The parent of American Airlines and US Airways says June passenger traffic rose 1 percent compared to the same month a year ago.
Fort Worth-based American Airlines Group on Wednesday said it expects passenger revenue to rise in its second quarter.
The company expects to post up to $630 million in charges in the second quarter, related to fuel hedging contracts and its merger with US Airways. About $330 million of the charges are related to selling its fuel hedging contracts and about $250 million to $330 million is related to its bankruptcy restructuring and merger.
Passengers flew 19.9 billion miles last month -- but the aircraft were less full. The average flight was 85 percent full in June, compared with 86.9 percent full a year ago.
Copyright AP - Associated Press
