American Airlines produced record revenue in the second quarter and showed genuine progress in premium, corporate, and international demand. But after generating nearly $17 billion in revenue, it kept only $71 million. Fuel explains much of that collapse, but not all of it.
Domestic passenger unit revenue increased 10.6%, Atlantic unit revenue rose 8.9%, Pacific unit revenue jumped 15.1%, and Latin America increased 6.6%. Premium passenger unit revenue climbed 13.4%, outpacing an also-respectable 8.8% increase in Main Cabin.
Managed corporate revenue increased 26%, marking the fifth consecutive quarter of double-digit growth.
A great solo travel tip spotted this week on Live and Let's Fly.
