American Airlines revenue measure rises

DALLAS, TX - JANUARY 17: American Airlines unveils a new company logo and exterior paint scheme on a Boeing 737-800 aircraft on January 17, 2013 in Dallas, Texas. The exterior changes are the first for the company since 1968 and were announced as the parent company of American Airlines, AMR, is considering a merger with US Airways. (Photo by Tom Pennington/Getty Images) Tom Pennington

FORT WORTH, Texas Demand for international travel boosted traffic and a key revenue measure on American Airlines last month.

American parent AMR Corp. said Tuesday that passenger revenue for every seat flown one mile rose 1.7 percent in June to a record 14.39 cents.

Fort Worth, Texas-based AMR said passengers on American and regional subsidiary American Eagle flew 12.46 billion miles last month, up 2.4 percent from 12.17 billion miles in June 2012.

The airlines raised passenger-carrying capacity even faster -- by 2.6 percent -- so the average flight was 86.9 percent full, down from 87.1 percent a year earlier. Domestic flights, however, were more crowded than in June 2012.

Transatlantic traffic declined 1.8 percent, but traffic to and from Latin America rose 10.1 percent, and Asia Pacific traffic jumped 12.2 percent.


Market Data

Market News

Stock Watchlist