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American Airlines Group reports record August traffic, capacity and load factor

American Airlines Group reports record August traffic, capacity and load factor September 11, 2015 FORT WORTH, TX – American Airlines Group today reported August 2015 and year-to-date traffic results. American Airlines Group’s total revenue passenger miles (RPMs) were 21.0 billion, up 5.0 percent versus August 2014. Total capacity was 24.3 billion available seat miles (ASMs), up 2.7 percent versus August 2014. Total passenger load factor was 86.5 percent, up 1.9 percentage points versus August 2014. All three metrics were records for the month of August. 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 continues to expect its third quarter pretax margin excluding special items to be between 16 and 18 percent.

Spirit Airlines Reports Fourth Quarter and Full Year 2020 Results

Press release content from Globe Newswire. The AP news staff was not involved in its creation. Spirit Airlines Reports Fourth Quarter and Full Year 2020 Results Spirit Airlines, Inc.February 10, 2021 GMT MIRAMAR, Fla., Feb. 10, 2021 (GLOBE NEWSWIRE) Spirit Airlines, Inc. (NYSE: SAVE) today reported fourth quarter and full year 2020 financial results. Ended the year 2020 with $1.9 billion of unrestricted cash, cash equivalents and short-term investment securities $(1.61) $1.24  “Soft demand driven by pandemic-related concerns continues to have a significant impact on our operating results. However, our leading low-cost structure remains a key advantage and positions us well to compete in this environment and beyond. Our load factor and Adjusted EBITDA margin for the fourth quarter 2020 are among the best in the industry, illustrating the strength of our business model,” said Ted Christie, Spirit’s President and Chief Executive Officer. “While the road to recovery is

Southwest November Operating Revenue Down 63%; Sees Softness In Leisure Passenger Demand

Southwest November Operating Revenue Down 63%; Sees Softness In Leisure Passenger Demand WASHINGTON (dpa-AFX) - Southwest Airlines Inc. (LUV) said Wednesday it continues to experience significant year-over-year negative impacts to passenger demand and bookings due to the COVID-19 pandemic. The company noted in a regulatory filing that after several months of modest improvements in close-in leisure passenger demand, it saw a deceleration in improving revenue trends in November 2020 due to a spike in COVID-19 cases, renewed quarantine requirements, travel restrictions, and related government orders. In addition, Southwest experienced an increase in trip cancellations in the weeks prior to the Thanksgiving holiday travel period. However, the company noted that leisure passenger demand was more resilient for the Thanksgiving holiday travel period compared with non-holiday weeks in November 2020.

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