American Airlines Group president: Unit revenue strong in Latin America, 'broad based' in domestic

30 July, 2019

American Airlines Group president Robert Isom reported the carrier's performance in the US domestic market was "broad based" during 2Q2019 (Seeking Alpha, 25-Jul-2019). Mr Isom noted domestic demand is expected to "remain robust" in the future, with the region anticipated to be the "best performing entity" in 3Q2019. Unit revenue in the Atlantic increased 3%, despite currency headwinds, while international point of sale remained "challenging". Unit revenue in Latin America increased 4.4%, with Brazil and Mexico proving to be "particularly strong", while Argentina and the Dominican Republic experienced headwinds. Unit revenue was positive in Japan, Hong Kong and Australia, he noted, adding the carrier was able to increase its load factor in China while reducing capacity, despite the country's "soft" pricing environment.