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American Airlines January traffic up 0.4 percent
217 days ago
(AP:FORT WORTH, Texas) American Airlines said Wednesday that January traffic rose slightly, making it easier to fill planes as it cut flights.
Paying passengers flew 9.68 billion miles last month, up 0.4 percent from January 2009. Capacity fell 2.7 percent, to 12.71 billion available seat miles, or one seat flown one mile. Airlines cut capacity by eliminating flights or using smaller planes.
Occupancy, which the industry calls load factor, rose 2.4 percentage points, to 76.2 percent, compared with January 2009.
Domestic traffic rose a half percentage point. International traffic rose slightly, with gains in Latin America and across the Pacific offsetting a 1.4 percent decline in traffic across the Atlantic.
Shares of parent AMR Corp. fell 10 cents to $7.63 in morning trading.
Copyright 2010 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
