Welcome!

News Feed Item

AMR Corporation Reports Corrected November 2012 Revenue And Traffic Results

FORT WORTH, Texas, Dec. 13, 2012 /PRNewswire/ -- On Monday, December 10, the company's press release announcing November 2012 Revenue and Traffic results contained inadvertent errors in the year-to-date totals, and in reported regional and consolidated traffic and capacity results. There were no changes to the mainline traffic information or the unit revenue results for November.   The complete corrected press release is included below.

AMR Corporation 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 2.1 percent and 0.9 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 & taxes (dollars/gallon)

$3.20

 

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)

%

68,981,069

70,190,329

(1.7)

%


International

3,884,548

3,714,699

4.6


46,905,408

46,020,290

1.9



   Atlantic

1,199,470

1,300,443

(7.8)


17,172,965

17,715,200

(3.1)



   Latin America

2,107,929

1,922,372

9.7


22,826,059

21,984,940

3.8



   Pacific

577,149

491,883

17.3


6,906,384

6,320,150

9.3













Mainline

9,838,722

9,739,348

1.0


115,886,477

116,210,619

(0.3)



Regional

816,796

826,135

(1.1)


9,379,539

9,057,018

3.6



Consolidated

10,655,518

10,565,482

0.9


125,266,017

125,267,637

(0.0)












AVAILABLE SEAT MILES (000)









Domestic

7,191,236

7,147,023

0.6

%

82,224,086

84,118,924

(2.3)

%


International

4,920,860

4,677,895

5.2


57,352,520

57,475,957

(0.2)



   Atlantic

1,501,200

1,676,363

(10.4)


20,735,814

22,177,671

(6.5)



   Latin America

2,686,880

2,368,901

13.4


28,239,460

27,170,414

3.9



   Pacific

732,780

632,630

15.8


8,377,246

8,127,872

3.1













Mainline

12,112,096

11,824,918

2.4


139,576,605

141,594,881

(1.4)



Regional

1,095,399

1,116,548

(1.9)


12,467,063

12,339,225

1.0



Consolidated

13,207,494

12,941,466

2.1


152,043,669

153,934,105

(1.2)












LOAD FACTOR










Domestic

82.8

84.3

(1.5)

Pts

83.9

83.4

0.5

Pts


International

78.9

79.4

(0.5)


81.8

80.1

1.7



   Atlantic

79.9

77.6

2.3


82.8

79.9

2.9



   Latin America

78.5

81.2

(2.7)


80.8

80.9

(0.1)



   Pacific

78.8

77.8

1.0


82.4

77.8

4.7













Mainline

81.2

82.4

(1.1)


83.0

82.1

1.0



Regional

74.6

74.0

0.6


75.2

73.4

1.8



Consolidated

80.7

81.6

(1.0)


82.4

81.4

1.0












PASSENGERS BOARDED










Mainline

6,881,270

6,809,664

1.1

%

79,128,745

79,033,464

0.1

%


Regional

1,732,712

1,754,780

(1.3)


19,739,421

19,456,815

1.5



Consolidated

8,613,982

8,564,444

0.6


98,868,166

98,490,279

0.4












SYSTEM CARGO TON MILES (000)









Total

145,028

143,855

0.8

%

1,611,925

1,639,104

(1.7)

%

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

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
"Once customers get a year into their IoT deployments, they start to realize that they may have been shortsighted in the ways they built out their deployment and the key thing I see a lot of people looking at is - how can I take equipment data, pull it back in an IoT solution and show it in a dashboard," stated Dave McCarthy, Director of Products at Bsquare Corporation, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
"We are an all-flash array storage provider but our focus has been on VM-aware storage specifically for virtualized applications," stated Dhiraj Sehgal of Tintri in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
IoT is rapidly changing the way enterprises are using data to improve business decision-making. In order to derive business value, organizations must unlock insights from the data gathered and then act on these. In their session at @ThingsExpo, Eric Hoffman, Vice President at EastBanc Technologies, and Peter Shashkin, Head of Development Department at EastBanc Technologies, discussed how one organization leveraged IoT, cloud technology and data analysis to improve customer experiences and effici...
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
The cloud competition for database hosts is fierce. How do you evaluate a cloud provider for your database platform? In his session at 18th Cloud Expo, Chris Presley, a Solutions Architect at Pythian, gave users a checklist of considerations when choosing a provider. Chris Presley is a Solutions Architect at Pythian. He loves order – making him a premier Microsoft SQL Server expert. Not only has he programmed and administered SQL Server, but he has also shared his expertise and passion with b...
"IoT is going to be a huge industry with a lot of value for end users, for industries, for consumers, for manufacturers. How can we use cloud to effectively manage IoT applications," stated Ian Khan, Innovation & Marketing Manager at Solgeniakhela, in this SYS-CON.tv interview at @ThingsExpo, held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA.
As data explodes in quantity, importance and from new sources, the need for managing and protecting data residing across physical, virtual, and cloud environments grow with it. Managing data includes protecting it, indexing and classifying it for true, long-term management, compliance and E-Discovery. Commvault can ensure this with a single pane of glass solution – whether in a private cloud, a Service Provider delivered public cloud or a hybrid cloud environment – across the heterogeneous enter...
Without a clear strategy for cost control and an architecture designed with cloud services in mind, costs and operational performance can quickly get out of control. To avoid multiple architectural redesigns requires extensive thought and planning. Boundary (now part of BMC) launched a new public-facing multi-tenant high resolution monitoring service on Amazon AWS two years ago, facing challenges and learning best practices in the early days of the new service. In his session at 19th Cloud Exp...
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, provided an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data professionals...
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Onalytica. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smar...
What happens when the different parts of a vehicle become smarter than the vehicle itself? As we move toward the era of smart everything, hundreds of entities in a vehicle that communicate with each other, the vehicle and external systems create a need for identity orchestration so that all entities work as a conglomerate. Much like an orchestra without a conductor, without the ability to secure, control, and connect the link between a vehicle’s head unit, devices, and systems and to manage the ...