{"id":118888,"date":"2021-03-29T15:54:11","date_gmt":"2021-03-29T15:54:11","guid":{"rendered":"https:\/\/precoinnews.com\/?p=118888"},"modified":"2021-03-29T15:54:11","modified_gmt":"2021-03-29T15:54:11","slug":"american-airlines-readies-more-jets-to-meet-rising-demand","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/american-airlines-readies-more-jets-to-meet-rising-demand\/","title":{"rendered":"American Airlines readies more jets to meet rising demand"},"content":{"rendered":"<figcaption>FILE PHOTO: American Airlines flight 718, the first U.S. Boeing 737 MAX commercial flight since regulators lifted a 20-month grounding in November, lands at LaGuardia airport in New York, U.S. December 29, 2020.  REUTERS\/Eduardo Munoz\/File Photo<\/figcaption><p>(Reuters) &#8211; American Airlines said on Monday it expects to fly most of its fleet in the coming months thanks to strong domestic and short-haul international bookings as COVID-19 infection rates and hospitalizations decline and more people receive vaccines.<\/p>\n<p>American said that as of March 26, average bookings for the next seven days had reached 90% of levels experienced before the pandemic upended air travel in 2019, with a domestic load factor of about 80%.<\/p>\n<p>\u201cThe Company presently expects this strength in bookings to continue through the end of the first quarter and into the second quarter,\u201d it said in a regulatory filing.<\/p>\n<p>Shares in U.S. airlines, which parked hundreds of jets as demand plummeted last year, have climbed this year amid hopes for a recovery.<\/p>\n<p>The U.S. Transportation Security Administration (TSA) screened 1.57 million passengers on Sunday, the highest number since March 2020.<\/p>\n<p>Following the increase in travel demand so far this year, American said it expects its system capacity to be down between 40% and 45% in the first quarter to March 31 versus the same period in 2019, compared to its previous guidance for a 45% decline.<\/p>\n<p>Source: <a href=\"https:\/\/www.reuters.com\/article\/us-health-coronavirus-american-airline\/american-airlines-readies-more-jets-to-meet-rising-demand-idUSKBN2BL21K\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FILE PHOTO: American Airlines flight 718, the<\/p>\n","protected":false},"author":3,"featured_media":118887,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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