American Eagle Traffic Tumbles
#1
Gets Weekends Off
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Joined APC: Dec 2007
Position: Delta Colors Busholio
Posts: 233
American Eagle Traffic Tumbles
February 4, 2009 6:13 PM ET
FORT WORTH, Texas (AP) - American Eagle, the sister carrier to American Airlines, said Wednesday that January traffic tumbled 17.9 percent and planes flew only three-fifths full on average.
The company said paying passengers on Eagle and Executive Airlines traveled 521.9 million miles last month, down from 635.4 million miles in January 2008.
That was faster than the regional carrier could cut flights. Capacity fell 12.4 percent to 852.6 million available seat miles. Occupancy dropped to 61.2 percent on average, down from 65.3 percent a year earlier.
Shares of parent AMR Corp. fell 25 cents, or 4.5 percent, to close at $5.31. They have traded between $4 and $16.49 over the past 52 weeks.
AMR 5.00 -0.31 -5.84%
American Eagle traffic tumbled in January: Associated Press Business News: AMR - MSN Money
FORT WORTH, Texas (AP) - American Eagle, the sister carrier to American Airlines, said Wednesday that January traffic tumbled 17.9 percent and planes flew only three-fifths full on average.
The company said paying passengers on Eagle and Executive Airlines traveled 521.9 million miles last month, down from 635.4 million miles in January 2008.
That was faster than the regional carrier could cut flights. Capacity fell 12.4 percent to 852.6 million available seat miles. Occupancy dropped to 61.2 percent on average, down from 65.3 percent a year earlier.
Shares of parent AMR Corp. fell 25 cents, or 4.5 percent, to close at $5.31. They have traded between $4 and $16.49 over the past 52 weeks.
AMR 5.00 -0.31 -5.84%
American Eagle traffic tumbled in January: Associated Press Business News: AMR - MSN Money
#2
Gets Weekends Off
Joined APC: Jul 2007
Position: 744 CA
Posts: 4,772
I flew MKE - CLT on an AWAC usair flight last week while airlineing home from a trip... CRJ-200 with 19 passengers...... then CLT - PNS on a CRJ -700 ( PSA ) with 27 passengers....... looked bleak in the USair express concourse in CLT
#5
Gets Weekends Off
Joined APC: Aug 2005
Posts: 3,707
you would not think that the parking of all SAAB's and 9 EMB's (after the 145's come back) have anything to do, do you? AMR and accurate numbers do not go together. Besides AE and AMR are still in contract talks and bad numbers are good for them.
#6
#7
Contract negotiations or not, no company is going to release information that will drive its stock down for the purpose of a contract. That does the company no good at all - much more harm than good comes from that.
#8
i don't think anyone in the northeast can get a drop or a personal vacation day without some stroke of luck...(although our chicago reserve guys are doing an awesome job of dropping their month and coming over and picking up our open time...)
#9
i dunno they can't seem to live without me in the northeast...i have to go in tonight to work one day of reserve tomorrow then i start vacation...could not drop it due to "staffing"...
i don't think anyone in the northeast can get a drop or a personal vacation day without some stroke of luck...(although our chicago reserve guys are doing an awesome job of dropping their month and coming over and picking up our open time...)
i don't think anyone in the northeast can get a drop or a personal vacation day without some stroke of luck...(although our chicago reserve guys are doing an awesome job of dropping their month and coming over and picking up our open time...)
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