American Airlines (AAL) Reports July Traffic Down 0.3%
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American Airlines Group Reports July Traffic
August 9, 2016 8:02 AM EDTFORT WORTH, Texas, Aug. 09, 2016 (GLOBE NEWSWIRE) -- American Airlines Group (NASDAQ: AAL) today reported July and year-to-date 2016 traffic results.
American Airlines Groups total revenue passenger miles (RPMs) were 21.7 billion, down 0.3 percent versus July 2015. Total capacity was 25.5 billion available seat miles (ASMs), up 2.3 percent versus July 2015. Total passenger load factor was 85.2 percent, down 2.1 percentage points versus July 2015.
The Company expects its third quarter 2016 total revenue per available seat mile to be down approximately 3.0 to 5.0 percent year-over-year. In addition, the Company continues to expect its third quarter pretax margin excluding special items1Â to be between 12... More
