American Airlines to Cut Capacity if Fuel Costs Stay High

American Airlines to Cut Capacity if Fuel Costs Stay High

American Airlines CEO Robert Isom said he expected the carrier to make some “trade-offs” on capacity if fuel prices continue to stay elevated in the long-term, expecting slower growth in 2027. “If fuel prices remain as high as they are right now, I think that's going to require some adjustments in terms of our capacity planning as we take a look out into the future,” he said at the Morgan Stanley Laguna investor conference on Wednesday. American chief financial officer Devon May said at the conference that the carrier would adjust capacity in the t

Original Source

Read the full article at Skift →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.