Tuesday, March 1, 2011

Not "Up In the Air"...American Airlines Cuts Flights

American Airlines is continuing the trend of airlines trimming capacity as the industry tries to grapple with rising fuel costs by reducing flights and hiking fares.

Capacity would be reduced by about 1% overall.

In addition to sky rocketing fuel prices, airlines had to contend with serious weather disruptions in January and February that increased costs and will likely result in some losses.

www.premieretravel.com

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