Thursday, December 2, 2021
48.4 F
Fort Worth

American Airlines Group reports bump in revenue passenger miles

🕐 1 min read

A. Lee Graham

Reporter

Total revenue passenger miles are up at American Airlines Group, according to newly released July 2014 and year-to-date traffic results.

The Fort Worth firm reported total revenue passenger miles for July reached 20.8 billion, up 1.1 percent compared to 20.5 percent in he same month last year, according to a news release.

Revenue passenger miles reflect the number of miles traveled by paying passengers.

Total capacity reached 24.4 billion available seat miles, 3.1 percent higher compared to 23.6 billion the same month last year. Total passenger load factor was 85.1 percent for the month of July 2014, 1.7 points lower compared to 86.8 percent the same month last year.

The passenger load factor measures how much of an airline’s passenger space is used.

Based on one month of data and two months of forecast, the company said it expects its third quarter 2014 consolidated passenger revenue per available seat mile to reach about 1.0 percent to 3 percent compared to the same period last year.

American Airlines Group is the holding company for American Airlines and US Airways. With wholly owned and third-party regional carriers operating as American Eagle and US Airways Express, the airlines operate an a daily average of almost 6,700 flights to 339 destinations in 54 countries from its hubs in Charlotte, Chicago, Dallas-Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, D.C.

lgraham@bizpress.net

 

Robert Francis
Robert is a Fort Worth native and longtime editor of the Fort Worth Business Press. He is a former president of the local Society of Professional Journalists and was a freelancer for a variety of newspapers, weeklies and magazines, including American Way, BrandWeek and InformatonWeek. A graduate of TCU, Robert has held a variety of writing and editing positions at publications such as the Grand Prairie Daily News and InfoWorld. He is also a musician and playwright.

Related Articles

Our Digital Sponsors

Latest Articles

Fort Worth Business Press Logo
This advertisement will close in
00
Months
00
Days
00
Hours
00
Minutes
00
Seconds
seconds..
Click here to continue to Fort Worth Business Press

Not ready to subscribe?

Try a few articles on us.

Enter your email address and we will give you access to three articles a month, to give us a try. You also get an opportunity to receive our newsletter with stories of the day.

This field is for validation purposes and should be left unchanged.

Get our email updates

Stay up-to-date with the issues, companies and people that matter most to business in the Fort Worth.

  • Restaurants
  • Technology
  • and more!

FWBP Morning Brief

FWBP 5@5

Weekend Newsletter

  • Banking & Finance
  • Culture
  • Real Estate