Fort Worth-based American Airlines is profitable for the first time in more than two years without government help as fuller planes and higher-ticket prices...
While several airlines cut back on capacity, American kept its schedule 25% larger than its next-largest competitor, Delta Air Lines. American carried more than 53 million passengers on more than 500,000 flights in the quarter.
American said its on-time arrival rate in the three-month period was better than it was during the same quarter in 2019. The summer of 2019 was marred by infighting with union mechanics and limited capacity from“As we look to the rest of the year, we have taken proactive steps to build additional buffer into our schedule and will continue to limit capacity to the resources we have and the operating conditions we face,” Isom said in the letter.
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