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-   -   Q1 2019 Earnings Call Transcript (https://www.flyertalk.com/forum/american-airlines-aadvantage/1967231-q1-2019-earnings-call-transcript.html)

SouthernCross Apr 27, 2019 9:12 pm

Q1 2019 Earnings Call Transcript
 
For folks interested, the Q1 earnings transcript is here: https://www.fool.com/earnings/call-t...ings-call.aspx

If I am reading this right, loyalty program revenue (sale of miles) was $708 million? (against pre-tax profit of $314 million):


Our loyalty program continues to drive revenue growth, and other revenues were higher by 1.9% to $708 million for the quarter on higher card acquisitions.
And here's an entertaining nugget:


We significantly increased the inventory available for redemptions in 2018, increasing the value of the mile to our customers, while also giving our customers more flexibility to use their miles.

rasheed Apr 28, 2019 5:27 am

Yeah, I assume the increased awards are PE awards. They also said that availability had an additional revenue cost.

I found it interesting that only Dallas and Charlotte got much print. There was no quality ratings mention and a caller was still upset about Kirby's departure.

I think corporate travel agencies are continuing to find the schedule and negotiated pricing at AA working best with a little extra concession for priority boarding and IRROPS even if not elite. They acknowledged growth in BE which is also consistent with my group 9 observations.

It's hard to get an accurate feel of the actual airline performance because the MAX parking clouds so much of the projections.

3Cforme Apr 28, 2019 5:44 am


Originally Posted by SouthernCross (Post 31044267)

And here's an entertaining nugget:

There were more AAdvantage redemptions in 2018 vs. 2017, and for a higher fraction of Revenue Passenger Miles, but AA doesn't say they were at saver levels, do they? :)

See a comparison of FF redemption data offered in annual reports that I posted to the Delta forum. https://www.flyertalk.com/forum/delt...mpetitors.html


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