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AMR announces American, AMR Eagle November traffic and revenue results
By Caroline Salls
Pittsburgh, Dec. 10 - AMR Corp. said American Airlines, Inc. and AMR Eagle Holding Corp. reported consolidated capacity and traffic for November that were 1.9% and 0.7% higher than in November 2011.
According to a company news release, the figures resulted in a consolidated load factor of 80.7%, a decrease of one point versus November of last year.
AMR said the subsidiaries' 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 than the same period of last year.
According to the release, domestic load factor decreased 1.5 points to 82.8% as traffic decreased 1.2 percent on 0.6% more capacity.
The parent company said November's consolidated passenger revenue per available seat mile (PRASM) decreased an estimated 2.3% in November versus the same period of last year.
AMR said American estimates that Hurricane Sandy and the early November snowstorm in the northeast negatively affected November revenues by about $25 million and lowered unit revenue by 1.5 percentage points.
Separately, the company said 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 $30 million, and lowered unit revenue by an additional 1.8 percentage points.
AMR said American estimates that absent these events, PRASM in November would have been about 1% higher than in November 2011.
On a consolidated basis, the company boarded 8.6 million passengers in November, the release said.
AMR Corp., the Fort Worth, Texas-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. Its Chapter 11 case number is 11-15463.
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