FORT WORTH, Texas, Jan. 9, 2013 /PRNewswire/ --AMR Corporation today reported December 2012 consolidated revenue and traffic results for its principal subsidiary, American Airlines, Inc., and its wholly owned subsidiary, AMR Eagle Holding Corporation.
Consolidated capacity and traffic were 2.0 percent and 2.1 percent higher year-over-year, respectively, resulting in a consolidated load factor of 80.2 percent, an increase of 0.1 points versus the same period last year.
Domestic capacity and traffic were 1.6 percent and 2.4 percent higher year-over-year, respectively, resulting in a domestic load factor of 81.6 percent, 0.6 points higher compared to the same period last year.
International load factor of 79.3 percent was 1.2 points lower year-over-year, as traffic increased 2.1 percent on 3.7 percent more capacity. The Atlantic entity recorded the highest load factor of 83.3 percent, an increase of 2.0 points versus December 2011.
December's consolidated passenger revenue per available seat mile (PRASM) increased an estimated 1.6 percent versus the same period last year. On a consolidated basis, the company boarded 8.9 million passengers in December.
The Company's Results Are Detailed Below:
AMR PRELIMINARY RESULTS SUMMARY | |
December 2012 consolidated year-over-year PRASM change | 1.6% |
December 2011 consolidated PRASM (cents/ASM) | 12.41 |
December 2012 consolidated fuel price including effective hedges & taxes (dollars/gallon) | $3.14 |
AMR TRAFFIC SUMMARY | |||||||||
EXCLUDES CHARTER SERVICES | |||||||||
DECEMBER | Year-to-Date | ||||||||
2012 | 2011 | Change | 2012 | 2011 | Change | ||||
REVENUE PASSENGER MILES (000) | |||||||||
Domestic | 6,206,350 | 6,063,772 | 2.4 | % | 75,187,419 | 76,254,101 | (1.4) | % | |
International | 4,258,035 | 4,168,962 | 2.1 | 51,163,444 | 50,189,252 | 1.9 | |||
Atlantic | 1,279,990 | 1,346,372 | (4.9) | 18,452,955 | 19,061,573 | (3.2) | |||
Latin America | 2,358,300 | 2,250,303 | 4.8 | 25,184,358 | 24,235,243 | 3.9 | |||
Pacific | 619,746 | 572,287 | 8.3 | 7,526,130 | 6,892,437 | 9.2 | |||
Mainline | 10,464,385 | 10,232,734 | 2.3 | 126,350,862 | 126,443,353 | (0.1) | |||
Regional | 829,865 | 833,419 | (0.4) | 10,209,404 | 9,890,436 | 3.2 | |||
Consolidated | 11,294,250 | 11,066,153 | 2.1 | 136,560,266 | 136,333,790 | 0.2 | |||
AVAILABLE SEAT MILES (000) | |||||||||
Domestic | 7,602,424 | 7,480,527 | 1.6 | % | 89,826,510 | 91,599,451 | (1.9) | % | |
International | 5,368,959 | 5,178,942 | 3.7 | 62,721,479 | 62,654,899 | 0.1 | |||
Atlantic | 1,536,702 | 1,655,756 | (7.2) | 22,272,516 | 23,833,427 | (6.5) | |||
Latin America | 3,073,235 | 2,821,489 | 8.9 | 31,312,695 | 29,991,903 | 4.4 | |||
Pacific | 759,022 | 701,696 | 8.2 | 9,136,268 | 8,829,568 | 3.5 | |||
Mainline | 12,971,383 | 12,659,469 | 2.5 | 152,547,989 | 154,254,350 | (1.1) | |||
Regional | 1,114,548 | 1,153,302 | (3.4) | 13,581,611 | 13,492,527 | 0.7 | |||
Consolidated | 14,085,931 | 13,812,771 | 2.0 | 166,129,600 | 167,746,876 | (1.0) | |||
LOAD FACTOR | |||||||||
Domestic | 81.6 | 81.1 | 0.6 | Pts | 83.7 | 83.2 | 0.5 | Pts | |
International | 79.3 | 80.5 | (1.2) | 81.6 | 80.1 | 1.5 | |||
Atlantic | 83.3 | 81.3 | 2.0 | 82.9 | 80.0 | 2.9 | |||
Latin America | 76.7 | 79.8 | (3.0) | 80.4 | 80.8 | (0.4) | |||
Pacific | 81.7 | 81.6 | 0.1 | 82.4 | 78.1 | 4.3 | |||
Mainline | 80.7 | 80.8 | (0.2) | 82.8 | 82.0 | 0.9 | |||
Regional | 74.5 | 72.3 | 2.2 | 75.2 | 73.3 | 1.9 | |||
Consolidated | 80.2 | 80.1 | 0.1 | 82.2 | 81.3 | 0.9 | |||
PASSENGERS BOARDED | |||||||||
Mainline | 7,206,357 | 7,008,797 | 2.8 | % | 86,335,102 | 86,042,261 | 0.3 | % | |
Regional | 1,732,055 | 1,731,632 | 0.0 | 21,471,476 | 21,188,447 | 1.3 | |||
Consolidated | 8,938,412 | 8,740,429 | 2.3 | 107,806,578 | 107,230,708 | 0.5 | |||
SYSTEM CARGO TON MILES (000) | |||||||||
Total | 149,505 | 144,178 | 3.7 | % | 1,761,430 | 1,783,283 | (1.2) | % | |
Note: Regional data is inclusive of American Eagle®, Executive Airlines®, and AmericanConnection®.
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, the impact of the bankruptcy filings 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. The Company cannot predict what the ultimate value of any of its securities may be or whether holders of any such securities will receive any distribution in the Company's reorganization. However, it is likely that the Company's common stock will have little or no value at the time of the Company's emergence from bankruptcy, and the common stock could be canceled entirely upon the approval of the Bankruptcy Court. In the event of such cancellation, amounts invested in the Company's common stock will not be recoverable. Accordingly, the Company urges that caution be exercised with respect to existing and future investments in any of these securities (including the Company's common stock) or other Company claims. Readers are referred to the documents filed by the Company with the Securities and Exchange Commission, including the Company's Form 10-K for the period ended December 31, 2011, which further identify the important risk factors that could cause actual results to differ materially from the forward-looking statements in this news release. The Company disclaims any obligation to update any forward-looking statement or information.
About American Airlines
American Airlines, American Eagle® and the AmericanConnection® carrier serve 260 airports in more than 50 countries and territories with, on average, more than 3,500 daily flights. The combined network fleet numbers nearly 900 aircraft. American's award-winning website, AA.com®, provides users with easy access to check and book fares, plus personalized news, information and travel offers. American Airlines is a founding member of the oneworld® alliance, which brings together some of the best and biggest names in the airline business, enabling them to offer their customers more services and benefits than any airline can provide on its own. Together, its members and members-elect serve more than 900 destinations with more than 9,000 daily flights to 150 countries and territories. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AmericanAirlines, American Eagle, AmericanConnection, AA.com, and AAdvantage are trademarks of American Airlines, Inc. AMR Corporation common stock trades under the symbol "AAMRQ" on the OTCQB marketplace, operated by OTC Markets Group.
Current AMR Corp. news releases can be accessed at http://www.aa.com
SOURCE AMR Corporation
