Can AA Revenue Gains Combat Merger?
Once again, bankrupt American is outpacing the airline industry in terms of unit revenue gains.
The carrier reported Friday that its passenger revenue per available seat mile in May rose 7.3%, the biggest gain among the five major carriers who have so far reported May PRASM.
The May improvement was driven “by a strong yield environment and increased international load factors,” American said in a prepared statement. “We outperformed the industry in April and our strong momentum is continuing,” said spokesman Sean Collins.
During the first quarter, American reported a 10.3% PRASM gain, trailing onlyDelta’s 11% gain. In April, American reported an 11.6% gain, the highest.
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