American Airlines Group Reports Record May Traffic Results
June 09 2017 - 8:00AM
American Airlines Group (NASDAQ:AAL) today reported May and
year-to-date 2017 traffic results.
American Airlines Group’s total revenue passenger miles (RPMs)
were a record 19.9 billion, up 2.6 percent versus May 2016. Total
capacity was 24.3 billion available seat miles (ASMs), up 2.3
percent versus May 2016. Total passenger load factor was 82.1
percent, up 0.2 percentage points versus May 2016.
The Company continues to expect its second quarter 2017 total
revenue per available seat mile (TRASM) to be up approximately 3.5
percent to 5.5 percent year-over-year. In addition, the Company
continues to expect its second quarter pre-tax
margin excluding special items1 to be between 12 percent and
14 percent.
The following summarizes American Airlines Group traffic results
for the month ended May 31, 2017, and 2016, consisting of
mainline-operated flights, wholly owned regional subsidiaries and
operating results from capacity purchase agreements.
1. American 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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May |
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Year to Date |
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2017 |
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2016 |
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Change |
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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 |
10,927,953 |
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11,090,514 |
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(1.5 |
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% |
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50,771,414 |
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51,876,578 |
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(2.1 |
) |
% |
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Atlantic |
3,078,695 |
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2,711,012 |
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13.6 |
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% |
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10,028,382 |
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9,677,622 |
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3.6 |
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% |
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Latin
America |
2,454,784 |
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2,415,155 |
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1.6 |
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% |
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12,494,676 |
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12,924,231 |
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(3.3 |
) |
% |
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Pacific |
1,336,841 |
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1,084,526 |
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23.3 |
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% |
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6,277,205 |
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5,037,397 |
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24.6 |
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% |
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International |
6,870,320 |
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6,210,693 |
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10.6 |
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% |
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28,800,263 |
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27,639,250 |
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4.2 |
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% |
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Mainline |
17,798,273 |
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17,301,207 |
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2.9 |
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% |
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79,571,677 |
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79,515,828 |
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0.1 |
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% |
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Regional |
2,137,770 |
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2,135,092 |
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0.1 |
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% |
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9,937,139 |
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9,720,140 |
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2.2 |
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% |
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Total Revenue
Passenger Miles |
19,936,043 |
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19,436,299 |
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2.6 |
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% |
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89,508,816 |
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89,235,968 |
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0.3 |
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% |
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Available Seat Miles (000) |
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Domestic |
12,781,738 |
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12,886,209 |
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(0.8 |
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% |
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60,662,359 |
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61,705,281 |
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(1.7 |
) |
% |
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Atlantic |
3,939,159 |
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3,785,471 |
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4.1 |
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% |
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13,387,381 |
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13,743,173 |
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(2.6 |
) |
% |
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Latin
America |
3,180,658 |
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3,036,614 |
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4.7 |
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% |
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16,234,136 |
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16,746,815 |
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(3.1 |
) |
% |
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Pacific |
1,609,467 |
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1,316,055 |
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22.3 |
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% |
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7,744,371 |
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6,173,051 |
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25.5 |
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% |
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International |
8,729,284 |
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8,138,140 |
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7.3 |
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% |
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37,365,888 |
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36,663,039 |
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1.9 |
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% |
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Mainline |
21,511,022 |
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21,024,349 |
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2.3 |
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% |
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98,028,247 |
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98,368,320 |
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(0.3 |
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% |
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Regional |
2,776,724 |
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2,710,834 |
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2.4 |
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% |
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13,204,164 |
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12,855,364 |
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2.7 |
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% |
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Total Available
Seat Miles |
24,287,746 |
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23,735,183 |
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2.3 |
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% |
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111,232,411 |
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111,223,684 |
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- |
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% |
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Load Factor (%) |
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Domestic |
85.5 |
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86.1 |
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(0.6 |
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pts |
83.7 |
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84.1 |
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(0.4 |
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pts |
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Atlantic |
78.2 |
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71.6 |
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6.6 |
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pts |
74.9 |
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70.4 |
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4.5 |
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pts |
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Latin
America |
77.2 |
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79.5 |
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(2.3 |
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pts |
77.0 |
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77.2 |
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(0.2 |
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pts |
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Pacific |
83.1 |
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82.4 |
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0.7 |
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pts |
81.1 |
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81.6 |
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(0.5 |
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pts |
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International |
78.7 |
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76.3 |
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2.4 |
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pts |
77.1 |
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75.4 |
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1.7 |
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pts |
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Mainline |
82.7 |
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82.3 |
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0.4 |
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pts |
81.2 |
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80.8 |
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0.4 |
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pts |
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Regional |
77.0 |
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78.8 |
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(1.8 |
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pts |
75.3 |
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75.6 |
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(0.3 |
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pts |
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Total Load
Factor |
82.1 |
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81.9 |
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0.2 |
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pts |
80.5 |
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80.2 |
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0.3 |
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pts |
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Enplanements |
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Mainline |
12,690,517 |
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12,648,957 |
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0.3 |
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% |
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58,512,785 |
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59,066,442 |
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(0.9 |
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% |
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Regional |
4,735,411 |
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4,782,978 |
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(1.0 |
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% |
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21,806,910 |
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21,682,515 |
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0.6 |
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% |
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Total
Enplanements |
17,425,928 |
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17,431,935 |
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- |
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% |
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80,319,695 |
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80,748,957 |
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(0.5 |
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% |
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System Cargo Ton Miles (000) |
238,792 |
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204,390 |
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16.8 |
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% |
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1,084,618 |
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950,280 |
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14.1 |
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% |
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Notes: |
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1 |
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Canada, Puerto Rico and U.S. Virgin Islands are included in
the domestic results. |
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2 |
) |
Latin America numbers include the Caribbean. |
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3 |
) |
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 report should be considered
forward-looking statements within the meaning of the Securities Act
of 1933, as amended (the Securities Act), the Securities Exchange
Act of 1934, as amended (the Exchange Act), 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 expected
second quarter pre-tax margin, the expected change in total revenue
per available seat mile, statements about our 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 our 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
our Quarterly Report on Form 10-Q for the quarter ended March 31,
2017 (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 in our other filings with the
Securities and Exchange Commission (the SEC), and other risks and
uncertainties listed from time to time in our other filings with
the SEC. There may be other factors of which we are 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. We do 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. Any forward-looking statements speak only as
of the date hereof or as of the dates indicated in the
statements.
Corporate Communications
817-967-1577
mediarelations@aa.com
Investor Relations
817-931-3423
investor.relations@aa.com
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