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AMR reports September revenue and traffic results for subsidiaries
By Caroline Salls
Pittsburgh, Oct. 9 - AMR Corp. said principal subsidiary American Airlines, Inc. and wholly owned subsidiary AMR Eagle Holding Corp.'s estimated consolidated passenger revenue per available seat mile increased 4% in September versus September 2011, according to a company news release.
AMR said the increase continues the positive trend the airline has seen throughout this year.
Absent the impact of operational challenges resulting from flight cancellations and delays during the second half of September, the company said unit revenue improvement would have been 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.
In addition, AMR said international load factor increased 3 points to 83.6%, as traffic increased 3.2% on 0.5% less capacity.
Domestic capacity and traffic were 5.5% and 7.1% lower year-over-year, respectively, the release said, resulting in a domestic load factor of 80.5%, 1.4 points lower compared to the same period last year.
On a consolidated basis, the company said it boarded 8.3 million passengers in September.
AMR, the Fort Worth-based parent of American Airlines, filed for bankruptcy on Nov. 29, 2011 in the U.S. Bankruptcy Court for the Southern District of New York. The Chapter 11 case number is 11-15463.
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