American Airlines Group Inc (AAL)

[KingDMC]

Key Take away:

American affirmed its guidance for fourth-quarter passenger revenue per available seat mile—a key performance metric in the industry—to be down about 5% to 7% from last year.

American Airlines, which became the world's largest airline by traffic after merging with US Airways in 2013, said passenger traffic rose 1.5% in December.

The company said that while total capacity was flat, load factor—the percentage of seats filled—increased to 81.6% from 80.4% a year ago.