American Airlines said its passenger traffic in January increased 1.6 percent even as the carrier trimmed capacity by 0.3 percent.
The Fort Worth-based carrier said its load factor rose 1.5 percentage points to 79.7 percent compared to January 2015.
American told investors it expects unit revenues to be down about 6 to 8 percent for the first quarter and that pre-tax margins excluding special items will be between 12 to 14 percent.
Shares of American [ticker: AAL] were up 22 cents to $35.77 in early morning trading.
Premium content for only $0.99
For the most comprehensive local coverage, subscribe today.