AIRLINE NEWS
Thursday, May 22, 2008
American Airlines to cut flights, jobs as oil prices spike
American Airlines says it will cut domestic flights significantly, shed workers and raise some fees charged to passengers as it battles to offset rocketing crude oil prices.
The largest US carrier said today it planned to slash its domestic flight capacity by up to 12% during the fourth quarter of the year and to retire at least 75 aircraft in the face of rising jet fuel costs.
theage.com.au
The largest US carrier said today it planned to slash its domestic flight capacity by up to 12% during the fourth quarter of the year and to retire at least 75 aircraft in the face of rising jet fuel costs.
theage.com.au
Labels: american airlines
