American Airlines June traffic down 8.1&%
— 09:13 AM ET 07/06/2009
NEW YORK -- AMR Corp.'s (AMR )
American Airlines said Monday its total June traffic fell 8.1% from a year ago to 10.9 billion revenue passenger miles. A revenue passenger mile is equal to one passenger flown one mile. Total June capacity fell 7.8% to 12.8 billion available seat miles from a year ago. Load factor, or the percentage of available seats filled with passengers, in June fell 0.3 points from last year to 85.1%
Sir Michael Bishop of BMI Airlines, the best way to make money in the airline industry was to leave it.
— 09:13 AM ET 07/06/2009
NEW YORK -- AMR Corp.'s (AMR )
American Airlines said Monday its total June traffic fell 8.1% from a year ago to 10.9 billion revenue passenger miles. A revenue passenger mile is equal to one passenger flown one mile. Total June capacity fell 7.8% to 12.8 billion available seat miles from a year ago. Load factor, or the percentage of available seats filled with passengers, in June fell 0.3 points from last year to 85.1%
Sir Michael Bishop of BMI Airlines, the best way to make money in the airline industry was to leave it.