The AA is becoming more profitable: The AMR Corporation reported June 2013 consolidated revenue and traffic results for its principal subsidiary, American Airlines, Inc., and its wholly owned subsidiary, AMR Eagle Holding Corporation.
Reportedly, June's consolidated passenger revenue per available seat mile (PRASM) increased an estimated 1.7 percent versus last year, to 14.39 cents/ASM, an all-time record high for any month.
According to AA, Consolidated capacity and traffic were 2.6 percent and 2.4 percent higher year-over-year, respectively, resulting in a consolidated load factor of 86.9 percent, 0.2 points lower versus the same period last year.
US domestic capacity and traffic were 0.3 percent and 0.5 percent higher year-over-year, respectively, resulting in a domestic load factor of 88.8 percent, 0.2 points higher compared to the same period last year.
Interestingly, the international load factor of 85.6 percent was 0.7 points lower year-over-year, as traffic increased 5.5 percent on 6.4 percent more capacity. Among the international entities, the Atlantic entity recorded the highest load factor of 91.5 percent, an increase of 0.9 points versus June 2012. On a consolidated basis, the company boarded 9.6 million passengers in June.