American Airlines Group Inc (NASDAQ:AAL) reported May 2015 and year-to-date traffic results.

American Airlines Group’s total revenue passenger miles (RPMs) for the month were 19.3 billion, up 0.7 percent versus May 2014. Total capacity was 23.3 billion available seat miles (ASMs), up 2.1 percent versus May 2014. Total passenger load factor was 82.8 percent for the month of May, down 1.2 percentage points versus May 2014.

Based on two months of actual data and one month of forecast, the Company expects its second quarter 2015 consolidated passenger revenue per available seat mile (PRASM) to be down approximately 6 to 8 percent. In addition, the Company expects its second quarter fuel price to be approximately $1.86 to $1.91 per gallon. The Company now expects its second quarter pretax margin excluding special items to be between 16 and 18 percent.

The following summarizes American Airlines Group traffic results for the month and year-to-date ended May 31, 2015 and 2014, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements.

 

Combined American and US Airways Traffic Results
May Year to Date
2015 2014 Change 2015 2014 Change
Revenue Passenger Miles (000)
Domestic 10,934,167 10,973,274 (0.4) % 51,186,003 51,662,067 (0.9) %
   Atlantic 2,840,245 2,882,454 (1.5) % 9,808,100 10,654,907 (7.9) %
   Latin America 2,496,913 2,712,419 (7.9) % 13,120,016 14,069,249 (6.7) %
   Pacific 960,895 661,372 45.3 % 4,039,761 2,914,212 38.6 %
International 6,298,053 6,256,245 0.7 % 26,967,877 27,638,368 (2.4) %
Mainline 17,232,220 17,229,519 % 78,153,880 79,300,435 (1.4) %
Regional 2,101,173 1,973,689 6.5 % 9,431,822 8,903,191 5.9 %
Total Revenue Passenger Miles 19,333,393 19,203,208 0.7 % 87,585,702 88,203,626 (0.7) %
Available Seat Miles (000)
Domestic 12,728,664 12,567,024 1.3 % 60,857,947 60,721,057 0.2 %
   Atlantic 3,703,639 3,606,605 2.7 % 13,496,991 14,107,385 (4.3) %
   Latin America 3,289,511 3,556,897 (7.5) % 17,110,601 18,426,182 (7.1) %
   Pacific 1,102,902 754,107 46.3 % 4,895,256 3,553,824 37.7 %
International 8,096,052 7,917,609 2.3 % 35,502,848 36,087,391 (1.6) %
Mainline 20,824,716 20,484,633 1.7 % 96,360,795 96,808,448 (0.5) %
Regional 2,519,417 2,388,119 5.5 % 11,903,537 11,298,687 5.4 %
Total Available Seat Miles 23,344,133 22,872,752 2.1 % 108,264,332 108,107,135 0.1 %
Load Factor (%)
Domestic 85.9 87.3 (1.4) pts 84.1 85.1 (1.0) pts
   Atlantic 76.7 79.9 (3.2) pts 72.7 75.5 (2.8) pts
   Latin America 75.9 76.3 (0.4) pts 76.7 76.4 0.3 pts
   Pacific 87.1 87.7 (0.6) pts 82.5 82.0 0.5 pts
International 77.8 79.0 (1.2) pts 76.0 76.6 (0.6) pts
Mainline 82.7 84.1 (1.4) pts 81.1 81.9 (0.8) pts
Regional 83.4 82.6 0.8 pts 79.2 78.8 0.4 pts
Total Load Factor 82.8 84.0 (1.2) pts 80.9 81.6 (0.7) pts
Enplanements
Mainline 12,549,287 12,721,839 (1.4) % 58,699,695 59,787,346 (1.8) %
Regional 4,900,334 4,625,805 5.9 % 21,762,840 20,717,345 5.0 %
Total Enplanements 17,449,621 17,347,644 0.6 % 80,462,535 80,504,691 (0.1) %
System Cargo Ton Miles (000) 199,609 204,982 (2.6) % 944,947 961,646 (1.7) %
Notes:
1) Canada, Puerto Rico and U.S. Virgin Islands are included in the domestic results.
2) Latin America numbers include the Caribbean.
3) Regional includes wholly owned subsidiaries and operating results from capacity purchase carriers. (Original Source)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares of American Airlines closed yesterday at $39.86 . AAL has a 1-year high of $56.20 and a 1-year low of $28.10. The stock’s 50-day moving average is $46.83 and its 200-day moving average is $49.11.

On the ratings front, American Airlines has been the subject of a number of recent research reports. In a report released yesterday, Raymond James analyst Savanthi Syth downgraded AAL to Hold. Separately, on June 3, Merrill Lynch’s Andrew Didora downgraded the stock to Hold and has a price target of $50.

According to TipRanks.com, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Savanthi Syth and Andrew Didora have a total average return of 14.3% and -7.7% respectively. Syth has a success rate of 64.3% and is ranked #742 out of 3614 analysts, while Didora has a success rate of 22.2% and is ranked #3184.

In total, 3 research analysts have assigned a Hold rating and one research analyst has given a a Buy rating to the stock. When considering if perhaps the stock is under or overvalued, the average price target is $70.00 which is 75.6% above where the stock closed yesterday.

American Airlines Group Inc, through its subsidiaries, operates in the airline industry. The Company has hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York City, Philadelphia, Phoenix and Washington, D.C.