American Airlines Group (NASDAQ:AAL) today reported January 2017 traffic results.
American Airlines Group’s total revenue passenger miles (RPMs) were 17.0 billion, down 0.3 percent versus January 2016. Total capacity was 21.7 billion available seat miles (ASMs), up 1.2 percent versus January 2016. Total passenger load factor was 78.6 percent, down 1.1 percentage points versus January 2016.
The Company continues to expect its first quarter 2017 total revenue per available seat mile (TRASM) to be up 2.5 percent to 4.5 percent year-over-year. In addition, the Company continues to expect its first quarter pre-tax margin excluding special items1 to be between 3 percent and 5 percent.
The following summarizes American Airlines Group traffic results for the month ended January 31, 2017, and 2016, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements.
1American is unable to reconcile certain forward-looking projections to GAAP as the nature or amount of special items cannot be determined at this time
