AE Revenues Flat

American Eagle contributed $648 million, a 0.6 percent increase to AMR’s total operating revenues of $5.9 billion in the third quarter. Expenses dropped slightly from $702 million in the 2006 period to $701 million in the third quarter. The regional flew 2.6 billion revenue passenger miles, up 1.3 percent while available seat miles were down 0.9 percent to 3.4 billion. Load factor was up 1.7 points to 75.9 percent. For the nine months, American Eagle revenues dropped to $1.8 billion, down 12.7 percent, while AMR revenues were up only slightly (0.5 percent) to $17.2 billion. American Eagle expenses for the nine months rose from $2 billion in 2006 to $2.1 billion. The regional’s RPMs and ASMs dropped 0.7 percent to 7.4 billion and 10 billion during the period and load factor remained unchanged at 74 percent. American Eagle Airlines, Inc., made a $32 million aircraft debt prepayment that brought AMR’s prepayment of debt on its Canadair regional jets to $159 million this year. The final payment released 10 CRJ-700 aircraft that were used to secure the debt.