American PRASM up 0.4% in October

Washington DC
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American Airlines passenger revenue per available seat mile (PRASM) grew negligibly at 0.4% during October compared to a year earlier.

The Fort Worth-based carrier attributes the minimal growth to operational disruptions that affected bookings during the month. PRASM would have increased by about 3.1% during the month with the disruptions, it says.

American was forced to cut its schedule by between 1% and 2% for October due an increase in cancellations and maintenance issues, including several rows of seats coming loose on 48 Boeing 757-200s. It also cancelled more than 2,000 flights for superstorm Sandy.

Consolidated traffic fell 3.7% on a 3.4% decrease in capacity during October. The load factor fell 0.3 percentage points to 82.3%.

Domestic traffic fell 6% on a capacity decline of 5% in the month. The load factor was down 0.9 percentage points to 84%.

International traffic was down 0.6% on a 1.2% decrease in capacity. The load factor was up 0.5 percentage points to 81.3%.