Airlines
American Airlines Group Reports Record August Trafic, Capacity and Load Factor
American Airlines Group today reported August 2015 and year-to-date traffic results.
American Airlines Group's total revenue passenger miles (RPMs) were 21.0 billion, up 5.0 percent versus August 2014. Total capacity was 24.3 billion available seat miles (ASMs), up 2.7 percent versus August 2014. Total passenger load factor was 86.5 percent, up 1.9 percentage points versus August 2014. All three metrics were records for the month of August.
The Company continues to expect its third quarter 2015 consolidated passenger revenue per available seat mile (PRASM) to be down approximately six to eight percent year-over-year. In addition, the Company continues to expect its third quarter pretax margin excluding special items to be between 16 and 18 percent.
The following summarizes American Airlines Group traffic results for the month and year-to-date ended August 31, 2015 and 2014, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements.
About American Airlines
American Airlines Group is the holding company for American Airlines and US Airways. Together with regional partners, operating as American Eagle and US Airways Express, the airlines operate an average of nearly 6,700 flights per day to nearly 350 destinations in more than 50 countries. American is a founding member of the oneworld alliance, whose members and members-elect serve nearly 1,000 destinations with 14,250 daily flights to 150 countries. This year American topped Fortune Magazine's list of best business turnarounds and its stock joined the S&P 500 index.