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American Eagle April traffic falls 7.6 percent

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May 5, 2008

FORT WORTH, Texas—American Eagle Airlines, which operates regional flights for AMR Corp.'s American Airlines, said Monday its April traffic fell on decreases in both capacity and occupancy.

American Eagle flew a total of 681.8 million revenue passenger miles in April, down 7.6 percent from 738.2 million in the same month last year. A revenue passenger mile is a key industry measurement accounting for one paying passenger flown one mile.

Capacity fell 3.1 percent to 963.3 million available seat miles from 994.5 million in the same month last year.

Load factor, or occupancy, fell 3.4 percentage points to 70.8 percent.

For the first four months of this year, American Eagle flew a total of 2.61 billion revenue passenger miles, down 6.1 percent from 2.78 billion in the same period last year.

Capacity dropped 4.8 percent to 3.75 billion available seat miles, while occupancy fell 0.9 percentage points to 69.6 percent, the company said.

AMR shares fell 38 cents, or 4.1 percent, to $9 in midday trading. The stock has ranged from $6.81 to $29.32 over the past year.

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