American Airlines is grounding almost half of its fleet and canceling 55,000 flights subsequent month, in keeping with an inner message despatched to workers obtained by CNN.
The airline additionally expects “demand to fall much more earlier than it will get higher,” the message acknowledged.
The hanging numbers in an inner e-mail from American Airlines President Robert Isom embody a discount of worldwide flights by 75% and home flights by 30% in April, “with plans to reduce it even further in May.”
The message stated American would park 130 extensive physique and 320 slender physique planes. The airline has advised regulators that its core fleet contains 942 plane.
The airline, which is the world’s largest, additionally stated it’s persevering with efforts to cut back the variety of workers it pays, by increasing voluntary depart packages and “offering an early out” to workers with at the least 15 years of service.
“With minimal operations, we need a smaller staff,” Isom wrote.
The notice didn’t disclose any furloughs or layoffs, and the airline has declined to touch upon whether or not it’s contemplating such cuts.