"That is obviously not the case," the memo read. "Based on current demand levels, we at American now plan to fly less than 50% of our airline in the fourth quarter, with long-haul international particularly reduced to only 25% of 2019 levels."
On Thursday, American Airlines announced that it will be suspending service in 15 markets this October due to "low demand and the expiration of the air service requirements" in the CARES Act. Markets that will be affected include New Haven, Conn.; Springfield, Ill.; and Williamsport, Pa., according to the company.
In March, Sydney-based CAPA Centre for Aviation predicted that many airlines would have a hard time bouncing back financially after the air travel industry was hit hard by the outbreak.
"Emerging from the crisis will be like entering a brutal battlefield, littered with casualties,” CAPA said, warning that, “coordinated government and industry action is needed — now — if catastrophe is to be avoided.”
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