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American Airline reports February traffic totals

  • American Airlines (AAL +1.4%) reports total revenue passenger miles rose 0.5% to 15.1B in February.
  • The carrier saw its load factor slip 30 bps Y/Y to 78.4%.
  • The month saw 14K flights canceled, more than double the number from last year's period. The company says it will disclose in early April the impact on profit from the higher number of cancellations.
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