AIRLINE NEWS
Thursday, May 29, 2008
American Airlines to end New York-Stansted flights
American Airlines said Wednesday it will stop flying between New York's John F. Kennedy International Airport and London's Stansted Airport less than a year after launching the route.
The move, which takes effect July 2, is part of the leading U.S. carrier's plan to cut costs and shed capacity by 11 percent to 12 percent in the face of rapidly rising fuel prices. Flights to London's Heathrow Airport are not affected by the change.
Fort Worth, Texas-based American launched service to Stansted in October, hoping to gain a larger share of the lucrative trans-Atlantic business travel market. Its entry was seen as partially responsible for the failures of all-business class carriers MAXjet Airways and Eos Airlines Inc., which quit flying from the airport in recent months.
On Tuesday, American said it will discontinue its Chicago-Buenos Aires service and Boston-San Diego service on Sept. 3, and Chicago-Honolulu service on Jan. 5. It will also restructure American and American Eagle operations at San Juan, Puerto Rico, beginning in September.
Source: money.cnn.com
The move, which takes effect July 2, is part of the leading U.S. carrier's plan to cut costs and shed capacity by 11 percent to 12 percent in the face of rapidly rising fuel prices. Flights to London's Heathrow Airport are not affected by the change.
Fort Worth, Texas-based American launched service to Stansted in October, hoping to gain a larger share of the lucrative trans-Atlantic business travel market. Its entry was seen as partially responsible for the failures of all-business class carriers MAXjet Airways and Eos Airlines Inc., which quit flying from the airport in recent months.
On Tuesday, American said it will discontinue its Chicago-Buenos Aires service and Boston-San Diego service on Sept. 3, and Chicago-Honolulu service on Jan. 5. It will also restructure American and American Eagle operations at San Juan, Puerto Rico, beginning in September.
Source: money.cnn.com
Labels: american airlines, New York, stansted
