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American Airlines plans to cut 75 percent of its international flights through May 6 and ground nearly all its widebody fleet. The move comes as carriers across the globe are feeling the pain as travel demand withers because of the coronavirus outbreak and the companies respond by scrapping flights and ditching financial forecasts. Shares of …
American Airlines plans to cut 75 percent of its international flights through May 6 and ground nearly all its widebody fleet.
The move comes as carriers across the globe are feeling the pain as travel demand withers because of the coronavirus outbreak and the companies respond by scrapping flights and ditching financial forecasts.
Shares of American Airlines were trading down nearly 12 percent Thursday afternoon, at $10.31.
