EX-99.1 2 a8kexhibit991announcem.htm EXHIBIT 99.1 - 04.02.20 Exhibit
Exhibit 99.1

AMERICAN AIRLINES ANNOUNCES SUMMER SCHEDULE CHANGES TO MATCH REDUCED CUSTOMER DEMAND RELATED TO COVID-19
Carrier further reduces international capacity for summer and winter

FORT WORTH, Texas –– American Airlines Group Inc. (NASDAQ: AAL) will make further capacity cuts this summer to address record low customer demand. The airline will:
Suspend more than 60% of international capacity for the peak summer travel season versus the same period last year.
Delay the launch of new routes, including service from Philadelphia (PHL) to Casablanca (CMN), Chicago (ORD) to Krakow (KRK) and Seattle (SEA) to Bangalore (BLR) to 2021.
Delay the launch of new winter seasonal service from Los Angeles (LAX) to Christchurch (CHC) and from Dallas-Fort Worth (DFW) to Auckland (AKL) to winter 2021.
Suspend 25 total summer seasonal flights until summer 2021.
Summer and winter capacity will be reduced
American will suspend more than 60% of its total international capacity this summer compared to the same peak period in 2019, which includes an 80% reduction in Pacific capacity, 65% reduction in Atlantic capacity and 48% reduction in Latin America capacity. These changes are due to significantly decreased customer demand as well as government travel restrictions –– both related to the coronavirus (COVID-19) pandemic. The reduced summer schedule, as well as the previously announced domestic schedule reductions for May, will be reflected on aa.com starting Sunday, April 5.

The airline previously announced that new service to AKL from Dallas-Fort Worth (DFW), CHC from Los Angeles (LAX) and BLR from SEA would all begin in October 2020, but American will now begin operating those routes in winter 2021. The resumption of existing service to AKL from LAX –– which was originally slated to resume in early October 2020 –– will now resume at the end of October 2020.

American will further extend the start date of new routes. Service to London (LHR) from Boston (BOS) will now launch in October 2020 and service to Tel Aviv (TLV) from DFW will begin in September 2021. Service to CMN from PHL and KRK from ORD will not launch this year, as well as 23 existing summer seasonal routes.

A full list of changes to the international summer schedule is below. There are no further changes at this time.

Updated Asia Pacific schedules:    
Origin
Destination
Schedule change
DFW
Auckland (AKL)
Inaugural flight moves to winter 2021
DFW
Hong Kong (HKG)
Service resumes July 7
DFW
Tokyo-Haneda (HND)
Inaugural flight moves to July 7
DFW
Seoul (ICN)
Service resumes July 7
DFW
Beijing (PEK)
Service resumes Oct. 25
DFW
Shanghai (PVG)
Service resumes Oct. 25
LAX
AKL
Seasonal service resumes Oct. 25
LAX
Christchurch (CHC)
Inaugural flight moves to winter 2021
LAX
HKG
Service resumes Oct. 25
LAX
HND
Service resumes July 7; twice-daily service resumes Oct. 25
LAX
PEK
Service resumes Oct. 25
LAX
PVG
Service resumes Oct. 25
LAX
Sydney (SYD)
Service resumes Oct. 23




Updated Europe and Africa schedules
The following routes will begin operating later this year
Origin
Destination
Schedule change
BOS
London (LHR)
Inaugural flight moves to October 25
CLT
LHR
Service resumes July 7; twice-daily service resumes October 2020
CLT
Frankfurt (FRA)
Service resumes Oct. 25
CLT
Munich (MUC)
Service resumes July 7
DFW
Amsterdam (AMS)
Service resumes June 4
DFW
Dublin (DUB)
Service resumes July 7
DFW
Frankfurt (FRA)
Service resumes June 4
JFK
Barcelona (BCN)
Service resumes Oct. 25
JFK
Paris (CDG)
Service resumes July 7
JFK
LHR
Service resumes June 4
JFK
Madrid (MAD)
Service resumes July 7
JFK
Milan (MXP)
Service resumes Oct. 25
LAX
LHR
Service resumes June 4
MIA
BCN
Service resumes Oct. 25
MIA
CDG
Service resumes Oct. 25
MIA
MAD
Service resumes July 7
MIA
Milan (MXP)
Service resumes Oct. 25
ORD
Athens (ATH)
Service resumes June 4
ORD
BCN
Service resumes July 7
ORD
DUB
Service resumes June 4
ORD
LHR
Service resumes June 4
PHL
AMS
Service resumes Oct. 7
PHL
BCN
Service resumes Oct. 25
PHL
CDG
Service resumes Oct. 25
PHL
DUB
Service resumes Oct. 7
PHL
Rome (FCO)
Service resumes Oct. 25
PHL
LHR
Service resumes June 4
PHL
MAD
Service resumes July 7
PHL
Manchester (MAN)
Service resumes Oct. 25
PHL
Zurich (ZRH)
Service resumes July 7
PHX
LHR
Service resumes Oct. 7
RDU
LHR
Service resumes June 4

The following routes will not operate this summer season
Origin
Destination
CLT
BCN
CLT
CDG
CLT
DUB
CLT
FCO
CLT
MAD
DFW
FCO
DFW
MUC



JFK
FCO
ORD
Budapest (BUD)
ORD
CDG
ORD
FCO
ORD
Krakow (KRK)
ORD
Prague (PRG)
ORD
Venice (VCE)
PHL
ATH
PHL
BUD
PHL
Casablanca (CMN)
PHL
Dubrovnik (DBV)
PHL
Edinburgh (EDI)
PHL
Reykjavík (KEF)
PHL
Lisbon (LIS)
PHL
PRG
PHL
Shannon (SNN)
PHL
Berlin (TXL)
PHL
VCE

Updated Latin America schedules:
Origin
Destination
Schedule change
DFW
Buenos Aires (EZE)
Service resumes Oct. 25
DFW
São Paulo (GRU)
Service resumes July 7
DFW
Lima (LIM)
Service resumes July 7
DFW
Santiago (SCL)
Service resumes Oct. 25
JFK
EZE
Service resumes June 4
JFK
Rio de Janeiro (GIG)
Service resumes Dec. 17
JFK
GRU
Service resumes June 4
LAX
EZE
Service resumes Oct. 25
LAX
GRU
Service resumes Oct. 25
MIA
Brasilia (BSB)
Service resumes Oct. 25
MIA
EZE
Service resumes May 7; twice-daily service resumes Oct. 25
MIA
GIG
Service resumes June 4
MIA
GRU
Service resumes May 7; twice-daily service resumes Oct. 25
MIA
SCL
Service resumes May 7


About American Airlines Group
American Airlines offers customers 6,800 daily flights to more than 365 destinations in 61 countries from its hubs in Charlotte, Chicago, Dallas-Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix and Washington, D.C. With a shared purpose of caring for people on life's journey, American's 130,000 global team members serve more than 200 million customers annually. Since 2013, American has invested more than $28 billion in its product and people and now flies the youngest fleet among U.S. network carriers, equipped with industry-leading high-speed Wi-Fi, lie-flat seats, and more inflight entertainment and access to power. American also has enhanced food and beverage options in the air and on the ground in its world-class Admirals Club and Flagship lounges. American was recently named a Five Star Global Airline by the Airline Passenger Experience Association and Airline of the Year by Air Transport World. American is a founding member of oneworld®, whose members serve 1,100



destinations in 180 countries and territories. Shares of American Airlines Group Inc. trade on Nasdaq under the ticker symbol AAL and the company's stock is included in the S&P 500. Learn more about what's happening at American by visiting news.aa.com and connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines.

##