American Airlines sees capacity cuts through February as Covid cases rise

American Airlines expects the impression of the coronavirus pandemic to proceed to weigh on demand and schedules into 2021, the provider's president stated Tuesday.

The Fort Worth, Texas-based airline is flying about 45% of its 2019 schedule this month, Robert Isom instructed reporters at Miami International Airport, earlier than the debut of the Boeing 737 Max's first U.S. flight with business passengers because it was grounded practically two years in the past.

"We anticipate that's something that will carry on into January and February. We are hopeful that the vaccine will show some promise," he stated.

American and its opponents have warned traders in latest weeks {that a} surge in Covid-19 cases and new journey restrictions have harm fourth-quarter income, regardless of a spike in vacationers across the year-end holidays.

Boeing 737 Max embarks on first U.S. business flights since two-year groundingSquawk on the Street

based mostly on website supplies www.cnbc.com

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