American Airlines to unground all aircraft by May
American Airlines has planned to fly all of its aircraft as soon as May later this year.
In a memo sent to American employees, Maya Leibman, American Airlines' Chief Information Officer, highlighted:
- Bookings on aa.com and the mobile app are up 150-400% compared to last year and within a few points of 2019.
- Last weekend, the booking was even higher than they were over the same weekend in 2019.
- The last 7 days have been American Airlines' biggest revenue days since the start of the pandemic. American had a nearly 80% domestic load factor last week.
"These are stats we haven't seen in a year. And all I’m hearing from my friends and family are their travel plans for this summer — you probably are too. It feels like there’s this incredible pent-up demand to GO SOMEWHERE!" added Leibman.
Currently, 142 American aircraft are in storage. Last week American Airlines completed a sale-and-leaseback deal for 18 new Boeing 737 MAX aircraft with Dubai Aerospace Enterprise.
American also raised $10 billion through the public markets earlier this month.
American also announced 10 additional routes out of Austin lately, including seven year-round and three seasonal flights.
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