AMR Corp. said its passenger traffic dropped 3.7 percent in October as the company cut flights across its network.
Capacity declined 3.4 percent and its load factor decreased 0.3 percentage points to 82.3 percent for the month. Most of the flight cuts came in its domestic network where capacity was down 5 percent and traffic dropped 6 percent when compared to last October.
The Fort Worth-based parent company of American Airlines and American Eagle said unit revenues increased 0.4 percent for the month. It added that if it weren't for the operational slowdown in the beginning of the month, which American partly blamed on pilots filing more maintenance requests, its unit revenues would have grown 3.1 percent.
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