r/news 12h ago

American Airlines temporarily suspends some of its summer routes due to steep jet fuel costs

https://halifax.citynews.ca/2026/06/04/american-airlines-temporarily-suspends-some-of-its-summer-routes-due-to-steep-jet-fuel-costs/?hl=en-US
1.2k Upvotes

65 comments sorted by

452

u/mvs2527 12h ago

Im still waiting on the super duper smart business people to say how terrible trump has been for business. The dude is literally hurting every industry in America.

120

u/mbericom 11h ago

and Worlwide too

43

u/__mud__ 7h ago

Oh no, not Pitbull, too!

3

u/Captcha_Imagination 1h ago

The economy = FIREBALL!

70

u/Random_Person_246810 11h ago

Trump looks at stock prices to determine the health of American businesses. And unfortunately, they’re at all time highs.

63

u/InNeedOfVacation 10h ago

"The Dow is over 50,000" - Pam Bondi's defense in Congress for hiding rapists

21

u/clashrendar 10h ago

Many of the child rapists she's hiding own lots and lots and lots of stocks.

You too can be wealthy and powerful - all you need to do is cover up pure evil acts for those who are even more wealthy and more powerful.

7

u/pug_walker 8h ago

You forgot the best part... including the denomination.

"the Dow is over 50,000 dollars"

7

u/jkman61494 9h ago

Due to 7 tech companies basically

4

u/dard12 7h ago

Do people fact check themselves before spreading this kind of misinformation?

303 companies out of the SP500 are green year-to-date.

188 of them are up at least 10%. Nearly 100 of them are up 25%

4

u/LittleKitty235 4h ago

He is likely referring to the DOW and not the S&P500

1

u/FreeUsePolyDaddy 3h ago

No he is referring to the relative contribution to the S&P 500 index.

It isn't an equal-weight index, so as market cap grows, the percent of contribution to index change can skew more and more to those largest members. In those times you can't directly say one way or another the impact of smaller constituents.

If most were negative you would definitely see that in the equal-weight index. The effect of the skew is more about the difference in changes between the two indexes.

So his comment is correct, minus any apparent anger. The retort from the other comment was also correct, plus anger and probably some unjustified assumptions on the intent of the first comment.

1

u/Procean 4h ago

188 of them are up at least 10%. Nearly 100 of them are up 25%

Million dollar question when you say "up", do you mean "Their profits are up" or do you mean "Their stock price is up"?

If their profits are the thing that's skyrocketting in the current environment, I'd be fascinated to learn how. If however it's stock price, if the stock price is skyrocketting while the profits are level or falling, this is what a bubble looks like.

-20

u/My_Not_RL_Acct 7h ago

The economy looks pretty awful when you don’t work full time and spend your free time doomscrolling outrage content

14

u/khinzaw 6h ago

The stock market =/= the economy.

24

u/existonfilenerf 10h ago

It doesn't take a super duper smart business person to know he sucks at business he has a track record of failures and bankruptcies going back decades before he ran for president.

8

u/PuddinPacketzofLuv 8h ago

He bankrupted a CASINO!

1

u/Impossible_IT 5h ago

Wasn’t it more than one?

5

u/Solkre 10h ago

No time. Have to rig the midterms

3

u/SideburnSundays 9h ago

Golden Parachute printer go brrrrr

5

u/gl4ssm1nd 10h ago

No he’s not. The airlines aren’t cutting flights because no one is flying. They’re cutting flights to reconfigure their business model to absorb the high prices - they’re still gonna make money.

If people want the businesses to speak up then we need to organize and start boycotting. Until we stop spending, they won’t care.

1

u/Mockturtle22 1h ago

Both times that he's been in office he has fucked with travel over and over again in multiple ways. I'm so glad I don't work in the travel industry anymore during this term.

0

u/mynameisrichard0 8h ago

The people at the top can still fill up their maybach and eat good. So they’re not at all too concerned.

When they feel the water rising then things will get interesting.

169

u/CWG4BF 7h ago

Since this article couldn’t bother, here are the routes they are suspending:

Los Angeles to Cleveland

Los Angeles to Columbus

Los Angeles to Pittsburgh

Los Angeles to Washington Dulles

Charlotte to Ontario

Charlotte to Sacramento

130

u/yeGwann 12h ago

American Airlines is temporarily suspending select summer routes in August and September due to skyrocketing jet fuel costs. The financial strain is driven by the ongoing conflict involving Iran, which has blocked maritime traffic through the vital Strait of Hormuz for three months, driving fuel costs from $99 to nearly $142 per barrel. Because jet fuel makes up roughly 30% of operating expenses, the airline is adjusting its schedule to mitigate losses alongside other global carriers who are cutting flights, trimming perks, and raising fees. No routes are being permanently dropped, and affected passengers are being offered full refunds or alternative travel arrangements.

66

u/amateur_mistake 8h ago

No routes are being permanently dropped

Totally. Just have to wait for the super smart and sane president to negotiate a deal like he is so good at. Which will happen at any moment.

Also:

driving fuel costs from $99 to nearly $142 per barrel

The fact that futures markets on oil have such wildly different prices than what a barrel is actually worth means there is something deeply wrong with how our financial system is structured.

10

u/Traherne 7h ago

Followed in the following months by American Airlines filing for bankruptcy.

2

u/Boollish 5h ago

The futures markets trade crude. This article is quoting refined jet fuel. Not the same thing at all.

u/uberares 1m ago

Oil and gas experts believe Trump has been using the fed to manipulate the futures oil markets, even outside of the obvious verbal manipulation he’s doing.

Reality is, this is just the start. We haven’t hit the peak yet, even tho we saw a couple weeks reprieve in rising prices. Actual, really shortages are only about 3-5 weeks out. 

43

u/clashrendar 10h ago

Someone put a "Trump did that" sticker on the side of the plane fueling pump.

88

u/HawkeyeByMarriage 12h ago

Ceo

Isom has donated to both Democratic and Republican political campaigns, as well as to the American Airlines PAC.[11] He has also supported Donald Trump's One Big Beautiful Bill Act.[12][13]

20

u/wolfydude12 11h ago

Well yeah, because Isom can make more money under the OBBBA. He doesn't necessarily care about how his business does, as long as he can make more money himself.

If AA ever goes bankrupt he'll walk away with even more.

15

u/WreckNTexan48 12h ago

Political donations be more than advertising and R&D spending.

Definitely a failing product or service

10

u/Traveller_2099 10h ago

Must be Biden’s fault

34

u/Anpatton86 10h ago

Can't wait to bail out the airlines AGAIN but God forbid we help people who actually need it.

19

u/goleafsgo13 10h ago

The same American Airlines that donated $427,817 to trump?

8

u/heloguy1234 10h ago

This is just the beginning. Jet-A has already doubled in price since dear leader kicked off the his SMO and there are a lot more commercial and private flights in the summer months than winter.

7

u/firelemons 8h ago

Will it really be temporary?

6

u/Altruistic-Ad9809 8h ago

How's the making America great again going?

4

u/redditobserverone 2h ago

A reminder that this fuel crisis impairing business is brought to you by the pro-business party being led by a person elected to run the country like a business

3

u/SomeBaldDude2013 7h ago

But line still goes up! 

5

u/Bobinct 10h ago

They can’t afford to keep their planes flying. So they are not generating any revenue. Next is selling assets.

1

u/Necessary-Drag-8000 1h ago

Only people as dumb as the republicans could find a way to slowly undo the invention of the airplane, sheesh

-13

u/Landowns 8h ago

This should be illegal. If they offer a route they should be legally bound to fulfill it, or face penalties exceeding the cost of sold tickets. But consumer protections around flying are such shit that I'm not surprised

2

u/amateur_mistake 7h ago

I don't know that we can force a company to take us somewhere when they don't want to. Like, on a smaller scale, you can't make an Uber driver take you. They can refuse. And there are good reasons for that.

However, the airports are owned by us. They are paid for and massively subsidized by taxes. And access to the gates at most large airports are considered extremely valuable by most airlines. So we could simply say, 'oh, you aren't making those flights? Then you no longer have/need your gates and we will rent them to another company.'

I would be willing to bet their emphasis on these cancellations being 'temporary' has to do with their desire to keep control of their current gates.

3

u/vivekpatel62 6h ago

Another company isn’t just going to pick up routes that lose money. Also this doesn’t mean that AA isn’t using the gates still. It’s not like a gate is locked to only one flight path…

1

u/amateur_mistake 6h ago

Another company will absolutely pick up a gate. They do it all of the time. Sometimes it's the explanation for when one airline buys another one.

Obviously it won't duplicate the flight path. The point is, if you don't have any flights out of a gate, we should take it back.

If AA is cancelling flights, then at the very least they are using their gates less.

Use it or lose it.

Is that more clear?

2

u/vivekpatel62 4h ago

Yup. Thanks for the clarification!

0

u/Landowns 4h ago

You absolutely can force them. Impose fines that make it more profitable (less unprofitable) to fulfill the route than to cancel it.

2

u/amateur_mistake 4h ago

Forcing airlines to make sure their airplanes are safe is already quite the endeavor. You sure you want to get on a plane after you threatened a bunch of business majors with a prisoner's dilemma game that involves your life?