AMR Corporation Reports November 2012 Revenue And Traffic Results

      AMR Corporation Reports November 2012 Revenue And Traffic Results

PR Newswire

FORT WORTH, Texas, Dec. 10, 2012

FORT WORTH, Texas, Dec. 10, 2012 /PRNewswire/ -- AMR Corporation today
reported November 2012 consolidated revenue and traffic results for its
principal subsidiary, American Airlines, Inc., and its wholly owned
subsidiary, AMR Eagle Holding Corporation.

Consolidated capacity and traffic were 1.9 percent and 0.7 percent higher
year-over-year respectively, resulting in a consolidated load factor of 80.7
percent, a decrease of 1.0 points versus the same period last year.

International traffic was 4.6 percent higher on a 5.2 percent increase in
capacity, resulting in an international load factor of 78.9 percent, 0.5
points lower compared to the same period last year. The Atlantic entity
recorded the highest load factor of 79.9 percent, an increase of 2.3 points
versus November 2011.

Domestic load factor decreased 1.5 points to 82.8 percent, as traffic
decreased 1.2 percent on 0.6 percent more capacity.

November's consolidated passenger revenue per available seat mile (PRASM)
decreased an estimated 2.3 percent versus the same period last year. American
estimates that Hurricane Sandy and the early November snow storm in the
Northeast negatively impacted November revenues by approximately $25 million,
and lowered unit revenue by 1.5 percentage points. Separately, operational
disruptions that took place in late September and early October affected
bookings for November travel, negatively impacting revenues in the month by an
estimated $30 million, and lowered unit revenue by an additional 1.8
percentage points. American estimates that absent these events, PRASM in
November 2012 would have been approximately 1.0 percent higher than in
November 2011.

On a consolidated basis, the company boarded 8.6 million passengers in
November.

THE COMPANY'S RESULTS ARE DETAILED BELOW:

AMR PRELIMINARY RESULTS SUMMARY
November 2012 consolidated year-over-year PRASM change                  (2.3)%
November 2011 consolidated PRASM (cents/ASM)                            12.94
November 2012 consolidated fuel price including effective hedges &      $3.20
taxes (dollars/gallon)

 

 

AMR TRAFFIC SUMMARY

EXCLUDES CHARTER SERVICES

 
               NOVEMBER                         Year-to-Date
               2012       2011       Change     2012        2011        Change
REVENUE PASSENGER MILES
(000)
 Domestic      5,954,174  6,024,649  (1.2)  %   75,023,730  70,190,329  6.9   %
 International 3,884,548  3,714,699  4.6        51,098,253  46,020,290  11.0
    Atlantic   1,199,470  1,300,443  (7.8)      18,831,858  17,715,200  6.3
    Latin      2,107,929  1,922,372  9.7        24,720,354  21,984,940  12.4
 America
    Pacific    577,149    491,883    17.3       7,546,041   6,320,150   19.4
 Mainline      9,838,722  9,739,348  1.0        126,121,983 116,210,619 8.5
 Regional      799,075    826,135    (3.3)      10,195,205  9,057,018   12.6
 Consolidated  10,637,797 10,565,482 0.7        136,317,188 125,267,637 8.8
AVAILABLE SEAT MILES
(000)
 Domestic      7,191,236  7,147,023  0.6    %   89,420,568  84,118,924  6.3   %
 International 4,920,860  4,677,895  5.2        62,509,723  57,475,957  8.8
    Atlantic   1,501,200  1,676,363  (10.4)     22,737,531  22,177,671  2.5
    Latin      2,686,880  2,368,901  13.4       30,622,777  27,170,414  12.7
 America
    Pacific    732,780    632,630    15.8       9,149,414   8,127,872   12.6
 Mainline      12,112,096 11,824,918 2.4        151,930,291 141,594,881 7.3
 Regional      1,073,630  1,116,548  (3.8)      13,540,689  12,339,225  9.7
 Consolidated  13,185,725 12,941,466 1.9        165,470,980 153,934,105 7.5
LOAD FACTOR
 Domestic      82.8       84.3       (1.5)  Pts 83.9        83.4        0.5   Pts
 International 78.9       79.4       (0.5)      81.7        80.1        1.7
    Atlantic   79.9       77.6       2.3        82.8        79.9        2.9
    Latin      78.5       81.2       (2.7)      80.7        80.9        (0.2)
 America
    Pacific    78.8       77.8       1.0        82.5        77.8        4.7
 Mainline      81.2       82.4       (1.1)      83.0        82.1        0.9
 Regional      74.4       74.0       0.4        75.3        73.4        1.9
 Consolidated  80.7       81.6       (1.0)      82.4        81.4        1.0
PASSENGERS
BOARDED
 Mainline      6,881,270  6,809,664  1.1    %   86,075,131  79,033,464  8.9   %
 Regional      1,676,679  1,754,780  (4.5)      21,384,739  19,456,815  9.9
 Consolidated  8,557,949  8,564,444  (0.1)      107,459,870 98,490,279  9.1
SYSTEM CARGO TON MILES
(000)
 Total         145,028    143,855    0.8    %   1,753,457   1,639,104   7.0   %

Note: Regional data is inclusive of American Eagle^®, Executive Airlines^®,
and AmericanConnection^®[.]

Cautionary Statement Regarding Forward-Looking Statements and Information
This news release could be viewed as containing forward-looking statements or
information. Actual results may differ materially from the results suggested
by the statements and information contained herein for a number of reasons,
including, but not limited to, the impact of the bankruptcy filings of the
Company and certain of its U.S. subsidiaries, the Company's ability to
refinance, extend or repay its near and intermediate term debt, the Company's
substantial level of indebtedness and related interest rates, the potential
impact of volatile and rising fuel prices, impairments and restructuring
charges. The Company cannot predict what the ultimate value of any of its
securities may be or whether holders of any such securities will receive any
distribution in the Company's reorganization. However, it is likely that the
Company's common stock will have little or no value at the time of the
Company's emergence from bankruptcy, and the common stock could be canceled
entirely upon the approval of the Bankruptcy Court. In the event of such
cancellation, amounts invested in the Company's common stock will not be
recoverable. Accordingly, the Company urges that caution be exercised with
respect to existing and future investments in any of these securities
(including the Company's common stock) or other Company claims. Readers are
referred to the documents filed by the Company with the Securities and
Exchange Commission, including the Company's Form 10-K for the period ended
December 31, 2011, which further identify the important risk factors that
could cause actual results to differ materially from the forward-looking
statements in this news release. The Company disclaims any obligation to
update any forward-looking statement or information.

About American Airlines
American Airlines, American Eagle^® and the AmericanConnection^® carrier serve
260 airports in more than 50 countries and territories with, on average, more
than 3,500 daily flights. The combined network fleet numbers nearly 900
aircraft. American's award-winning website, AA.com^®, provides users with easy
access to check and book fares, plus personalized news, information and travel
offers. American Airlines is a founding member of the oneworld^® alliance,
which brings together some of the best and biggest names in the airline
business, enabling them to offer their customers more services and benefits
than any airline can provide on its own. Together, its members and
members-elect serve more than 900 destinations with more than 9,000 daily
flights to 150 countries and territories. American Airlines, Inc. and American
Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AmericanAirlines,
American Eagle, AmericanConnection, AA.com, and AAdvantage are trademarks of
American Airlines, Inc. AMR Corporation common stock trades under the symbol
"AAMRQ" on the OTCQB marketplace, operated by OTC Markets Group.

Current AMR Corp. news releases can be accessed at http://www.aa.com

SOURCE AMR Corporation

Website: http://www.aa.com
Contact: Sean Collins, Media Relations, +1-817-967-1577, mediarelations@aa.com