AA: Traffic Flat, Revenue Figure Up

AMR Corp. said passenger revenue per available seat mile rose 4.1 percent in August

The parent of American Airlines says traffic barely changed in August compared with a year ago, but a key revenue measure rose more than at other carriers.

Fort Worth-based AMR Corp. said Tuesday that passenger revenue per available seat mile, a closely watched statistic of pricing power, rose 4.1 percent last month, reflecting the benefit of several fare increases this year.

The same figure rose 4 percent at Delta Air Lines Inc., 2 to 3 percent at Dallas-based Southwest Airlines Co. and 1 percent at US Airways Group Inc. It declined 0.5 to 1.5 percent at United Continental Holdings Inc.

AMR last November filed for Chapter 11 bankruptcy protection.

Copyright AP - Associated Press
Contact Us