American Airlines has opted to accelerate the retirement of its 34-strong Airbus A300-600 fleet.
“Those planes, which we had been planning to retire by the end of 2012, will instead be retired by the end of next year,” says Gerard Arpey, chairman and CEO of American’s parent, AMR Corp.
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The carrier, which today posted a second quarter net loss of $1.4 billion, had previously announced plans to retire 10 A300s by year-end, in addition to 30 Boeing MD-80s, 37 regional jets and 26 Saab turboprops, as part of its larger effort to slash costs in the face of soaring fuel prices and a weakening economy.
Source: Flightglobal.com's sister premium news site Air Transport Intelligence news