011 consolidated PRASM (cents/asm)
11.76
April 2012 consolidated fuel price including
effective hedges & taxes (dollars/gallon)
$3.40
AMR TRAFFIC SUMMARY
EXCLUDES CHARTER SERVICES
APRIL
Year-to-Date
2012
2011
Change
2012
2011
Change
REVENUE PASSENGER MILES (000)
Domestic
6,252,873
6,396,011
(2.2)
%
24,259,605
24,238,292
0.1
%
International
4,107,766
4,034,890
1.8
16,050,238
15,348,923
4.6
Atlantic
1,568,274
1,611,120
(2.7)
5,042,581
4,949,434
1.9
Latin America
1,944,566
1,923,311
1.1
8,648,516
8,370,136
3.3
Pacific
594,926
500,458
18.9
2,359,141
2,029,353
16.3
Mainline
10,360,639
10,430,900
(0.7)
40,309,843
39,587,215
1.8
Regional
853,880
807,460
5.7
3,223,347
2,941,188
9.6
Consolidated
11,214,519
11,238,361
(0.2)
43,533,190
42,528,404
2.4
AVAILABLE SEAT MILES (000)
Domestic
7,370,984
7,686,644
(4.1)
%
29,816,734
30,466,123
(2.1)
%
International
5,027,418
5,170,340
(2.8)
20,482,564
20,228,680
1.3
Atlantic
1,887,108
2,071,002
(8.9)
6,609,762
7,035,782
(6.1)
Latin America
2,389,497
2,391,868
(0.1)
10,851,264
10,455,762
3.8
Pacific
750,813
707,470
6.1
3,021,538
2,737,136
10.4
Mainline
12,398,403
12,856,984
(3.6)
50,299,298
50,694,803
(0.8)
Regional
1,130,261
1,114,589
1.4
4,459,505
4,266,073
4.5
Consolidated
13,528,664
13,971,574
(3.2)
54,758,802
54,960,876
(0.4)
LOAD FACTOR
Domestic
84.8
83.2
1.6
Pts
81.4
79.6
1.8
Pts
International
81.7
78.0
3.7
78.4
75.9
2.5
Atlantic
83.1
77.8
5.3
76.3
70.3
5.9
Latin America
81.4
80.4
1.0
79.7
80.1
(0.4)
Pacific
79.2
70.7
8.5
78.1
74.1
3.9
Mainline
83.6
81.1
2.4
80.1
78.1
2.1
Regional
75.5
72.4
3.1
72.3
68.9
3.3
Consolidated
82.9
80.4
2.5
79.5
77.4
2.1
PASSENGERS BOARDED
Mainline
7,129,069
7,121,256
0.1
%
27,920,313
27,229,377
2.5
%
Regional
1,804,277
1,740,786
3.6
6,735,534
6,411,285
5.1
Consolidated
8,933,346
8,862,042
0.8
34,655,847
33,640,662
3.0
SYSTEM CARGO TON MILES (000)
Total
151,878
153,343
(1.0)
%
596,708
592,397
0.7
%
Note: Regional data is inclusive of American Eagle®,
Executive Airlines®, and AmericanConnection®
Cautionary Statement Regarding Forward-Looking Statements
and Information
This news release could be viewed as containing
forward-looking statements or information. Actual results
may differ materially from the results suggested by the
statements and information contained herein for a number of
reasons, including, but not limited to, the impact of the
bankruptcy filings of the Company and certain of its U.S.
subsidiaries, the Company's ability to refinance,
extend or repay its near and intermediate term debt, the
Company's substantial level of indebtedness and related
interest rates, the potential impact of volatile and rising
fuel prices, impairments and restructuring charges. The
Company cannot predict what the ultimate value of any of
its or its subsidiaries' securities may be and it
remains too early in the Chapter 11 cases to determine
whether holders of any such securities will receive any
distribution in the Chapter 11 reorganization. The Company
anticipates that its common stock will have minimal or no
value on its emergence from Chapter 11. Readers are
referred to the documents filed by the Company with the
Securities and Exchange Commission, including the
Company's Form 10-K for the period ended December 31,
2011, which further identify the important risk factors
that could cause actual results to differ materially from
the forward-looking statements in this news release. The
Company disclaims any obligation to update any
forward-looking statement or information.
About American Airlines
American Airlines, American Eagle and the
AmericanConnection® carrier serve 260 airports in more than
50 countries and territories with, on average, more than
3,500 daily flights. The combined network fleet numbers
more than 900 aircraft. American's award-winning
website, AA.com®, provides users with easy access to check
and book fares, plus personalized news, information and
travel offers. American Airlines is a founding member of
the oneworld® alliance, which brings together some of the
best and biggest names in the airline business, enabling
them to offer their customers more services and benefits
than any airline can provide on its own. Together, its
members and members-elect serve more than 900 destinations
with more than 9,000 daily flights to 150 countries and
territories. American Airlines, Inc. and American Eagle
Airlines, Inc. are subsidiaries of AMR Corporation.
AmericanAirlines, American Eagle, AmericanConnection,
AA.com, and AAdvantage are trademarks of American Airlines,
Inc. AMR Corporation common stock trades under the symbol
"AAMRQ" on the OTCQB marketplace, operated by OTC
Markets Group.
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