June traffic up for AA

[FA Mikey]

American Airlines, the world's largest airline, reported a June load factor of 85.4 percent - an increase of 2.6 points compared to the same period last year. Traffic decreased slightly year over year as capacity decreased 3.1 percent.

Domestic traffic decreased 2.9 percent year over year on 5.9 percent less capacity. International traffic increased by 5.5 percent relative to last year on a capacity increase of 2.3 percent.

American boarded 8.8 million passengers in June.story and stats here

 

[Oneflyer]

Not a lot of Non-rev opportunities at a 85.4% load factor.

 

[FA Mikey]

American Eagle, the regional carrier for American Airlines, on Wednesday said its June traffic grew 12.7 percent on more modest capacity growth of 5.5 percent.

The carrier reported June traffic grew to 826,042 revenue passenger miles, an industry unit for a paying passenger flown one mile. Capacity grew to 1 million available seat miles, while occupancy increased 5.2 percentage points to 80.5 percent in the month.

Year to date, the carrier said traffic is up 17.8 percent on 10 percent capacity growth, while occupancy is up 4.9 percentage points to 73.8 percent.

story here

 

[flyhigh]

we had a program when I was at Delta that would find all the trips after 4p on Friday and return after noon on Sun that had less than 80% load factor. I imagine all carriers would have a short to non-existent list these days. These load factors are amazing. Concerning quite frankly. To run a system 80%+ LF is a tremendous stress on the operation!

 

[Senor Pelon]

I remember the days when a 65% load factor meant profits. Now 85% load factors and not making money. Something just does not jive.

 

[Oneflyer]

I remember the days when a 65% load factor meant profits. Now 85% load factors and not making money. Something just does not jive.

How hard is it to understand that fuel prices have tripled?

 

[local 12 proud]

How hard is it to understand that fuel prices have tripled?

True, but ticket prices have not! the price of fuel is being subsidized by the airline employees, with more sure to come.

 

[Hopeful]

How hard is it to understand that fuel prices have tripled?

How hard is it to understand that CEO and Executive pay continues to rise while the employees's pay stagnates?

 

[Oneflyer]

True, but ticket prices have not! the price of fuel is being subsidized by the airline employees, with more sure to come.

No one would fly if you tripled ticket prices.

 

[AMFAMAN]

No one would fly if you tripled ticket prices.

Maybe 65% would and we would still be rolling in the dough.

 

[eolesen]

How hard is it to understand that CEO and Executive pay continues to rise while the employees's pay stagnates?

Hmmm. Maybe I'm missing something, but where in the proxy statements does it show that Arpey or any other VP's base pay has continued to rise at a rate higher than what the rank and file have been getting?

 

[Garfield1966]

Geez, there you go bring facts in to the disscussion.

 

[Oneflyer]

How hard is it to understand that CEO and Executive pay continues to rise while the employees's pay stagnates?

I find it hard to understand how you take broad economic issues and aim your hatred directly at your employer, even though your employer shows remarkable restraint in that same subject. It doesn't make any sense.

To compare what the CEOs of some companies are making on a yearly basis to what Arpey makes is a joke. The CEO of my company made well over $2 million in salary and over $10 million in options. That is outrageous, especially when the company is much easier to run than AA.

 

[flyhigh]

...actually, AMR is projected to be profitable during the summer. On a net basis, not just operating, which would be a welcome sign in the industry. I think CO is as well.

While ticket prices haven't tripled, they have gone up pretty significantly this year.

 

[TIME FOR CHANGE]

I find it hard to understand how you take broad economic issues and aim your hatred directly at your employer, even though your employer shows remarkable restraint in that same subject. It doesn't make any sense.

To compare what the CEOs of some companies are making on a yearly basis to what Arpey makes is a joke. The CEO of my company made well over $2 million in salary and over $10 million in options. That is outrageous, especially when the company is much easier to run than AA.

The hatred for our employer has nothing to do with todays "broad economic issues"
The hatred comes from years of concessions in order to subsidize the countless assanine decisions that have been made over the years. The massive concessions to offset fuel prices is just another chip off the old block. :down:


If the CEO of your company is making all that money Im sure your pension and medical benefits are as good as or better than his. After all if he is making all that money your company must be rolling in the dough