AMR Corporation Reports Record May Load Factor
(Logo: http://photos.prnewswire.com/prnh/20130508/DA10566LOGO)
Consolidated load factor in May was an all-time record high for the month, at 84.0 percent, 0.4 points higher versus the same period last year. Consolidated capacity and traffic were 0.3 percent and 0.8 percent higher year-over-year, respectively.
International load factor of 82.6 percent was 0.6 points higher year-over-year, as traffic increased 5.2 percent on 4.5 percent more capacity. Among the international entities, the Atlantic entity recorded the highest load factor of 85.0 percent, an increase of 1.7 points versus
Domestic capacity and traffic were 2.9 percent and 2.1 percent lower year-over-year, respectively, resulting in a domestic load factor of 86.1 percent, 0.7 points higher compared to the same period last year.
May's consolidated passenger revenue per available seat mile (PRASM) was lower by an estimated 1.8 percent versus the same period last year. On a consolidated basis, the company boarded 9.4 million passengers in May.
The Company's Results Are Detailed Below:
|
AMR Preliminary Results Summary |
|
|
May 2013 consolidated PRASM (cents/ASM)* |
12.93 |
|
May 2013 consolidated year-over-year PRASM change |
(1.8%) |
|
May 2013 consolidated fuel price including effective hedges & taxes (dollars/gallon) |
$2.95 |
|
*Note: Previously, consolidated PRASM (cents/ASM) was quoted for the prior year period. |
|
AMR TRAFFIC SUMMARY EXCLUDES CHARTER SERVICES
|
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|
MAY |
Year-to-Date |
|||||||||
|
2013 |
2012 |
Change |
2013 |
2012 |
Change |
|||||
|
REVENUE PASSENGER MILES (000) |
||||||||||
|
Domestic |
6,525,265 |
6,665,847 |
(2.1) |
% |
30,718,036 |
30,925,452 |
(0.7) |
% |
||
|
International |
4,531,425 |
4,305,601 |
5.2 |
20,715,099 |
20,355,839 |
1.8 |
||||
|
Atlantic |
1,684,946 |
1,685,803 |
(0.1) |
6,525,510 |
6,728,384 |
(3.0) |
||||
|
Latin America |
2,121,133 |
1,939,784 |
9.3 |
11,144,160 |
10,588,300 |
5.2 |
||||
|
Pacific |
725,346 |
680,013 |
6.7 |
3,045,429 |
3,039,155 |
0.2 |
||||
|
Mainline |
11,056,689 |
10,971,447 |
0.8 |
51,433,135 |
51,281,291 |
0.3 |
||||
|
Regional |
917,597 |
903,764 |
1.5 |
4,152,144 |
4,127,111 |
0.6 |
||||
|
Consolidated |
11,974,287 |
11,875,211 |
0.8 |
55,585,279 |
55,408,402 |
0.3 |
||||
|
AVAILABLE SEAT MILES (000) |
||||||||||
|
Domestic |
7,578,452 |
7,807,134 |
(2.9) |
% |
36,764,578 |
37,623,868 |
(2.3) |
% |
||
|
International |
5,485,603 |
5,248,461 |
4.5 |
26,132,387 |
25,731,025 |
1.6 |
||||
|
Atlantic |
1,981,472 |
2,022,898 |
(2.0) |
8,234,045 |
8,632,659 |
(4.6) |
||||
|
Latin America |
2,646,524 |
2,447,076 |
8.2 |
14,095,742 |
13,298,340 |
6.0 |
||||
|
Pacific |
857,607 |
778,488 |
10.2 |
3,802,600 |
3,800,026 |
0.1 |
||||
|
Mainline |
13,064,055 |
13,055,595 |
0.1 |
62,896,965 |
63,354,892 |
(0.7) |
||||
|
Regional |
1,196,132 |
1,159,890 |
3.1 |
5,645,089 |
5,619,395 |
0.5 |
||||
|
Consolidated |
14,260,187 |
14,215,485 |
0.3 |
68,542,054 |
68,974,287 |
(0.6) |
||||
|
LOAD FACTOR |
||||||||||
|
Domestic |
86.1 |
85.4 |
0.7 |
Pts |
83.6 |
82.2 |
1.4 |
Pts |
||
|
International |
82.6 |
82.0 |
0.6 |
79.3 |
79.1 |
0.2 |
||||
|
Atlantic |
85.0 |
83.3 |
1.7 |
79.3 |
77.9 |
1.3 |
||||
|
Latin America |
80.1 |
79.3 |
0.9 |
79.1 |
79.6 |
(0.6) |
||||
|
Pacific |
84.6 |
87.4 |
(2.8) |
80.1 |
80.0 |
0.1 |
||||
|
Mainline |
84.6 |
84.0 |
0.6 |
81.8 |
80.9 |
0.8 |
||||
|
Regional |
76.7 |
77.9 |
(1.2) |
73.6 |
73.4 |
0.1 |
||||
|
Consolidated |
84.0 |
83.5 |
0.4 |
81.1 |
80.3 |
0.8 |
||||
|
PASSENGERS BOARDED |
||||||||||
|
Mainline |
7,457,996 |
7,563,763 |
(1.4) |
% |
35,376,823 |
35,484,076 |
(0.3) |
% |
||
|
Regional |
1,912,842 |
1,914,607 |
(0.1) |
8,679,225 |
8,650,141 |
0.3 |
||||
|
Consolidated |
9,370,838 |
9,478,370 |
(1.1) |
44,056,048 |
44,134,217 |
(0.2) |
||||
|
SYSTEM CARGO TON MILES (000) |
||||||||||
|
Total |
161,732 |
155,303 |
4.1 |
% |
718,852 |
752,011 |
(4.4) |
% |
||
|
Notes: Regional data includes operations by wholly owned subsidiaries of AMR, and operations performed by third parties under executed air service agreements. All load factor and year-over-year change figures have been rounded to the nearest tenth. |
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, risks related to the pending merger, including fulfillment of conditions and receipt of consents and approvals, the company's ability to secure financing for all of its scheduled aircraft deliveries, the impact of the restructuring 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, and the potential impact of labor unrest. Because of the company's restructuring, there can be no assurance as to the future value of the company's or any of its subsidiaries' securities, including AMR common stock. Accordingly, the company urges that caution be exercised with respect to existing and future investments in any of these securities (including AMR's common stock) or other claims. Readers are referred to the documents filed by the company with the
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SOURCE
Sean Collins, 817-967-1577, mediarelations@aa.com
