Royal Ambassador
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- Nov 24, 2003
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Horton - AA May Cut More Capacity in 2009
- Thread starter Royal Ambassador
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NewHampshire Black Bears
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- Aug 20, 2002
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I'm not sure, but is this story the same one, where Horton said(earlier in the week) that 9% WAS to be cut from the domestic(main line) side, or is THIS a potential...."in addition to the 9% ALREADY announced" ???
It's the same old news - reported in the earlier threads discussing Horton's comments. At the Investors' conference earlier this week, Horton commented that AA might have to cut more capacity than the 9% already announced:
http://biz.yahoo.com/ap/090310/american_airlines.html?.v=5
http://biz.yahoo.com/ap/090310/american_airlines.html?.v=5
From the ATA Smart Brief
"American Airlines says February's weak traffic patterns could extend into early summer, with advance booking rates running 2.5% behind last year's level. American already has announced a 9% capacity reduction for this year, and further cuts might be on the way."
Whenever we bring up that Fuel is around 30% of what it was at its peak the company cites that advanced bookings are down, as if to say that the cheaper price of fuel isnt going to help because nobody is flying. The way the company has been talking about it you would think that advanced bookings were down 75%! Advanced bookings, typically the cheaper priced seats, mostly people on vacation, are down two-point -five percent!! They've got to be kidding!!!
So thats 2.5% less than last year, but capacity has been cut by 8%, with another 9% possibly this year. So they are still way better off than last year.
Sounds to me like people wont be able to travel because there won't be any seats available!!
"American Airlines says February's weak traffic patterns could extend into early summer, with advance booking rates running 2.5% behind last year's level. American already has announced a 9% capacity reduction for this year, and further cuts might be on the way."
Whenever we bring up that Fuel is around 30% of what it was at its peak the company cites that advanced bookings are down, as if to say that the cheaper price of fuel isnt going to help because nobody is flying. The way the company has been talking about it you would think that advanced bookings were down 75%! Advanced bookings, typically the cheaper priced seats, mostly people on vacation, are down two-point -five percent!! They've got to be kidding!!!
So thats 2.5% less than last year, but capacity has been cut by 8%, with another 9% possibly this year. So they are still way better off than last year.
Sounds to me like people wont be able to travel because there won't be any seats available!!
