American Airlines Group(NASDAQ:AAL) today reported February and year-to-date 2017 traffic results. American Airlines Group’s total revenue passenger miles (RPMs) were 15.2 billion, down 3.3 percent versusFebruary 2016. Total capacity was 19.6 billion available seat miles (ASMs), down 3.7 percent versusFebruary 2016. Total passenger load factor was 77.3 percent, up 0.3 percentage points versusFebruary 2016. AirticketsONLINE In February, the Company’s 120,000 team members set several operational records, including a systemwide mainline on-time departure rate of 74.8 percent, which was the best for any month since the Company’s 2013 merger. In addition, the Company also set February records for on-time arrivals of 85.2 percent and completion factor of 98.8 percent as preliminarily reported to theDepartment of Transportation. The Company expects its first quarter 2017 total revenue per available seat mile (TRASM) to be up approximately 1.5 percent to 3.5 percent year-over-year vs. its previous guidance of up 2.5 percent to 4.5 percent. This decrease is due primarily to the Company’s year-to-date systemwide mainline completion factor of 98.9 percent vs. 97.7 percent in the same period last year. The higher completion factor is positive for customer service and profitability, but the additional ASMs generally reduce TRASM results. The Company continues to expect its first quarter pre-tax margin excluding special items1to be between 3 percent and 5 percent. The following summarizesAmerican Airlines Grouptraffic results for the month endedFebruary 28, 2017, andFebruary 29, 2016, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements. 1American is unable to reconcile certain forward-looking projections to GAAP as the nature or amount of special items cannot be determined at this time
American Airlines Group Traffic Results
February
Year to Date
2017
2016
Change
2017
2016
Change
Revenue Passenger Miles (000)
Domestic
8,873,835
9,356,535
(5.2
)
%
18,534,483
19,181,819
(3.4
)
%
Atlantic
1,154,126
1,219,709
(5.4
)
%
2,704,814
2,844,197
(4.9
)
%
Latin America
2,254,265
2,453,589
(8.1
)
%
4,915,774
5,349,268
(8.1
)
%
Pacific
1,099,018
923,700
19.0
%
2,383,433
1,910,441
24.8
%
International
4,507,409
4,596,998
(1.9
)
%
10,004,021
10,103,906
(1.0
)
%
Mainline
13,381,244
13,953,533
(4.1
)
%
28,538,504
29,285,725
(2.6
)
%
Regional
1,778,491
1,725,496
3.1
%
3,657,628
3,475,354
5.2
%
Total Revenue Passenger Miles
15,159,735
15,679,029
(3.3
)
%
32,196,132
32,761,079
(1.7
)
%
Available Seat Miles (000)
Domestic
10,927,299
11,502,210
(5.0
)
%
22,966,832
23,444,128
(2.0
)
%
Atlantic
1,840,119
2,050,648
(10.3
)
%
3,960,386
4,257,329
(7.0
)
%
Latin America
3,002,073
3,314,491
(9.4
)
%
6,347,434
6,965,148
(8.9
)
%
Pacific
1,420,951
1,157,524
22.8
%
2,965,542
2,353,687
26.0
%
International
6,263,143
6,522,663
(4.0
)
%
13,273,362
13,576,164
(2.2
)
%
Mainline
17,190,442
18,024,873
(4.6
)
%
36,240,194
37,020,292
(2.1
)
%
Regional
2,422,513
2,350,197
3.1
%
5,053,720
4,782,491
5.7
%
Total Available Seat Miles
19,612,955
20,375,070
(3.7
)
%
41,293,914
41,802,783
(1.2
)
%
Load Factor (%)
Domestic
81.2
81.3
(0.1
)
pts
80.7
81.8
(1.1
)
pts
Atlantic
62.7
59.5
3.2
pts
68.3
66.8
1.5
pts
Latin America
75.1
74.0
1.1
pts
77.4
76.8
0.6
pts
Pacific
77.3
79.8
(2.5
)
pts
80.4
81.2
(0.8
)
pts
International
72.0
70.5
1.5
pts
75.4
74.4
1.0
pts
Mainline
77.8
77.4
0.4
pts
78.7
79.1
(0.4
)
pts
Regional
73.4
73.4
-
pts
72.4
72.7
(0.3
)
pts
Total Load Factor
77.3
77.0
0.3
pts
78.0
78.4
(0.4
)
pts
Enplanements
Mainline
10,167,980
10,582,081
(3.9
)
%
21,221,471
21,889,604
(3.1
)
%
Regional
3,903,115
3,856,992
1.2
%
7,978,794
7,781,571
2.5
%
Total Enplanements
14,071,095
14,439,073
(2.5
)
%
29,200,265
29,671,175
(1.6
)
%
System Cargo Ton Miles (000)
191,367
174,418
9.7
%
381,961
340,018
12.3
%
Notes:
1
)
Canada, Puerto Rico and U.S. Virgin Islands are included in the domestic results.
2
)
Latin America numbers include the Caribbean.
3
)
Regional includes wholly owned subsidiaries and operating results from capacity purchase carriers.
Press release American Airlines Group |
