2 Reviews And 7 Recaps As Airlines Begin Reporting September Traffic
Alaska Air said it saw a 7.4 percent increase in traffic throughout September on a 4.2 percent increase in capacity. Load factor rose 2.5 percent to 84.1 percent. Revenue per passenger mile (RPM, in millions) rose to $2,828 from $2,633 a year ago, while available seat miles (ASM, in millions) rose to 3,361 from 3,225 a year ago.
Delta said its consolidated passenger unit revenue (PRASM) for the month of September fell 3.0 percent on a year-over-year basis as close-in domestic yield pressures "moderated slightly," but the company continued to face a supply-demand imbalance in the Transatlantic region in addition to headwinds from last year's yen hedge gains in the month.
The company added that its mainline complete factor was 99.9 percent and on-time performance was 90.2 percent.
Here is a brief recap of what airlines reported in their August metrics:
- American Airlines Group Inc (NASDAQ: AAL): RPMs fell 2.8 percent on a year-over-year basis and ASMs rose 1.4 percent.
- Copa Holdings, S.A. (NYSE: CPA): RPMs rose 13.2 percent on a year-over-year basis.
- Hawaiian Holdings, Inc. (NASDAQ: HA): RPMs rose 7.1 percent on a year-over-year basis and ASMs rose 5.6 percent.
- JetBlue Airways Corporation (NASDAQ: JBLU): RPMs rose 6.2 percent on a year-over-year basis and ASMs rose 5.7 percent.
- Southwest Airlines Co (NYSE: LUV): RPMs rose 3.6 percent on a year-over-year basis.
- Spirit Airlines Incorporated (NASDAQ: SAVE): RPMs rose 18.3 percent on a year-over-year basis and ASMs rose 17.1 percent.
- United Continental Holdings Inc (NYSE: UAL): RPMs rose 0.6 percent on a year-over-year basis and ASMs rose 1.9 percent.
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