Skip to content

American Airlines won't fly an Airbus A330 again for at least two years

May 06, 2020
3 min read
American Airlines Airbus A330
American Airlines won't fly an Airbus A330 again for at least two years
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.

American Airlines is acknowledging the fact that international travel will be slow to return after the coronavirus pandemic with the decision to park the rest of its Airbus A330 fleet.

The Fort Worth, Texas-based carrier will park its 15 A330-200s until at least 2022, American senior vice president of flight operations Kimball Stone told pilots in an internal message Wednesday that was viewed by TPG. The airline will close its only two A330 bases, in Charlotte (CLT) and Philadelphia (PHL), and re-train pilots certified on the type on other aircraft.

"Given the current depressed forecast for international demand and no opportunities to profitably use the fleet domestically, we have made the difficult decision to place all of our A330-200 aircraft in long-term storage," he said.

Get Coronavirus travel updates. Stay on top of industry impacts, flight cancellations, and more.

American, like all carriers, expects to emerge from the COVID-19 crisis smaller than when it went in. Analysts at Cowen estimate that the airline may need to shed as many as 283 mainline jets if it shrinks by 30%.

The carrier has already retired four mainline aircraft types — A330-300s, Boeing 757s and 767s, and Embraer E190s — for a total of 80 planes. The decision to park the A330-200s raises the overall number to 95 jets.

"The whole point of simplifying fleets is to drive the cost structure [down] to where it needs to be," American chief financial officer Derek Kerr said during the carrier's first-quarter earning call on April 30. He warned that the A330-200s, as well as 42 older Boeing 737-800s, could also be on the chopping block.

Related: American's Boeing 767s, 757s among 80 planes that won't fly again after the pandemic

Post-crisis, American's wide-body long-haul fleet will consist entirely of Boeing 777s and 787s — half as many aircraft families as before.

Daily Newsletter
Reward your inbox with the TPG Daily newsletter
Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts

Domestic travel is expected to resume before international travel once people feel safe flying again after the pandemic. This means airlines like American will need more of the narrow-body fleets — Airbus A321s and 737s for example — than wide-body fleets that fly long-haul routes over oceans.

American's capacity cuts into June show this trend. International capacity will be down roughly 80% while U.S. will only be down 70%.

Related: American has 'no plans' to close hubs when it shrinks post-coronavirus

The airline recently delayed the resumption of certain international routes by a month. Flights to South America that were due to come back in May are now restarting in June, with other flights also delayed a month.

"We all expect the recovery will be slow and demand for air travel will be suppressed for quite some time," said American CEO Doug Parker on April 30.

More: American Airlines' most premier domestic route is finally back

Featured image by NurPhoto via Getty Images

TPG featured card

Best for businesses with high spending
TPG Editor‘s Rating
4.5 / 5
Go to review

Rewards

2 - 10X miles

Intro offer

LIMITED-TIME OFFER: Earn up to 400K bonus miles

Annual Fee

$395

Recommended Credit

740-850
Excellent

Why We Chose It

The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)

Pros

  • The Capital One Venture X business card has a very lucrative welcome offer.
  • In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
  • Business owners are also able to add employee cards for free.

Cons

  • The card requires significant spending to earn the welcome offer.
  • Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
  • LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
  • Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
  • Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
  • With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
  • Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
  • Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
  • Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
  • Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
  • Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
  • This is a pay-in-full card, so your balance is due in full every month
Apply for Capital One Venture X Business
at Capital One's secure site
Terms & restrictions apply. See rates & fees
Best for businesses with high spending
TPG Editor‘s Rating
4.5 / 5
Go to review

Rewards Rate

2X miles2 miles per dollar on every purchase
5X miles5 miles per dollar on flights and vacation rentals booked through Capital One Business Travel
10X miles10 miles per dollar on hotels and rental cars booked through Capital One Business Travel
  • Intro Offer

    LIMITED-TIME OFFER: Earn up to 400K bonus miles
  • Annual Fee

    $395
  • Recommended Credit

    740-850
    Excellent

Why We Chose It

The Capital One Venture X Business Card has all the Capital One Venture X Rewards Credit Card has to offer and more. It offers an incredible welcome bonus and requires an equally impressive spend to qualify. In addition, the card comes with premium travel perks like annual travel credit. (Partner offer)

Pros

  • The Capital One Venture X business card has a very lucrative welcome offer.
  • In addition, the card comes with many premium travel perks such as an annual $300 credit for bookings through Capital One Business Travel.
  • Business owners are also able to add employee cards for free.

Cons

  • The card requires significant spending to earn the welcome offer.
  • Another drawback is that the annual travel credit can only be used on bookings made through Capital One Business Travel.
  • LIMITED-TIME OFFER: Earn up to 400K bonus miles: 200K miles when you spend $30K in the first 3 months, and an additional 200k miles when you spend $150k in the first 6 months
  • Earn unlimited 2X miles on every purchase, everywhere—with no limits or category restrictions
  • Earn 10X miles on hotels and rental cars and 5X miles on flights and vacation rentals booked through Capital One Business Travel
  • With no preset spending limit, enjoy big purchasing power that adapts so you can spend more and earn more rewards
  • Empower your teams to make business purchases while earning rewards on their transactions, with free employee and virtual cards. Plus, automatically sync your transaction data with your accounting software and pay your vendors with ease
  • Redeem your miles on flights, hotels and more. Plus, transfer your miles to any of the 15+ travel loyalty programs
  • Every year, you'll get 10,000 bonus miles after your account anniversary date. Plus, receive an annual $300 credit for bookings made through Capital One Business Travel
  • Receive up to a $120 credit for Global Entry or TSA PreCheck®. Enjoy access to 1,300+ airport lounges worldwide, including Capital One Lounge locations and Priority Pass™ lounges, after enrollment
  • Enjoy a $100 experience credit and other premium benefits with every hotel and vacation rental booked from the Premier Collection
  • This is a pay-in-full card, so your balance is due in full every month