American Airlines Group profits decline in 2Q and 1H2016

American Airlines Group revenue down 4% - financial highlights:

• Three months ended 30-Jun-2016:
• • Total operating revenue: USD10,363 million, -4.3% year-on-year;
  • • Mainline passenger: USD7209 million, -5.8%;
    • Regional passenger: USD1786 million, +1.6%;
    • Cargo: USD174 million, -10.4%;
  • Total operating costs: USD8612 million, -3.3%;
  • • Labour: USD2670 million, +13.0%;
    • Mainline fuel: USD1314 million, -25.9%;
  • Operating profit: USD1751 million, -8.8%;
  • Net profit: USD950 million, -44.3%;
  • Passenger numbers: 52.0 million, -0.5%;
  • Passenger load factor: 82.5%, -0.8 ppt;
  • Yield: USD 15.42 cents, -5.3%;
  • Passenger revenue per ASM: USD 12.71 cents, -6.3%;
  • Total revenue per ASM: USD 14.65 cents, -6.1%;
  • Cargo yield: USD 28.48 cents, -12.7%;
  • Operating cost per ASM: USD 12.17 cents, -5.2%;
  • Operating cost per ASM excluding special items and fuel: USD 9.83 cents, +2.9%;
• Six months ended 30-Jun-2016:
• • Total operating revenue: USD19,798 million, -4.1%;
  • • Mainline passenger: USD13,773 million, -5.9%;
    • Regional passenger: USD3309 million, +3.1%;
    • Cargo: USD336 million, -13.6%;
  • Total operating costs: USD16,711 million, -4.6%;
  • • Labour: USD5322 million, +12.4%;
    • Mainline fuel: USD2343 million, -29.4%;
  • Operating profit: USD3087 million, -1.6%;
  • Net profit: USD1650 million, -37.4%;
  • Passenger numbers: 98.9 million, +0.5%;
  • Passenger load factor: 81.1%, -0.6 ppt;
  • Yield: USD 15.51 cents, -6.1%;
  • Passenger revenue per ASM: USD 12.58 cents, -6.9%;
  • Total revenue per ASM: USD 14.58 cents, -6.7%;
  • Cargo yield: USD 29.09 cents, -14.0%;
  • Operating cost per ASM: USD 12.30 cents, -7.1%;
  • Operating cost per ASM excl special items and fuel: USD 10.09 cents, +2.0%;
  • Total assets: USD51,051 million;
  • Cash: USD446 million;
  • Total liabilities: USD46,739 million. [more - original PR]