AMR & AA July 2013 Traffic
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
_____________
FORM 8-K
_____________
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of earliest event reported: August 12, 2013
_____________
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| | | | |
AMR CORPORATION |
(Exact name of registrant as specified in its charter) |
|
Delaware | | 1-8400 | | 75-1825172 |
(State of Incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
|
4333 Amon Carter Blvd. Fort Worth, Texas | 76155 |
(Address of principal executive offices) | (Zip Code) |
|
(817) 963-1234 |
(Registrant's telephone number) |
|
(Former name or former address, if changed since last report.) |
|
| | | | |
American Airlines, Inc. |
(Exact name of registrant as specified in its charter) |
|
Delaware | | 1-2691 | | 13-1502798 |
(State of Incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
|
4333 Amon Carter Blvd. Fort Worth, Texas | 76155 |
(Address of principal executive offices) | (Zip Code) |
|
(817) 963-1234 |
(Registrant's telephone number) |
|
(Former name or former address, if changed since last report.) |
_____________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events
AMR Corporation, the parent company of American Airlines, Inc., issued a press release on August 12, 2013 reporting July revenue and traffic results. The press release is attached as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
The following exhibit is filed herewith:
Exhibit Number Description
| |
99.1 | Press Release dated August 12, 2013 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
AMR CORPORATION
/s/ Kenneth W. Wimberly
Kenneth W. Wimberly
Corporate Secretary
Dated: August 12, 2013
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
American Airlines, Inc.
/s/ Kenneth W. Wimberly
Kenneth W. Wimberly
Corporate Secretary
Dated: August 12, 2013
EXHIBIT INDEX
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Exhibit
99.1 | Description
Press Release |
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Contact: | Sean Collins |
| Media Relations |
| 817 967 1577 |
| mediarelations@aa.com |
FOR RELEASE: Monday, August 12, 2013
AMR CORPORATION REPORTS RECORD PASSENGER UNIT REVENUE
Consolidated Traffic Increased 2.5 Percent
FORT WORTH, Texas - AMR Corporation today reported July 2013 consolidated revenue and traffic results for its principal subsidiary, American Airlines, Inc., and its wholly owned subsidiary, AMR Eagle Holding Corporation.
July's consolidated passenger revenue per available seat mile (PRASM) increased an estimated 4.0 percent versus last year, to an all-time record high for any month of 14.61 cents/ASM.
Consolidated capacity and traffic were 2.6 percent and 2.5 percent higher year-over-year, respectively, resulting in a consolidated load factor of 86.9 percent, 0.1 points lower versus the same period last year.
Domestic traffic was 0.3 percent higher year-over-year on 0.2 percent less capacity, resulting in a domestic load factor of 88.7 percent, 0.5 points higher compared to the same period last year.
International load factor of 86.4 percent was 0.7 points lower year-over-year, as traffic increased 5.4 percent on 6.2 percent more capacity.
On a consolidated basis, the company boarded 10 million passengers in July.
The Company's Results Are Detailed Below:
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| | | |
AMR Preliminary Results Summary | |
July 2013 consolidated PRASM (cents/ASM)* | 14.61 |
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July 2013 consolidated year-over-year PRASM change | 4.0 | % |
July 2013 consolidated fuel price including effective hedges & taxes (dollars/gallon) | $ | 2.89 |
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*Note: Previously, consolidated PRASM (cents/ASM) was quoted for the prior year period.
AMR TRAFFIC SUMMARY
INCLUDES CHARTER SERVICES
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| | | | | | | | | | | | | | | |
| | JULY | | | Year-to-Date |
| | 2013 | 2012 | Change | | 2013 | 2012 | Change |
REVENUE PASSENGER MILES (000) | | | | | | | | |
| Domestic | 6,976,101 |
| 6,952,940 |
| 0.3 | % | | 44,407,644 |
| 44,557,069 |
| (0.3) | % |
| International | 5,217,607 |
| 4,949,303 |
| 5.4 | | | 30,775,874 |
| 29,891,376 |
| 3.0 | |
| Atlantic | 1,898,881 |
| 1,960,459 |
| (3.1) | | | 10,270,573 |
| 10,568,638 |
| (2.8) | |
| Latin America | 2,559,646 |
| 2,314,057 |
| 10.6 | | | 15,923,101 |
| 14,915,691 |
| 6.8 | |
| Pacific | 759,080 |
| 674,786 |
| 12.5 | | | 4,582,201 |
| 4,407,047 |
| 4.0 | |
| | | | | | | | | | |
| Mainline | 12,193,707 |
| 11,902,243 |
| 2.4 | | | 75,183,518 |
| 74,448,445 |
| 1.0 | |
| Regional | 949,553 |
| 925,863 |
| 2.6 | | | 6,028,810 |
| 5,979,736 |
| 0.8 | |
| Consolidated | 13,143,261 |
| 12,828,105 |
| 2.5 | | | 81,212,328 |
| 80,428,181 |
| 1.0 | |
| | | | | | | | | | |
AVAILABLE SEAT MILES (000) | | | | | | | | | |
| Domestic | 7,866,996 |
| 7,882,245 |
| (0.2) | % | 52,194,248 |
| 53,042,449 |
| (1.6) | % |
| International | 6,038,889 |
| 5,684,363 |
| 6.2 | | | 37,827,011 |
| 36,730,872 |
| 3.0 | |
| Atlantic | 2,176,237 |
| 2,230,614 |
| (2.4) | | | 12,427,652 |
| 12,938,041 |
| (3.9) | |
| Latin America | 2,983,869 |
| 2,674,988 |
| 11.5 | | | 19,860,881 |
| 18,458,620 |
| 7.6 | |
| Pacific | 878,782 |
| 778,761 |
| 12.8 | | | 5,538,478 |
| 5,334,211 |
| 3.8 | |
| | | | | | | | | | |
| Mainline | 13,905,884 |
| 13,566,608 |
| 2.5 | | | 90,021,259 |
| 89,773,321 |
| 0.3 | |
| Regional | 1,214,716 |
| 1,177,365 |
| 3.2 | | | 8,016,197 |
| 7,957,926 |
| 0.7 | |
| Consolidated | 15,120,600 |
| 14,743,973 |
| 2.6 | | | 98,037,456 |
| 97,731,247 |
| 0.3 | |
| | | | | | | | | | |
LOAD FACTOR | | | | | | | | | |
| Domestic | 88.7 |
| 88.2 |
| 0.5 | Pts | 85.1 |
| 84.0 |
| 1.1 | Pts |
| International | 86.4 |
| 87.1 |
| (0.7) | | | 81.4 |
| 81.4 |
| (0.0) | |
| Atlantic | 87.3 |
| 87.9 |
| (0.6) | | | 82.6 |
| 81.7 |
| 1.0 | |
| Latin America | 85.8 |
| 86.5 |
| (0.7) | | | 80.2 |
| 80.8 |
| (0.6) | |
| Pacific | 86.4 |
| 86.6 |
| (0.3) | | | 82.7 |
| 82.6 |
| 0.1 | |
| | | | | | | | | | |
| Mainline | 87.7 |
| 87.7 |
| (0.0) | | | 83.5 |
| 82.9 |
| 0.6 | |
| Regional | 78.2 |
| 78.6 |
| (0.5) | | | 75.2 |
| 75.1 |
| 0.1 | |
| Consolidated | 86.9 |
| 87.0 |
| (0.1) | | | 82.8 |
| 82.3 |
| 0.5 | |
| | | | | | | | | | |
PASSENGERS BOARDED | | | | | | | | | |
| Mainline | 8,089,178 |
| 7,994,135 |
| 1.2 | % | 51,271,732 |
| 51,175,971 |
| 0.2 | % |
| Regional | 1,950,587 |
| 1,939,846 |
| 0.6 | | | 12,542,052 |
| 12,546,488 |
| (0.0) | |
| Consolidated | 10,039,765 |
| 9,933,981 |
| 1.1 | | | 63,813,784 |
| 63,722,459 |
| 0.1 | |
| | | | | | | | | | |
SYSTEM CARGO TON MILES (000) | | | | | | | | |
| Total | 154,124 | | 145,833 |
| 5.7 | % | 1,033,403 |
| 1,046,445 |
| (1.2) | % |
Notes: Regional data includes operations by wholly owned subsidiaries of AMR, and operations performed by third parties under executed air service agreements. All load factor and year-over-year change figures have been rounded to the nearest tenth. Beginning with the June 2013 traffic release, data includes charter services.
Cautionary Statement Regarding Forward-Looking Statements
This document includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “may,” “will,” “expect,” “intend,” “anticipate,” “believe,” “estimate,” “plan,” “project,” “could,” “should,” “would,” “continue,” “seek,” “target,” “guidance,” “outlook,” “forecast” and other similar words. These forward-looking statements are based on AMR's and US Airways' current objectives, beliefs and expectations, and they are subject to significant risks and uncertainties that may cause actual results and financial position and timing of certain events to differ materially from the information in the forward-looking statements. The following factors, among others, could cause actual results and financial position and timing of certain events to differ materially from those described in the forward-looking statements: the challenges and costs of the proposed transaction, including integrating operations and achieving anticipated synergies; the price of, market for and potential market price volatility of common stock of the ultimate parent entity following the closing of the proposed transaction; significant liquidity requirements and substantial levels of indebtedness of the combined company following the closing; potential limitations on the use of certain tax attributes following the closing; failure of the proposed transaction to be completed; and other economic, business, competitive, and/or regulatory factors affecting the business of the combined company after the closing and the businesses of US Airways and AMR generally, including those set forth in the filings of US Airways and AMR with the SEC, especially in the “Risk Factors” and “Management's Discussion and Analysis of Financial Condition and Results of Operations” sections of their respective annual reports on Form 10-K and quarterly reports on Form 10-Q, their current reports on Form 8-K and other SEC filings, including the registration statement and the proxy statement/prospectus related to the proposed transaction. Any forward-looking statements speak only as of the date hereof or as of the dates indicated in the statements. Neither AMR nor US Airways assumes any obligation to publicly update or supplement any forward-looking statement to reflect actual results, changes in assumptions or changes in other factors affecting these forward-looking statements except as required by law.
About American Airlines
American Airlines focuses on providing an exceptional travel experience across the globe, serving more than 260 airports in more than 50 countries and territories. American's fleet of nearly 900 aircraft fly more than 3,500 daily flights worldwide from hubs in Chicago, Dallas/Fort Worth, Los Angeles, Miami and New York. American flies to nearly 100 international locations including important markets such as London, Madrid, São Paulo and Tokyo. With more than 500 new planes scheduled to join the fleet, including continued deliveries of the Boeing 737 family of aircraft and new additions such as the Boeing 777-300ER and the Airbus A320 family of aircraft, American is building toward the youngest and most modern fleet among major U.S. carriers. American's website, aa.com®, provides customers with easy access to check and book fares, and personalized news, information and travel offers. American's AAdvantage® program, voted Airline Program of the Year at the 2013 Freddie Awards, lets members redeem miles for flights to almost 950 destinations worldwide, as well as flight upgrades, vacation packages, car rentals, hotel stays and other retail products. The airline also offers nearly 40 Admirals Club® locations worldwide providing comfort, convenience, and an environment with a full range of services making it easy for customers to stay productive without interruption. American is a founding member of the oneworld® alliance, which brings together some of the best and biggest airlines in the world, including global brands like British Airways, Cathay Pacific, Iberia Airlines, Japan Airlines, LAN and Qantas. Together, its members serve more than 840 destinations served by some 9,000 daily flights to nearly 160 countries and territories. Connect with American on Twitter @AmericanAir or Facebook.com/AmericanAirlines. American Airlines, Inc. and American Eagle Airlines, Inc. are subsidiaries of AMR Corporation. AMR Corporation common stock trades under the symbol “AAMRQ” on the OTCQB marketplace, operated by OTC Markets Group.
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