AMR Corp. reports October PRASM up 6.6%

theflyonthewall.com

This result was impacted by the government shutdown, which led to a reduction of approximately $20M in revenue and 1.1 percentage points in PRASM. Separately, the year-over-year PRASM comparison was aided by 2.7 percentage points from reduced revenues in October 2012 associated with operational disruptions that impacted bookings last year. Consolidated capacity and traffic were 4.3% and 4.4% higher year-over-year, respectively, resulting in a consolidated load factor of 82.4 percent, 0.1 points above the same period last year. Domestic traffic was 3.5% higher year-over-year on 3.9% more capacity, resulting in a domestic load factor of 83.6%, 0.3 points lower compared to the same period last year. International load factor of 82% was 0.7 points higher year-over-year, as traffic increased 5% on 4.1 percent more capacity. The Atlantic entity recorded the highest load factor of 86.5%, an increase of 3.7 points versus October 2012.

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