Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.
+1 212 318 2000
Europe, Middle East, & Africa
+44 20 7330 7500
+65 6212 1000
FORT WORTH, Texas
American Airlines said on Wednesday that its October traffic rose 5.2 percent, as post-recession travel picked up compared with October 2009.
American said it flew 10.77 billion revenue passenger miles, or one paying passenger flown one mile. That was up from 10.24 billion a year earlier.
The biggest gain was international traffic, up 11.2 percent to 4.22 billion revenue passenger miles.
Capacity rose 4.6 percent to 12.89 billion available seat miles. That's what airlines like to see -- traffic rising faster than capacity. That meant American planes were fuller. Occupancy, called load factor, rose 0.5 percent to 83.6 percent.
For the first 10 months of the year, American Airlines traffic rose 2.4 percent to 105.21 billion revenue passenger miles. Capacity is up 0.7 percent to 128.05 billion available seat miles. Load factor rose 1.4 percentage points to 82.2 percent.
Shares of American parent AMR Corp. rose 52 cents, or 6.6 percent, to close at $8.37.