To deal with the problems of rise in fuel prices as well as a dip in air travel due to a weak economy in the United States at present, the American Airlines (AA) on Wednesday 21 May announced that it plans to slash jobs, discard old planes and cut down domestic flying capacity by about 11 per cent to 12 per cent in the fourth quarter. The American Airlines is the world’s largest airlines owned by the AMR Corporation.

 

The AA also stated recently that $15 will charged to check the very first bag of all its passengers from mid-June onwards. This is the unparalleled move taken by a major US airline as it fiercely attempts to find a solution to the surmounting fuel costs. The airline has said that it will retire a total of 75 of its mainline and regional aging aircrafts. This will be the most substantial scaling back of services by the American Airlines since the occurrence of the 9/11 attack in US.