Company Update (NASDAQ:AAL): American Airlines Group Inc Reports Record September Traffic, Capacity And Load Factor

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

American Airlines Group’s total revenue passenger miles (RPMs) were 18.1 billion, up 7.2 percent versusSeptember 2014. Total capacity was 21.9 billion available seat miles (ASMs), up 3.7 percent versus September 2014. Total passenger load factor was 82.7 percent, up 2.7 percentage points versus September 2014. The Company’s traffic, capacity and load factor were all records for the month of September.

The Company continues to expect its third quarter 2015 consolidated passenger revenue per available seat mile (PRASM) to be down approximately six to eight percent year-over-year. In addition, the Company expects its third quarter pretax margin excluding special items to be between 17 and 18 percent. For more financial forecasting detail, please refer to the Company’s investor relations update also filed this morning on SEC Form 8-K.

The following summarizes American Airlines Group traffic results for the month and year-to-date endedSeptember 30, 2015 and 2014, consisting of mainline-operated flights, wholly owned regional subsidiaries and operating results from capacity purchase agreements. (Original Source)

Shares of American Airlines Group Inc closed yesterday at $39.74. 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 $40.39 and its 200-day moving average is $43.52.

On the ratings front, American Airlines has been the subject of a number of recent research reports. In a report issued on September 30, Goldman Sachs analyst Tom Kim downgraded AAL to Hold, with a price target of $44, which implies an upside of 10.7% from current levels. Separately, on September 11, Buckingham Research’s Daniel Mckenzie maintained a Buy rating on the stock and has a price target of $56.

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Tom Kim and Daniel Mckenzie have a total average return of 11.1% and 9.7% respectively. Kim has a success rate of 61.7% and is ranked #549 out of 3772 analysts, while Mckenzie has a success rate of 53.8% and is ranked #1255.

The street is mostly Bullish on AAL stock. Out of 8 analysts who cover the stock, 6 suggest a Buy rating and 2 recommend to Hold the stock. The 12-month average price target assigned to the stock is $53.00, which represents a potential upside of 33.4% from where the stock is currently trading.

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.

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