American Airlines to cut summer international capacity by 60%, including an 80% reduction to the Pacific

MarketWatch ^ | 4/3/20 | Tomi Kilgore

[Moonman62]

American Airlines Group Inc. AAL, -5.89% said Friday that it will suspend 60% of its international capacity for the "peak" summer travel season compared with a year ago, in response to "record low customer demand" resulting from the COVID-19 pandemic. The stock rose 2.1% in premarket trading, after plummeting 35.8% over the past five sessions. The suspensions include an 80% reduction in Pacific capacity, a 65% cut in Atlantic capacity and a 48% reduction in Latin America capacity.

[ASA Vet]

So when people are allowed to fly again they will reduce the flights so as to keep those flying jammed together like sardines?

I'm glad my trips to Asia are via private jet.

[Vaduz]

Bet most will think twice about what countries they visit from now on.

[nicollo]

So they won’t be needing the 737 Super Max after all?