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AMR Corporation Reports Record Passenger Unit Revenue
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Consolidated Traffic Increased 2.5 Percent

FORT WORTH, Texas, Aug. 12, 2013 /PRNewswire/ -- AMR Corporation today reported July 2013 consolidated revenue and traffic results for its principal subsidiary, American Airlines, Inc., and its wholly owned subsidiary, AMR Eagle Holding Corporation.

July's consolidated passenger revenue per available seat mile (PRASM) increased an estimated 4.0 percent versus last year, to an all-time record high for any month of 14.61 cents/ASM.

Consolidated capacity and traffic were 2.6 percent and 2.5 percent higher year-over-year, respectively, resulting in a consolidated load factor of 86.9 percent, 0.1 points lower versus the same period last year.

Domestic traffic was 0.3 percent higher year-over-year on 0.2 percent less capacity, resulting in a domestic load factor of 88.7 percent, 0.5 points higher compared to the same period last year.

International load factor of 86.4 percent was 0.7 points lower year-over-year, as traffic increased 5.4 percent on 6.2 percent more capacity.

On a consolidated basis, the company boarded 10 million passengers in July.

The Company's Results Are Detailed Below:

AMR Preliminary Results Summary

 

July 2013 consolidated PRASM (cents/ASM)*

14.61

July 2013 consolidated year-over-year PRASM change

4.0%

July 2013 consolidated fuel price including effective hedges & taxes (dollars/gallon)

$2.89

*Note: Previously, consolidated PRASM (cents/ASM) was quoted for the prior year period. 


 

AMR TRAFFIC SUMMARY

INCLUDES CHARTER SERVICES

 
   

JULY

 

Year-to-Date

   

2013

2012

Change

 

2013

2012

Change

REVENUE PASSENGER MILES (000)

        
 

Domestic

6,976,101

6,952,940

0.3

%

 

44,407,644

44,557,069

(0.3)

%

 

International

5,217,607

4,949,303

5.4

  

30,775,874

29,891,376

3.0

 
 

   Atlantic

1,898,881

1,960,459

(3.1)

  

10,270,573

10,568,638

(2.8)

 
 

   Latin America

2,559,646

2,314,057

10.6

  

15,923,101

14,915,691

6.8

 
 

   Pacific

759,080

674,786

12.5

  

4,582,201

4,407,047

4.0

 
           
 

Mainline

12,193,707

11,902,243

2.4

  

75,183,518

74,448,445

1.0

 
 

Regional

949,553

925,863

2.6

  

6,028,810

5,979,736

0.8

 
 

Consolidated

13,143,261

12,828,105

2.5

  

81,212,328

80,428,181

1.0

 
           

AVAILABLE SEAT MILES (000)

         
 

Domestic

7,866,996

7,882,245

(0.2)

%

52,194,248

53,042,449

(1.6)

%

 

International

6,038,889

5,684,363

6.2

  

37,827,011

36,730,872

3.0

 
 

   Atlantic

2,176,237

2,230,614

(2.4)

  

12,427,652

12,938,041

(3.9)

 
 

   Latin America

2,983,869

2,674,988

11.5

  

19,860,881

18,458,620

7.6

 
 

   Pacific

878,782

778,761

12.8

  

5,538,478

5,334,211

3.8

 
           
 

Mainline

13,905,884

13,566,608

2.5

  

90,021,259

89,773,321

0.3

 
 

Regional

1,214,716

1,177,365

3.2

  

8,016,197

7,957,926

0.7

 
 

Consolidated

15,120,600

14,743,973

2.6

  

98,037,456

97,731,247

0.3

 
           

LOAD FACTOR

         
 

Domestic

88.7

88.2

0.5

Pts

85.1

84.0

1.1

Pts

 

International

86.4

87.1

(0.7)

  

81.4

81.4

(0.0)

 
 

   Atlantic

87.3

87.9

(0.6)

  

82.6

81.7

1.0

 
 

   Latin America

85.8

86.5

(0.7)

  

80.2

80.8

(0.6)

 
 

   Pacific

86.4

86.6

(0.3)

  

82.7

82.6

0.1

 
           
 

Mainline

87.7

87.7

(0.0)

  

83.5

82.9

0.6

 
 

Regional

78.2

78.6

(0.5)

  

75.2

75.1

0.1

 
 

Consolidated

86.9

87.0

(0.1)

  

82.8

82.3

0.5

 
           

PASSENGERS BOARDED

         
 

Mainline

8,089,178

7,994,135

1.2

%

51,271,732

51,175,971

0.2

%

 

Regional

1,950,587

1,939,846

0.6

  

12,542,052

12,546,488

(0.0)

 
 

Consolidated

10,039,765

9,933,981

1.1

  

63,813,784

63,722,459

0.1

 
           

SYSTEM CARGO TON MILES (000)

        
 

Total

154,124

145,833

5.7

%

1,033,403

1,046,445

(1.2)

%

            

Notes: Regional data includes operations by wholly owned subsidiaries of AMR, and operations performed by third parties under executed air service agreements.  All load factor and year-over-year change figures have been rounded to the nearest tenth.  Beginning with the June 2013 traffic release, data includes charter services.

Cautionary Statement Regarding Forward-Looking Statements
This document includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995.  These forward-looking statements may be identified by words such as "may," "will," "expect," "intend," "anticipate," "believe," "estimate," "plan," "project," "could," "should," "would," "continue," "seek," "target," "guidance," "outlook," "forecast" and other similar words.  These forward-looking statements are based on AMR's and US Airways' current objectives, beliefs and expectations, and they are subject to significant risks and uncertainties that may cause actual results and financial position and timing of certain events to differ materially from the information in the forward-looking statements.  The following factors, among others, could cause actual results and financial position and timing of certain events to differ materially from those described in the forward-looking statements:  the challenges and costs of the proposed transaction, including integrating operations and achieving anticipated synergies; the price of, market for and potential market price volatility of common stock of the ultimate parent entity following the closing of the proposed transaction; significant liquidity requirements and substantial levels of indebtedness of the combined company following the closing; potential limitations on the use of certain tax attributes following the closing; failure of the proposed transaction to be completed; and other economic, business, competitive, and/or regulatory factors affecting the business of the combined company after the closing and the businesses of US Airways and AMR generally, including those set forth in the filings of US Airways and AMR with the SEC, especially in the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of their respective annual reports on Form 10-K and quarterly reports on Form 10-Q, their current reports on Form 8-K and other SEC filings, including the registration statement and the proxy statement/prospectus related to the proposed transaction.  Any forward-looking statements speak only as of the date hereof or as of the dates indicated in the statements.  Neither AMR nor US Airways assumes any obligation to publicly update or supplement any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting these forward-looking statements except as required by law.

About American Airlines
American Airlines focuses on providing an exceptional travel experience across the globe, serving more than 260 airports in more than 50 countries and territories. American's fleet of nearly 900 aircraft fly more than 3,500 daily flights worldwide from hubs in Chicago, Dallas/Fort Worth, Los Angeles, Miami and New York. American flies to nearly 100 international locations including important markets such as London, Madrid, São Paulo and Tokyo. With more than 500 new planes scheduled to join the fleet, including continued deliveries of the Boeing 737 family of aircraft and new additions such as the Boeing 777-300ER and the Airbus A320 family of aircraft, American is building toward the youngest and most modern fleet among major U.S. carriers. American's website, AA.com®, provides customers with easy access to check and book fares, and personalized news, information and travel offers. American's AAdvantage® program, voted Airline Program of the Year at the 2013 Freddie Awards, lets members redeem miles for flights to almost 950 destinations worldwide, as well as flight upgrades, vacation packages, car rentals, hotel stays and other retail products. The airline also offers nearly 40 Admirals Club® locations worldwide providing comfort, convenience, and an environment with a full range of services making it easy for customers to stay productive without interruption. American is a founding member of the oneworld® alliance, which brings together some of the best and biggest airlines in the world, including global brands like British Airways, Cathay Pacific, Iberia Airlines, Japan Airlines, LAN and Qantas. Together, its members serve more than 840 destinations served by some 9,000 daily flights to nearly 160 countries and territories. Connect with American on Twitter @AmericanAir or Facebook.com/AmericanAirlines. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AMR Corporation common stock trades under the symbol "AAMRQ" on the OTCQB marketplace, operated by OTC Markets Group.

SOURCE AMR Corporation

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