Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

AMR Corporation , the parent company of American Airlines recently came out with its revenue and air traffic results for the month of January, 2013.

Consolidated revenue passenger miles in the month grew 1.8% compared with the month a year ago. Domestic revenue from passenger miles registered a 3.0% increase while internationally it grew by 0.1%. Available seat miles grew a mere 0.2%, with an increase in domestic capacity coming in at 0.4% and flat international growth.    

Load factor on the domestic front was up 2.0%, and on the international arena it registered a 0.1% growth. On a consolidated basis, load factor grew 1.3% and stood at 78.9%.

In January 2013, the company boarded 8.6 million passengers on a consolidated basis which registered an increase of 2.9% over the year -ago month. Mainline passengers the company boarded were up 3.1% to 7.0 million while regional passengers the airline boarded grew 2.4% to 1.6 million.

Of late, the boards of the company and its merger partner US Airways Group Inc. postponed their meeting that was scheduled to discuss on the final terms of their merger agreement. The merger is expected to create the biggest airline in terms of passenger traffic in the world.

The current Zacks Consensus Estimate for 2013 is $2.35, reflecting annual growth of 705.6%.

AMR Corporation currently bears a Zacks Rank #1 (Strong Buy). Other stocks to watch out for in the industry are Deutsche Lufthansa Aktiengesellschaft (DLAKY) and Republic Airways Holdings Inc. (RJET - Snapshot Report), each with a Zacks Rank #1 (Strong Buy).
 

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
DIXIE GRP IN DXYN 15.84 +7.90%
BOFI HLDG IN BOFI 85.30 +4.97%
RAMBUS INC RMBS 12.31 +4.41%
VIPSHOP HOLD VIPS 148.73 +4.35%
NETFLIX INC NFLX 345.74 +4.32%