American Airlines 2010 Annual Report Download - page 43

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40
2009 Compared to 2008 The Company’s revenues decreased approximately $3.8 billion, or 16.2 percent, to
$19.9 billion in 2009 compared to 2008. American’s passenger revenues decreased by 17.5 percent, or $3.2
billion, on a capacity decrease of approximately 7.2 percent year over year. Mainline passenger load factor
increased approximately 0.1 points to 80.7 percent and passenger revenue yield per passenger mile decreased
11.2 percent to 12.28 cents. This resulted in a decrease in passenger revenue per available seat mile (RASM) of
11.1 percent to 9.91 cents. In 2009, American derived approximately 60 percent of its passenger revenues from
domestic operations and approximately 40 percent from international operations (flights serving international
destinations). Following is additional information regarding American’s domestic and international RASM and
capacity:
Year Ended December 31, 2009
RASM
(cents)
Y-O-Y
Change
ASMs
(billions)
Y-O-Y
Change
DOT Domestic
9.87
(8.7)%
93.0
(8.7)%
International
9.96
(14.9)
58.8
(4.7)
DOT Latin America
10.91
(12.5)
28.4
(6.5)
DOT Atlantic
9.13
(16.7)
23.7
(3.7)
DOT Pacific
8.90
(19.4)
6.7
0.1
Regional Affiliates’ passenger revenues, which are based on industry standard proration agreements for flights
connecting to American flights, decreased by $474 million, or 19.1 percent, to $2.0 billion as a result of a
reduction in capacity, decreased passenger traffic and lower yield. Regional Affiliates’ traffic decreased 6.7
percent to 8.3 billion revenue passenger miles (RPMs), while capacity decreased 8.2 percent to 11.6 billion
ASMs, resulting in a 1.2 point increase in passenger load factor to 71.4 percent.
Cargo revenues decreased by 33.9 percent, or $296 million, primarily due to decreases in advertising mail and
freight traffic resulting from the current economic downturn.
Other revenues increased 5.4 percent, or $118 million, to $2.3 billion due to increases in certain passenger
service charges instituted throughout the year in 2008.