American Airlines (AAL) Feb. Traffic Increases 4.7%, Capacity Up 8%

March 8, 2016 8:09 AM EST

American Airlines Group (NASDAQ: AAL) today reported February and year-to-date 2016 traffic results.

American Airlines Group’s total revenue passenger miles (RPMs) were 15.7 billion, up 4.7 percent versus February 2015. Total capacity was 20.4 billion available seat miles (ASMs), up 8.0 percent versus February 2015. Total passenger load factor was 77.0 percent, down 2.3 percentage points versus February 2015. The Company’s traffic and capacity were both records for the month of February.

The Company continues to expect its first quarter 2016 consolidated passenger revenue per available seat mile (PRASM) to be down approximately 6 to 8 percent year-over-year. In addition, the Company continues to expect its first quarter pretax margin excluding special items to be between 12 and 14 percent.

The following summarizes American Airlines Group traffic results for the month ended February 29, 2016, and February 28, 2015, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements.

American Airlines Group Traffic Results
February Year to Date
2016 2015 Change 2016 2015 Change
Revenue Passenger Miles (000)
Domestic9,356,535 8,886,516 5.3 % 19,181,819 18,576,022 3.3 %
Atlantic1,219,709 1,256,191 (2.9)% 2,844,197 2,881,004 (1.3)%
Latin America2,453,589 2,509,425 (2.2)% 5,349,268 5,503,791 (2.8)%
Pacific923,700 687,046 34.4 % 1,910,441 1,469,810 30.0 %
International4,596,998 4,452,662 3.2 % 10,103,906 9,854,605 2.5 %
Mainline 13,953,533 13,339,178 4.6 % 29,285,725 28,430,627 3.0 %
Regional1,725,496 1,631,704 5.7 % 3,475,354 3,357,732 3.5 %
Total Revenue Passenger Miles15,679,029 14,970,882 4.7 % 32,761,079 31,788,359 3.1 %
Available Seat Miles (000)
Domestic11,502,210 10,658,565 7.9 % 23,444,128 22,833,983 2.7 %
Atlantic2,050,648 1,981,394 3.5 % 4,257,329 4,223,018 0.8 %
Latin America3,314,491 3,288,770 0.8 % 6,965,148 7,023,899 (0.8)%
Pacific1,157,524 846,748 36.7 % 2,353,687 1,827,483 28.8 %
International6,522,663 6,116,912 6.6 % 13,576,164 13,074,400 3.8 %
Mainline 18,024,873 16,775,477 7.4 % 37,020,292 35,908,383 3.1 %
Regional2,350,197 2,093,732 12.2 % 4,782,491 4,467,470 7.1 %
Total Available Seat Miles20,375,070 18,869,209 8.0 % 41,802,783 40,375,853 3.5 %
Load Factor (%)
Domestic81.3 83.4 (2.1)pts81.8 81.4 0.4 pts
Atlantic59.5 63.4 (3.9)pts66.8 68.2 (1.4)pts
Latin America74.0 76.3 (2.3)pts76.8 78.4 (1.6)pts
Pacific79.8 81.1 (1.3)pts81.2 80.4 0.8 pts
International70.5 72.8 (2.3)pts74.4 75.4 (1.0)pts
Mainline 77.4 79.5 (2.1)pts79.1 79.2 (0.1)pts
Regional73.4 77.9 (4.5)pts72.7 75.2 (2.5)pts
Total Load Factor77.0 79.3 (2.3)pts78.4 78.7 (0.3)pts
Enplanements
Mainline10,582,081 10,199,393 3.8 % 21,889,604 21,424,728 2.2 %
Regional3,856,992 3,741,680 3.1 % 7,781,571 7,700,332 1.1 %
Total Enplanements14,439,073 13,941,073 3.6 % 29,671,175 29,125,060 1.9 %
System Cargo Ton Miles (000)174,418 176,581 (1.2)% 340,018 347,100 (2.0)%
Notes:
1) Canada, Puerto Rico and U.S. Virgin Islands are included in the domestic results.
2) Latin America numbers include the Caribbean.
3) Regional includes wholly owned subsidiaries and operating results from capacity purchase carriers.



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