AMR sees American Air passenger revenue rising 4%-5% in 3Q

MiAAmi

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Aug 21, 2002
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www.usaviation.com
SAN FRANCISCO (MarketWatch) -- AMR Corp.said late Friday it expects passenger unit revenue at its main American Airlines carrier to rise between 4% and 5% in the third quarter from a year ago, while revenue per available seat mile across its entire system rises 3.7% to 4.7%. In a securities filing, AMR said the estimates don't reflect a change to its frequent flier program. Cargo and other revenue is likely to be nearly flat with the second quarter. The Fort Worth, Texas company said American Air traffic in the third quarter is likely to total 36.3 billion miles after traffic fell in September from August and July. Fuel prices are likely to average $2.21 a gallon, lower than the $2.24 forecast in July.
 

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