The US government has handed American Airlines a $5.8 billion bailout to help pay staff salaries.
American Airlines had already announced its plans to retire the 757 and 767 jets (16 Boeing 767-300s and 34 Boeing 757-200s) in the coming months and years.
American Airlines announced on Friday it's planning on cutting year-on-year capacity by 70-80 per cent for domestic, and 80-90 per cent for international flights in May to address “record low customer demand”.
As the WHO and many state governments have issued "social distancing" guidelines, different airlines have taken different tacks to implement the concept.
Airlines for America, a trade body which represents Delta, United and American, has called on the United States government to provide an urgent bailout.
American Airlines shares plunged 9.2 per cent to a six-year low on Tuesday as coronavirus caused another painful day for airlines.
