American Airlines

In an internal memo to employees, American Airlines announced that it will move its Airbus A330-200 fleet into long-term storage until at least 2022 as demand for flights has plummeted, making the jet’s operation too costly on both long-haul and domestic routes. American has already parked around 450 planes and accelerated the retirements of several […]

As airlines continue to struggle through the virtually nonexistent travel associated with the coronavirus pandemic, they are looking for as many places as possible to cut down on costs in an effort to save money. Many airlines have grounded large portions of their fleets, including inefficient jumbo jets that they would be unable to fill […]

Last week, the first two of the four major U.S. airlines reported their first-quarter earnings. Atlanta-based Delta Air Lines announced a loss of $607 million and United Airlines announced a whopping $2.1 billion loss for the same time period. Originally, Southwest Airlines and American Airlines — the two Dallas/Fort-Worth-headquartered competitors — had been slated to […]

With the travel industry coming to a grinding halt, there a lot of people not taking their vacations or traveling for business. This has brought up a big problem for the industry beyond some of the most obvious reasons: customers want and are generally legally entitled to cash refunds. Largely, this is a result of […]

This week marks one of the first opportunities American investors and the public will have to see just how the airline industry is suffering as a result of the COVID-19 pandemic. The four largest U.S. carriers are all set to release their first-quarter earnings this week. United Airlines’ numbers first leaked on April 20 and […]

The COVID-19 pandemic has dramatically reduced travel demand across the United States and throughout the world. Recently the United States has seen record low numbers of passengers traveling with passenger counts nationwide dipping below 100,000 earlier in the week. In response to this dramatic drop in demand, airlines have been seeking measures to reduce costs […]

VistaJet executive Thomas Flohr believes that there will be a “significant rebound” in the aviation industry in the second quarter, especially towards May or June, as borders around the world slowly begin to open up as the Coronavirus subsides. Flohr says that his company, which primarily charters business travelers, would be willing to assist airlines […]

Less than a week after releasing preliminary terms for airlines receiving aid from the U.S. government, the Department of Transportation (DOT) filed another memo for airlines on April 3, this one mandating airlines continue to provide refunds per previous guidance, even in the wake of the economic and travel industry fallout precipitated by COVID-19. “U.S. […]

As uncertainty around the duration of the COVID-19 emergency hampers travel demand and restricts international mobility, airlines around the world are adjusting their capacity to this new reality. American Airlines announced on Thursday further capacity cuts that will be made to its schedule during the peak summer season. The Fort Worth-based carrier will reduce capacity […]

As COVID-19, the novel Coronavirus that appeared months ago continues to slow down travel around the world, American Airlines has announced that it will halt pilot recruitment and expedite the retirement of its older Boeing 757 and 767 aircraft. “As you are aware, COVID-19 has had a significant impact on our flight loads,” said a […]