Client traffic on US Airways and American Airlines went slightly down in the previous month, seeing more vacant seats on the aircraft. The flights heading to Europe and United States were mostly affected of such issue.
American Airlines Group Inc. released its statement last week that it foresees a pivotal income figure to increase from 0.5% to 1.5% for the 3rd quarter, which will last until end of September. A rise in the record-income for every seat taken as far as one mile-usually tells that clients paid more expensive seats on average.
The company based in Forth Worth commented that, clients which flow more than 16 billion miles in the previous month, went down as low as 0.2% from September of 2013. Local flights increased 1.4%, however global flights dropped more than 4%, with the biggest decrease on trans-Atlantic flights. These were the indicators of the slump that the airline is starting to experience.
US Airways and American increased their loading capacity for passengers in the previous month by more than 1%, having more seats on global and local flights.
With passenger traffic slightly decreased, the bigger loading capacity led them to getting more vacant seats. It means more passengers were expected to occupy. The normal number of flight was about 80% loaded, drop by more than 81% last September 2013. The transition was more visible on US to Europe flights, which only had less than 80% occupied, fall of about 8% for the year, as global airlines opened more flights on the said routes for the current year. The increase in flights did not help that much and made the situation worse.
The shares of American Airlines went down to 49 cents and priced at $33.60. They began the day up by 34% for this year.
