American Airlines Suspends 6 Routes for August-September as Jet Fuel Costs Hit 30% of Expenses
Updated
Updated · CBS New York · Jun 4
American Airlines Suspends 6 Routes for August-September as Jet Fuel Costs Hit 30% of Expenses
3 articles · Updated · CBS New York · Jun 4
Summary
Six American Airlines routes will be paused in August and September, including Los Angeles-Cleveland, Los Angeles-Columbus and Charlotte-Sacramento, with the carrier saying the cuts are temporary.
Jet fuel now makes up roughly 25% to 30% of airline costs, and the war in Iran has squeezed global oil supplies, pushing carriers to trim unprofitable flying.
American said affected passengers will be rebooked on other flights or offered refunds, and stressed none of the route suspensions are indefinite.
Delta, KLM and Lufthansa have also cut routes as airlines across the industry respond to higher fuel bills, with some adding jet-fuel surcharges to fares.