Printer Friendly

AMERICAN AIRLINES MAKES ANNOUNCEMENT

 DALLAS/FORT WORTH AIRPORT, May 6 /PRNewswire/ -- American Airlines will remove from service six of its 10 McDonnell Douglas DC-10-30 long-range widebody jets this fall as part of the airline's ongoing effort to reduce capacity, Chairman and President Robert L. Crandall announced today.
 These groundings are in addition to the airline's previously announced decision to remove 25 DC-10-10 jets from its fleet -- 16 this year and nine by May of 1994.
 The 227-seat DC-10-30 jets currently fly DFW-Frankfurt, DFW-Paris and JFK-Paris routes. They will remain on those European routes until October, at which time they will be replaced with 215-seat Boeing B767- 300 extended range aircraft.
 "We're looking hard for buyers for those (DC-10s) and other airplanes as we seek to accelerate our shrinkage in economically sensible ways," Crandall told financial analysts at a transportation conference today.
 Grounding the planes means American will operate only two fleet types to Europe - Boeing 767ERs and McDonnell Douglas MD-11s.
 "Operating only two, rather than three, fleet types over the North Atlantic will generate significant savings in operating costs," said Gerald Arpey, senior vice president-planning. "We are continuing to look for other opportunities to simplify and shrink our fleet in an effort to improve our profitability."
 The fleet reductions are part of American's "Transition Plan," the company's blueprint for regaining profitability by 1) focusing on areas where it can provide competitive value, 2) reducing unprofitable operations and 3) strengthening the company's information technology and other non-airline businesses. The company already has started to increase operations at its strongest hubs and will withdraw or downsize service in weaker markets.
 -0- 5/6/93
 /CONTACT: Al Becker, corporate communications of DFW Airport, 817-967-1577/


CO: American Airlines ST: Texas IN: AIR SU:

TS -- NY038 -- 5294 05/06/93 10:00 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 6, 1993
Words:294
Previous Article:SEARS REPORTS APRIL REVENUES
Next Article:EDISON BROTHERS SALES REPORT
Topics:


Related Articles
THE GREENBRIER HOLDS WELCOMING CEREMONY COMMEMORATING INAUGURAL FLIGHT
AMERICAN AIRLINES RESPONDS TO REPORTS
AMERICAN AIRLINES MAKES ANNOUNCEMENT
American Airlines Announces Large Order for Boeing Jets and New Partnering Relationship
American Airlines Issues Statement on EC Tentative Opinion on AA-BA Alliance
American Airlines to Use Nortel Networks Solution For Notification Service.
American Airlines Becomes the Official Airline of The Shubert Organization.
Flying the gay-friendly skies.
-Analysts say BA's adverse reactions may be premature.
Northwest Airlines drops travel agent ticket charge.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters