American Airlines’ CEO said ticket sales are starting to tick upwards again, despite complete uncertainty about when it will be safe to travel (AAL)
- American Airlines CEO Doug Parker said on Tuesday that the past week had seen a slight uptick in bookings for more than 90 days away, a possible glimmer of hope as the airline industry continues to be hammered by the coronavirus crisis.
- Parker also said that corporate customers had begun reaching out about travel for the fourth quarter, something that “certainly isn’t going on in the second and third quarter.”
- It remains unclear when travel will be able to resume, or when the pandemic can be contained enough to allow normal life to start to return.
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American Airlines CEO Doug Parker said that despite the scale of the coronavirus crisis for the airline industry, there’s reason to be optimistic that travel will bounce back when the disaster abates.
During an interview on CNBC’s Squawk Alley on Wednesday, Parker said that in recent days, the airline had seen an uptick in sales of tickets for travel more than 90 days in the future.
“I will say that just in the last week, we’ve started to see bookings outside of 90 days start to tick up a little bit again,” …continued .
[Source: Business Insider]