All American Airlines articles – Page 14
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NewsAmerican and JetBlue unveil strategic partnership focused on Northeast USA
American Airlines and JetBlue Airways have announced the formation of a “strategic partnership” under which they propose to operate codeshare flights and reciprocal frequent flier benefits.
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NewsAmerican Airlines warns 25,000 employees of pending job losses
American Airlines has warned 25,000 employees that they may be out of a job when the USA’s federally funded payroll support programme runs out on 1 October.
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NewsAmerican expects this week to notify pilots of layoffs
American Airlines intends to notify pilots this week of potential layoffs, a move coming after executives estimated the airline may need to cut some 1,500 pilot jobs.
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NewsAmerican seeks Boeing’s help to avoid 737 Max cancellations: report
American Airlines is reportedly seeking Boeing’s help to arrange financing for the purchase of at least one dozen 737 Max jets scheduled to be delivered this year, with the fate of those orders hanging in the balance.
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NewsMajor US airlines announce schedule changes
The three US legacy passenger carriers have announced changes to their schedules after a four-month period in which capacity and demand had hit all-time lows due to the coronavirus pandemic.
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NewsAmerican adds $2bn to balance sheet
American Airlines has priced its common stock offering and convertible bond raising nearly $2 billion.
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NewsAmerican Airlines sees encouraging demand trend
American Airlines says it has transported an average of 127,000 passengers daily in June so far, up from a low of 32,000 passengers in April, as travelers once again take to the sky while the global coronavirus crisis enters its fourth month.
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NewsAmerican to operate 55% of its 2019 domestic network this summer
American Airlines’ domestic schedule will soon exceed 50% of its prior-year level for the first time since the coronavirus pandemic hammered travel demand.
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Airline BusinessNorth American carriers hunker down through crisis
While hard hit North American carriers may have found some comfort from state support packages and the size of its home markets, they have taken action swift action to limit cash burn to protect their businesses while waiting for passenger demand to return
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NewsAmerican sees signs of travel rebound
American Airlines says it sees promising signs of a rebound in air travel after the coronavirus pandemic decimated the industry earlier this year, but warns that the bounce in demand is tenuous, and from a vanishingly low level.
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NewsBA and American offer London slots to ease transatlantic pact concerns
Oneworld alliance carriers British Airways and American Airlines have offered slots at London Heathrow or Gatwick to address competition concerns on transatlantic services arising from their joint business arrangement. The measures have been put forward ahead of the expiry, after 10 years, of a binding commitment made in 2010 when ...
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NewsWarren Buffett’s investment firm sells out of four major US carriers
Renowned investor Warren Buffett has dumped his stakes in four major US carriers, four years after joking that his firm Berkshire Hathaway was set to benefit from airlines’ tendency to increase fares ahead of its shareholder events. Buffett disclosed the decision to shareholders during Berkshire Hathaway’s 2020 event on 2 ...
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NewsAmerican lightens fleet load in pursuit of liquidity
American Airlines is counting on cost-saving fleet retirements and a $4.75 billion US CARES Act loan to boost its liquidity sufficiently to help see it through the next two quarters while waiting for travel demand to revive somewhat during the summer months.
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Airline BusinessGrounded commercial aircraft around the world – in pictures
Parked aircraft have become commonplace at airports in all regions as the coronavirus outbreak prompts border restrictions and plummeting demand for air travel
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NewsSouthwest and American announce government aid deal
Two US passenger carriers say they have reached deals with the government on the amount of emergency financial aid promised to the industry as part of the $2 trillion CARES Act, as airlines realign their networks to face the realities of the sharp drop-off in travel demand since the coronavirus pandemic began.
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In depthCan pilots hold onto their jobs? Careers under threat as demand for flights collapses
Almost 20 years ago, the aftermath of 9/11 saw a raft of lay-offs among flightcrew as demand for flying collapsed. Now, amid an even bigger crisis for aviation, we assess the likely impact on cockpit careers
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NewsAmerican Airlines cuts summer schedule
American Airlines says its summer 2020 schedule will reflect the realities of the decline in demand after the global coronavirus pandemic.
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Airline BusinessUS carriers race to shrink fleets as nearly 400 near-term aircraft deliveries loom
The speed at which a handful of US passenger airlines bounce back from the coronavirus pandemic will to a large degree determine how significantly the virus downturn wallops airframers Airbus and Boeing.
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NewsAmerican Airlines to fly cargo-only flights for first time since 1984
Due to lack of demand for passenger transportation, American Airlines plans to start flying scheduled cargo-only flights.
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NewsCoronavirus prompts American to retire 767s and 757s early
American Airlines has accelerated the retirement of its 767s and 757s. It now plans to ground 767s in May and 757s by the second half of 2021.