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American Airlines Reaches Traffic Milestone

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In the face of the industry-devastating coronavirus pandemic that has decimated the demand for air travel, American Airlines saw a glimmer of hope this week.

Wednesday, May 20, marked a milestone. According to Fox Business, American carried its highest amount of passengers since March 22, a span of almost two months

Capacity was down 95 percent across the board during March and April; for American, demand is still down 84 percent compared to the same time period last year but nonetheless has grown slightly during the month of May.

“In April, we had a 15 percent load factor and so far, month-to-date in May, we’re at 35 percent,” American Airlines executives said during a digital investor conference. Meanwhile, in April of 2019, the carrier was flying planes that were 85 percent full.

In general, people are staying away from travel. Even car trips are expected to be down, as AAA failed to deliver a Memorial Day travel forecast for the first time in decades.

For American, it’s a small sliver of good news in the face of rough news—the world’s largest airline is also the most vulnerable for bankruptcy, according to a new study of risk assessment by the firm RapidRatings.

“American is the most at risk and that’s it in every way you look at it. American stands out as the weakest of this cohort,” RapidRatings CEO James Gellert told Yahoo Finance.

His firm, which has done similar work for McDonald’s (MCD) and Unilever (UL), looks at whether a company can withstand shocks like the COVID-19 crisis, which has devastated the global economy.

This post was published by our news partner: TravelPulse.com | Article Source

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Airline News

Survey Highlights Coronavirus Changes Airline Passengers Want

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A recent survey of business and leisure airline passengers highlighted the guidelines and health-related equipment travelers are looking for when boarding a plane during and after the coronavirus outbreak.

According to information from Honeywell, around 72 percent were more concerned with the environment on an airplane than in an airport, which only saw 28 percent of respondents voice the most concern.

Nearly 60 percent of respondents also cited social distancing as their top priority during travel, while about half of those surveyed cited air quality (51 percent) and personal protective equipment such as masks (47 percent) as top priorities.

“This survey demonstrates that passengers want high-tech solutions to best validate the entire travel experience as it relates to health and safety,” Honeywell vice president Kevin Suits said in a statement. “Honeywell offers a variety of relevant solutions today that we can bring forward to support travelers.

“We continue to speak with airline executives and transportation leaders about the types of new products and services that would support their efforts to further clean and monitor the cleanliness of their aircraft,” Suits continued. “We are quickly bringing to market new offerings that would be a win-win for our industry and all of us who love to fly.”

In terms of in-flight amenities most-desired by passengers, masks, hand sanitizer and alcohol wipes top the list. Travelers also revealed that cleanliness validation via technology was by far (60 percent) the most important way to provide confidence.

A portion of surveyed passengers also thinks that providing cleaning supplies directly to the passenger would help ensure confidence in the cleanliness of the cabin.

This post was published by our news partner: TravelPulse.com | Article Source

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