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American Airlines Details First Round of Flight Cuts
Topics:Stock Market | Airlines | Energy | Transportation
Sectors:Oil and Gas
Companies:AMR Corporation
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Route cuts at American Airlines will start with discontinuing some long-haul service, including Chicago flights to Honolulu and Buenos Aires, the carrier said on Tuesday.
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Tony Gutierrez / AP |
], also will cut service between Boston and San Diego, effective Sept. 3. Flights from O'Hare airport in Chicago to Buenos Aires will cease on Sept. 3 as well, while Chicago-Honolulu service will end on Jan. 5, 2009. AMR will also restructure American and American Eagle operations at San Juan, Puerto Rico, beginning in September. Customers will be notified beginning next week and reaccommodated on other flights, American said.
More changes are expected in the coming weeks to achieve the company's goal of reducing fourth-quarter mainline domestic capacity by 11 percent to 12 percent to help offset skyrocketing fuel costs.
Regional capacity is also coming down.
© 2009 CNBC.com
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