FILE: Some of the 88 American Airlines planes stored at Pittsburgh International Airport sit idle on a closed runway in Imperial, Pa., on Tuesday, March 31, 2020. (AP Photo/Gene J. Puskar)
The country’s largest airline is dramatically slashing the number of flights it offers from three of the country’s busiest airports as coronavirus, or COVID-19, continues to slow commercial air travel to a trickle.
American Airlines late Monday said that it will begin offering only 13 daily flights from John F. Kennedy, LaGuardia, and Newark Liberty airports — down from 270 flights at the same point last year. The temporary schedule, effective Tuesday, will run through at least May 6.
“The demand for flights to the New York area is rapidly evaporating,” the airline, the country’s largest by passenger traffic in 2019, said in a statement.
The New York metropolitan region, and New York City in particular, is an epicenter of coronavirus. More than a third of the 10,993 U.S. deaths attributed to COVID-19 have occurred in New York City alone, as of Tuesday morning, according to data compiled by Johns Hopkins University & Medicine.
A tweet from American Airlines spokesman described just how much demand has declined:
Other U.S. airlines have made similarly dramatic cuts. United Airlines, for example, this weekend reduced its flights from the New York City region to just 17 a day: 15 from the airline’s hub in Newark and another two from LaGuardia. United had previously 157 daily flights from the two airports (it doesn’t fly from JFK).
Meanwhile, budget carrier Spirit eliminated all its flights into and out of the region’s airports. JetBlue last week announced plans to cut its New York area flights from 200 a day to 40.
Even as passenger travel has sharply dropped in the U.S., the Department of Transportation and the Treasury Department are re-considering whether to require airlines to maintain a minimum level of service to help facilitate the movement of essential workers and goods. Treasury Secretary Steve Mnuchin last week said that airlines may be required to continue flying to be eligible to receive federal support from the roughly $50 billion set aside for airlines in the $2 trillion CARES Act that President Trump signed March 27.
American Airlines, in its statement announcing the flight reductions, appeared to seek to address this in describing the changes.
“We recognize the essential service we provide to New York, and all of the airports American serves, as the world fights the spread of COVID-19. This limited New York service will continue to provide critical connectivity for our customers, including transportation for any essential personnel and goods needed by the community and medical professionals battling the crisis.”
Ron Hammond, Sr. Director of Government Relations at the Blockchain Association, breaks down Trump’s plan to strengthen U.S. leadership in financial technology.
BiggerPockets Money podcast is now available on Cheddar Wednesdays at 10am ET! Mindy Jensen shares how her podcast is helping people gain financial freedom.
The social video platform's future remains in doubt, as players scramble to profit from the chaos. Plus: Big oil gets bigger, DOGE downsizes, and tariffs!
Ty Young, CEO of Ty J. Young Wealth Management, joins Cheddar to discuss Trump's moves as he returns to Washington D.C. and how it may affect the U.S. economy.
Starbucks’ decision to restrict its restrooms to paying customers has flushed out a wider problem: a patchwork of restroom use policies that varies by state and city. Starbucks announced last week a new code of conduct that says people need to make a purchase if they want to hang out or use the restroom. The coffee chain's policy change for bathroom privileges has left Americans confused and divided over who gets to go and when. The American Restroom Association, a public toilet advocacy group, was among the critics. Rules about restroom access in restaurants vary by state, city and county. The National Retail Federation says private businesses have a right to limit restroom use.
President Donald Trump is talking up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for the further development of the fast-evolving AI in Texas, according to the White House. The initial investment is expected to be $100 billion and could reach five times that sum. While Trump has seized on similar announcements to show that his presidency is boosting the economy, there were already expectations of a massive buildout of data centers and electricity plants needed for the development of AI.
Chris Ruder, Spikeball Founder and CEO, explains how he and his friends put roundnet on the global map, plus, how Spikeball helps people "find their circle."
J.W. Roth, CEO of Venu Holding Corporation, discusses the company's IPO and plans to redefine live music entertainment with their fan founded, fan-owned model.