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Airline Industry

American Airlines reports traffic growth

Joan E. Solsman  Feb 04, 2010

AMR Corp., the parent of American Airlines, said traffic grew in January, its first growth in more than a year, while US Airways Group Inc. reported another decline, though a key measure of revenue improved.

Many carriers are still struggling to report traffic levels above prior-year levels as the economy continues to sap demand for air travel. Some, notably discounters, have reported more passengers in recent months.

At American, traffic rose 0.4%. Load factor, a measure of plane fullness, rose to 76.2% from 73.8% as capacity dropped 2.7%. American, the No. 2 U.S. airline by revenue, last month reported a narrower fourth-quarter loss and said it will modestly expand its international flights this year despite rising fuel prices.

Meanwhile, AMR regional carrier American Eagle reported 9.1% traffic growth for January. It has posted increases since September. Load factor was up to 63.6% in January from 61.2% a year earlier even though capacity increased 5.1%.

Meanwhile, US Airways' mainline traffic fell 1.4%, but passenger revenue per available seat mile increased about 2% for all of US Airways, including so-called express flights.

American Airlines reports traffic growth
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Source: Dow Jones Newswires

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