Dow Jones Business News
American Airlines December Traffic Rose 14%
Thursday January 2, 10:22 pm ET
FORT WORTH, Texas (Dow Jones)--AMR Corp.''s American Airlines said it flew 10.4 billion systemwide revenue passenger miles in December, a 14% increase over last year, but a 5.7% decline from 2000.
A revenue passenger mile is one paying passenger flown one mile.
Load factor, or percentage of seats filled, was 73.3% for the month, up 6.1 points from a year ago and 4.4 points higher than 2000.
The only other major U.S. airline to report December figures so far is Continental Airlines Inc. Which said its mainline jet traffic in December rose 7% from 2001, but fell 4.4% from 2000.
For the full 2002, American flew 121.7 billion revenue passenger miles, down 4.2% from 127 billion a year earlier.
Load factor for the year was 70.7%, up from 68.8% in the previous year.
American''s on-time performance in December was 81.4%, compared with 80.2% in December 2001. The airline''s completion factor - the number of flights flown expressed as a percentage of the number of flights scheduled - was 98.3%, up from 95.7% in the same month last year.
American Airlines December Traffic Rose 14%
Thursday January 2, 10:22 pm ET
FORT WORTH, Texas (Dow Jones)--AMR Corp.''s American Airlines said it flew 10.4 billion systemwide revenue passenger miles in December, a 14% increase over last year, but a 5.7% decline from 2000.
A revenue passenger mile is one paying passenger flown one mile.
Load factor, or percentage of seats filled, was 73.3% for the month, up 6.1 points from a year ago and 4.4 points higher than 2000.
The only other major U.S. airline to report December figures so far is Continental Airlines Inc. Which said its mainline jet traffic in December rose 7% from 2001, but fell 4.4% from 2000.
For the full 2002, American flew 121.7 billion revenue passenger miles, down 4.2% from 127 billion a year earlier.
Load factor for the year was 70.7%, up from 68.8% in the previous year.
American''s on-time performance in December was 81.4%, compared with 80.2% in December 2001. The airline''s completion factor - the number of flights flown expressed as a percentage of the number of flights scheduled - was 98.3%, up from 95.7% in the same month last year.