Texas, USA-based airline holding company AMR Corp. (OTC: AAMRQ) has posted August 2012 consolidated revenue and traffic results for its principal subsidiary, American Airlines, Inc., and its wholly owned subsidiary, AMR Eagle Holding Corp..
According to AMR, August's consolidated passenger revenue per available seat mile (PRASM) increased an estimated 4.1 % versus the same period last year, continuing the positive trend seen in prior months. Excluding the unique impact on AMR's Miami hub operation due to Hurricane Isaac in August 2012, and the effect of the 2011 FAA excise tax suspension, unit revenue improvement in August 2012 would have been approximately 1.8 points higher. Consolidated traffic increased 0.1% year-over-year, on 1.5% lower capacity, resulting in a consolidated load factor of 85.8%, an increase of 1.4 points versus the same period last year.Domestic load factor increased 1.1 points to 87.2%, as capacity and traffic were 2.0 and 0.7% lower year-over-year, respectively. International traffic increased 0.6% on 1.4 % less capacity, resulting in an international load factor of 85.8 %, an increase of 1.7 points compared to the same period last year. The Pacific entity recorded a load factor of 86.1% and led the international entities with a 3.5 point load factor increase. On a consolidated basis, the company boarded 9.6 m passengers in August.
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