The world's largest carrier plans to increase capacity at its mainline operations by 0.2 percent this year, according to a filing with the U.S. Securities and Exchange Commission on Wednesday.
That is down from a forecast for a 1.0 percent increase on Jan. 16.
The new 2008 plans call for a 1.1 percent reduction in domestic capacity and a 2.5 percent increase in international capacity.
Previously, the company planned for a 0.4 percent reduction in domestic capacity and a 3.3 percent increase in international capacity this year.
In the first quarter, American is likewise slowing capacity, forecasting a dip of 0.6 percent compared with its previous forecast of a 0.9 percent increase.
http://www.reuters.com/article/marketsNews...20080221?rpc=44
That is down from a forecast for a 1.0 percent increase on Jan. 16.
The new 2008 plans call for a 1.1 percent reduction in domestic capacity and a 2.5 percent increase in international capacity.
Previously, the company planned for a 0.4 percent reduction in domestic capacity and a 3.3 percent increase in international capacity this year.
In the first quarter, American is likewise slowing capacity, forecasting a dip of 0.6 percent compared with its previous forecast of a 0.9 percent increase.
http://www.reuters.com/article/marketsNews...20080221?rpc=44
