American Airlines Second US Carrier to Trim Capacity as Fuel, Weather Bite
American Airlines on Tuesday became the second major US carrier to trim capacity plans as the industry looks to offset rising fuel costs with fewer flights and higher fares.
The unit of AMR Corp. (AMR) said it would reduce planned extra flying this year by a percentage point from existing guidance having said in January that consolidated capacity--which includes regional flying--would be 3.6% higher than in 2010.
The airline also said bad weather reduced revenue by around $50 million in January and February when it had to absorb the costs of storm-related closings at its Dallas-Fort Worth and Chicago hubs.
American's move follows that of Delta Air Lines …
The rest of this article is only available to active members of Questia
Sign up now for a free, 1-day trial and receive full access to:
- Questia's entire collection
- Automatic bibliography creation
- More helpful research tools like notes, citations, and highlights
- Ad-free environment
Already a member? Log in now.
Questia, a part of Gale, Cengage Learning. www.questia.com
Publication information:
Article title: American Airlines Second US Carrier to Trim Capacity as Fuel, Weather Bite.
Contributors: Not available.
Newspaper title: Manila Bulletin.
Publication date: March 2, 2011.
Page number: Not available.
© 2009 Manila Bulletin Publishing Corp.
COPYRIGHT 2011 Gale Group.
This material is protected by copyright and, with the exception of fair use, may not be further copied, distributed or transmitted in any form or by any means.
One moment ...
- Georgia
- Arial
- Times New Roman
- Verdana
- Courier/monospaced
Reset