Shares in this article
Due to international travel bans and a slump in domestic demand, American Airlines had stopped most of its flights in the Corona crisis. Within the United States, it cut offerings by 65 percent in April and 80 percent in May. While only 15 percent of the seats in the machines were occupied in April, demand gradually increased in May. In the last week of May, the occupancy was 55 percent on average, according to the information. The airline counted an average of 110,000 passengers per day. In April, the daily average was only a good 32,000 – and that with a larger number of flights.
“We are seeing a slow but steady recovery in domestic demand,” said airline strategy manager Vasu Raja. Despite the low demand for flights abroad, American Airlines now plans to head back to eight destinations in Latin America, the Caribbean and Europe, including Frankfurt, London, Paris and Amsterdam.
American Airlines shares rose a whopping 41.25 percent to $ 16.74 on the NYSE on Thursday.
/ stw / eas / mis
FORT WORTH (dpa-AFX)
More news about Fraport AG
–
Image sources: Paulo Afonso / Shutterstock.com, Christopher Parypa / Shutterstock.com
–