November 2016 was a poor month for American Airlines Group Inc. (AAL). The airline released its November traffic results via a press release on Dec. 9.

In November 2016, American Airlines saw a 1.8 percent decrease in its domestic revenue passenger miles (RPM) compared to November 2015. Strong performance in the transpacific market (up 36.6 percent) and regional market (up six percent), gave American Airlines a consolidated decrease of 0.2 percent in RPM. Year-to-date, American Airlines’s RPM is up 0.3 percent.

Available seat miles (ASM) at American Airlines increased by 0.1 percent in November 2016 compared to the previous year. Again, this increase was helped significantly by a boost in the transpacific market. ASM on routes over the Pacific were up 39.5 percent in November 2016. Year to date, ASM at American Airlines is up 1.9 percent. (See also: Asia Pacific Region Will See Modest Growth: World Bank.)

Load factors at American Airlines were a mixed bag in November 2016 with a variety of increases and decreases across the market categories. Compared to the previous year, overall load factor decreased by 0.3 points, from 81.2 percent to 80.9 percent. Year to date, load factor at American Airlines decreased from 83.1 percent to 81.8 percent.

Cargo miles were up at American Airlines. The airline reported nine percent more cargo miles in November 2016 than it had in November 2015. Year to date, American Airlines has flown four percent more cargo than in the first eleven months of 2015.

Looking forward, American Airlines is improving its guidance for the fourth quarter of 2016. Previously, the airlines expected total revenue per available seat mile (TRASM) to decrease between 2.5 and 0.5 percent. Now, the airline estimates its TRASM will be between negative one percent and positive one percent. (See also: Buffett Sees Potential in Airline Industry.)

Following the news, American Airlines stock was up 3.6 percent in mid-morning trading.

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