10 July 2014
American Airlines Group (NASDAQ: AAL) said its total revenue passenger miles (RPMs) for the month of June were 19.9 billion, up 1.0 percent versus June 2013.
Total capacity was 23.4 billion available seat miles (ASMs), up 3.2 percent versus June 2013. Total passenger load factor was 85.0 percent for the month of June, down 1.9 points versus June 2013.
The company expects its second quarter 2014 consolidated passenger revenue per available seat mile (PRASM) to be up approximately 5.5 percent to 6.5 percent versus the same period last year. In addition, the company expects its second quarter pre-tax margin (excluding special items) to be approximately 12 percent to 13 percent. For more financial forecasting detail, please refer to the company´s investor relations update also filed this morning on SEC Form 8-K.
American Airlines Group is the holding company for American Airlines and US Airways. Together with wholly owned and third-party regional carriers operating as American Eagle and US Airways Express, the airlines operate an average of nearly 6,700 flights per day to 339 destinations in 54 countries from its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, D.C. Connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines and follow US Airways on Twitter @USAirways.
American Airlines Group June passenger miles up 1%
10 July 2014