American Airlines Group (NASDAQ: AAL) said it has reported November 2015 and year-to-date traffic results.
American Airlines Group´s total revenue passenger miles (RPMs) were 16.9 billion, up 4.3 percent versus November 2014 and were a record for the month. Total capacity was 20.8 billion available seat miles (ASMs), down 0.2 percent versus November 2014. Total passenger load factor was 81.2 percent, up 3.5 percentage points versus November 2014.
The company continues to expect its fourth quarter 2015 consolidated passenger revenue per available seat mile (PRASM) to be down approximately 5 to 7 percent year-over-year. In addition, the company continues to expect its fourth quarter pretax margin excluding special items to be between 12 and 14 percent.
American Airlines Group is the holding company for American Airlines. Together with regional partners operating as American Eagle, American offers an average of nearly 6,700 flights per day to nearly 350 destinations in more than 50 countries.