American Airlines Group December Metrics Improve

American Airlines Group is reporting the first set of monthly metrics in its very brief history as a new company. The carrier, formed from the merger of American Airlines and US Airways, has released its operational statistics for December, and the key figures are higher on a year-over-year basis. For the former unit, total revenue passenger miles came in at 11.9 billion, or 5% higher than the December 2012 figure. Available seat miles ticked up across that stretch of time by 1.1%, to 14.2 million. Load factor (i.e., the average "occupancy" of the carrier's flights) advanced by 3.1 percentage points, to 83.3%.

For US Airways, total revenue passenger miles amounted to 6.3 billion, or 7% higher on a year-over-year basis. The figure for available seat miles was 7.4 million, a 3.6% improvement over that of December 2012. Load factor came in at 84.7%, 2.7 percentage points higher than the year-ago number.

After months of maneuvering, the merger of the two carriers became official in mid-December. Ex-US Airways Chief Executive Doug Parker became American Airlines Group's CEO, while American Airlines' former CEO Tomas Horton was named the new company's chairman.

The article American Airlines Group December Metrics Improve originally appeared on Fool.com.

Fool contributor Eric Volkman has no position in American Airlines Group. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2014 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.