American Airlines and Delta Flying in Different Directions

Today American Airlines (NYSE:AMR) announced a 1.3% increase in traffic last month, driven in large part by international demand as the carrier continues to expand its operations abroad. Last month, capacity increased 1.8%, but its load factor — a measure of its fullness, or the percentage of seats filled — decreased from 86.8% to 86.3%. Shares in AA’s parent company, AMR Corp., are up 0.95% in after-hours trading today after dropping 0.94% in regular hours before the announcement.

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Conversely, Delta Air Lines (NYSE:DAL) reported a 1.5% decline in June traffic over the same time last year, the first monthly decline since April 2010, though the company’s load factor  increased 1.4% to 86.3%. Like AA, Delta’s international traffic increased 0.3%, though on a 2.5% jump in capacity. But domestic traffic dropped off 2.7% after a 1.5% increase in capacity. Delta shares were up 0.11% today during regular hours, but have since dropped 0.11% after the bell.