American Airlines Cancels Seoul Flights On Lower Demand
Zacks Investment Research | Mar 04, 2020 07:41AM ET
American Airlines Group Inc. (NASDAQ:AAL) has suspended service between Dallas and Seoul-Incheon through Apr 24, 2020 due to a drop in demand. With the fast-evolving coronavirus outbreak earlier in the month, the Fort Worth, TX based carrier suspended all U.S. flights to Milan.
Last month, Delta Air Lines, Inc. (NYSE:DAL) temporarily reduced the number of services to and from South Korea. The carrier has reduced flights connecting Seoul with Atlanta and that connecting Detroit with Seattle to five times weekly through Apr 30. Additionally, it suspended service between Minneapolis/St. Paul and Seoul-Incheon through Apr 30.
Amid decreasing air travel demand, American Airlines suspended change and cancellation fees to encourage customers to travel without hesitation, while simultaneously trying to get back its share of the fallen demand. The facility is available on all new ticket purchases through Mar 16. Customers can avail of this benefit up to 14 days prior to travel for scheduled journey through late January 2021.
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