The bad economy in the United States had not spared the airline industry. American Airlines, one of the leading airline company in the US revealed they have less passengers in August this year compared to the past year. According to the data released by American Airlines, paying passengers flew 11.46 billion miles last month, down 0.4 percent from 11.51 billion miles in August 2010.
The American airlines said domestic travel, which accounts for nearly three-fourt hs of the company’s operations, also dropped 2.6 percent, while international traffic rose 3 percent, mostly because of strong trans-Pacific travel. Moreover, the company said their passenger capacity also reduced by 1.2 percent, to 13.45 billion available seat miles, which is one seat flown one mile.
American Airlines, Inc. (AA) is considered the world’s fourth largest airline in passenger miles transported,] and operating revenues. American operates an extensive international and domestic network, with scheduled flights throughout North America, Latin and South America, Europe, Asia/Pacific and the Caribbean. The company is also listed at No.120 on the Fortune 500 list of companies in 2010 and is a founding member of the Oneworld airline alliance.