American Airlines traffic declines
American Airlines (NYSE: AMR), the top carrier at Lambert-St. Louis International Airport, reported Wednesday that it recorded 8.6 billion revenue passenger miles last month, down 13.5 percent from 9.9 billion revenue passenger miles the same month last year.
Revenue passenger miles is the airline industry’s measure of traffic, and it calculates every paying passenger flown per mile into its statistics.
The Fort Worth-based airline’s number of boarded passengers also fell 13 percent to 6.2 million, down from 7.1 million.
American sister airline, American Eagle, also reported traffic declines, with the airline recording 522 million revenue passenger miles in February, down 14 car loan rates.1 percent from 607 million revenue passenger miles from the same month a year earlier.
During the month of February 1.26 million passengers boarded American Eagle planes, a 13.7 percent drop from last year.
Southwest Airlines, the No. 2 carrier at Lambert, also reported Tuesday that its February traffic was down.
Filed under: economics by Finance Boss