American Airlines Group Reports January Traffic
February 09 2017 - 8:00AM
American Airlines Group (NASDAQ:AAL) today reported January 2017
traffic results.
American Airlines Group’s total revenue passenger miles (RPMs)
were 17.0 billion, down 0.3 percent versus January 2016. Total
capacity was 21.7 billion available seat miles (ASMs), up 1.2
percent versus January 2016. Total passenger load factor was 78.6
percent, down 1.1 percentage points versus January 2016.
The Company continues to expect its first quarter 2017 total
revenue per available seat mile (TRASM) to be up 2.5 percent to 4.5
percent year-over-year. In addition, the Company continues to
expect its first quarter pre-tax margin excluding special
items1 to be between 3 percent and 5 percent.
The following summarizes American Airlines Group traffic results
for the month ended January 31, 2017, and 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
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American Airlines Group Traffic Results |
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January |
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2017 |
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2016 |
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Change |
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Revenue Passenger Miles (000) |
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Domestic |
9,660,648 |
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9,825,283 |
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(1.7 |
) |
% |
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Atlantic |
1,550,688 |
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1,624,489 |
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(4.5 |
) |
% |
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Latin
America |
2,661,510 |
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2,895,678 |
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(8.1 |
) |
% |
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Pacific |
1,284,415 |
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986,741 |
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30.2 |
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% |
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International |
5,496,613 |
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5,506,908 |
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(0.2 |
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% |
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Mainline |
15,157,261 |
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15,332,191 |
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(1.1 |
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% |
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Regional |
1,879,137 |
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1,749,858 |
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7.4 |
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% |
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Total Revenue
Passenger Miles |
17,036,398 |
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17,082,049 |
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(0.3 |
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% |
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Available Seat Miles (000) |
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Domestic |
12,039,533 |
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11,941,917 |
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0.8 |
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% |
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Atlantic |
2,120,268 |
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2,206,680 |
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(3.9 |
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% |
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Latin
America |
3,345,362 |
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3,650,658 |
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(8.4 |
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% |
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Pacific |
1,544,590 |
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1,196,163 |
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29.1 |
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% |
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International |
7,010,220 |
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7,053,501 |
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(0.6 |
) |
% |
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Mainline |
19,049,753 |
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18,995,418 |
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0.3 |
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% |
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Regional |
2,631,207 |
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2,432,292 |
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8.2 |
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% |
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Total Available
Seat Miles |
21,680,960 |
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21,427,710 |
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1.2 |
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% |
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Load Factor (%) |
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Domestic |
80.2 |
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82.3 |
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(2.1 |
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pts |
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Atlantic |
73.1 |
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73.6 |
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(0.5 |
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pts |
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Latin
America |
79.6 |
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79.3 |
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0.3 |
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pts |
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Pacific |
83.2 |
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82.5 |
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0.7 |
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pts |
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International |
78.4 |
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78.1 |
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0.3 |
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pts |
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Mainline |
79.6 |
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80.7 |
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(1.1 |
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pts |
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Regional |
71.4 |
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71.9 |
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(0.5 |
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pts |
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Total Load
Factor |
78.6 |
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79.7 |
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(1.1 |
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pts |
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Enplanements |
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Mainline |
11,053,491 |
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11,307,524 |
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(2.2 |
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% |
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Regional |
4,075,680 |
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3,924,580 |
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3.9 |
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% |
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Total
Enplanements |
15,129,171 |
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15,232,104 |
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(0.7 |
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% |
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System Cargo Ton Miles (000) |
190,594 |
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165,599 |
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15.1 |
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% |
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Notes: |
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1 |
) |
Canada, Puerto Rico and U.S. Virgin Islands are included in
the domestic results. |
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2 |
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Latin America numbers include the Caribbean. |
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3 |
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Regional includes wholly owned subsidiaries and operating
results from capacity purchase carriers. |
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About American Airlines GroupAmerican Airlines
and American Eagle offer an average of nearly 6,700 flights per day
to nearly 350 destinations in more than 50 countries. American has
hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami,
New York, Philadelphia, Phoenix, and Washington, D.C. American is a
founding member of the oneworld® alliance, whose
members serve more than 1,000 destinations with about 14,250 daily
flights to over 150 countries. Shares of American Airlines Group
Inc. trade on Nasdaq under the ticker symbol AAL. In 2015, its
stock joined the S&P 500 index. Connect with American on
Twitter @AmericanAir and at Facebook.com/AmericanAirlines.
Cautionary Statement Regarding Forward-Looking
Statements and InformationCertain of the statements
contained in this document should be considered forward-looking
statements within the meaning of the Securities Act of 1933, as
amended, the Securities Exchange Act of 1934, as amended, and the
Private Securities Litigation Reform Act of 1995. These
forward-looking statements may be identified by words such as
“may,” “will,” “expect,” “intend,” “anticipate,” “believe,”
“estimate,” “plan,” “project,” “could,” “should,” “would,”
“continue,” “seek,” “target,” “guidance,” “outlook,” “if current
trends continue,” “optimistic,” “forecast” and other similar words.
Such statements include, but are not limited to, statements about
the Company’s expectations for first quarter results as well as the
Company’s plans, objectives, expectations, intentions, estimates
and strategies for the future, and other statements that are not
historical facts. These forward-looking statements are based on the
Company’s current objectives, beliefs and expectations, and they
are subject to significant risks and uncertainties that may cause
actual results and financial position and timing of certain events
to differ materially from the information in the forward-looking
statements. These risks and uncertainties include, but are not
limited to, those set forth in the Company’s Quarterly Report on
Form 10-Q for the quarter ended September 30, 2016 (especially in
Part I, Item 2, Management’s Discussion and Analysis of Financial
Condition and Results of Operations, and Part II, Item 1A, Risk
Factors) and other risks and uncertainties listed from time to time
in the Company’s other filings with the Securities and Exchange
Commission. There may be other factors of which the Company is not
currently aware that may affect matters discussed in the
forward-looking statements and may also cause actual results to
differ materially from those discussed. Any forward-looking
statements speak only as of the date hereof or as of the dates
indicated in the statements. The Company does not assume any
obligation to publicly update or supplement any forward-looking
statement to reflect actual results, changes in assumptions or
changes in other factors affecting these forward-looking statements
other than as required by law.
Corporate Communications
817-967-1577
mediarelations@aa.com
Investor Relations
817-931-3423
investor.relations@aa.com
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