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UPDATE: Could American Airlines move its headquarters?

A key linchpin in the Fort Worth economy, American Airlines Group Inc., is considering sites for a new headquarters, possibly outside the city, the airline’s CEO said this morning.

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Clip art: Cutting edge barbershop creates a buzz in Fort Worth

Jonathan Morris is on a mission to create a better grooming experience for men.

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Grocers, retailers flocking to Southlake

With its economic development engine revving at full throttle, Southlake is about to welcome several major retail and commercial projects that underscore its image

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Great Woman of Texas; Stacie McDavid

“I’ve always been a maverick in a number of ways,” says businesswoman and philanthropist Stacie McDavid.

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It's Christmas tree time in the city of Fort Worth

Sundance Square will kick off the holidays with the lighting of the Christmas on Nov. 22 featuring a visit from a resident of the North Pole, musical and theatrical entertainment, as well as photo opportunities throughout the plaza.

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American Airlines Group reports bump in revenue passenger miles
A. Lee Graham

Reporter

Total revenue passenger miles are up at American Airlines Group, according to newly released July 2014 and year-to-date traffic results.

The Fort Worth firm reported total revenue passenger miles for July reached 20.8 billion, up 1.1 percent compared to 20.5 percent in he same month last year, according to a news release.

Revenue passenger miles reflect the number of miles traveled by paying passengers.

Total capacity reached 24.4 billion available seat miles, 3.1 percent higher compared to 23.6 billion the same month last year. Total passenger load factor was 85.1 percent for the month of July 2014, 1.7 points lower compared to 86.8 percent the same month last year.

The passenger load factor measures how much of an airline’s passenger space is used.

Based on one month of data and two months of forecast, the company said it expects its third quarter 2014 consolidated passenger revenue per available seat mile to reach about 1.0 percent to 3 percent compared to the same period last year.

American Airlines Group is the holding company for American Airlines and US Airways. With wholly owned and third-party regional carriers operating as American Eagle and US Airways Express, the airlines operate an a daily average of almost 6,700 flights to 339 destinations in 54 countries from its hubs in Charlotte, Chicago, Dallas-Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, D.C.

lgraham@bizpress.net

 

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