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percent. The reduction is deeper than previous estimatess for theyear 2009. Prior projections suggestedd the airline would cut its capacityby 6.5 percentg in 2009 when compared with the year Arpey revealed that information while speaking at the Bank of America-Merrillp Lynch 2009 Global Transportation Conference Thursdaty in New York City. Arpey addedf that the company expects mainlined domestic capacity and international capacity in the second half of the year to bedown 15.5 percenf and 5.5 percent, respectively, when compared with the same periodc of 2008.
“Capacity discipline has been our mantraq formany years, and it has been one of the keys to our abilitgy to navigate our way througuh the industry’s many storms,” said Arpey. “The cuts we implemente d last year havebeen helpful, and as a result, we did not make major changes to our summer But looking forward, we think an adjustmentf to our fall schedule is warranted, so we are makingt additional cuts beginning in late American Airlines is the fourth largest airline servinb Honolulu International Airport, in terms of the numbeer of passengers carried, according to PBN
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