American Airlines, a subsidiary of
), announced its plans to expand its operations in the domestic
as well as international markets, starting this summer. The new
services will extend to San Diego, from the Miami hub, and
Mexico, from its Dallas/Fort Worth hub.
The new flights will start operating from Jun 12, 2013. There
will be as many as 25 flights daily from Miami to San Diego with
150 seats, undertaken with a Boeing 737-800 aircraft.
Services in Mexico will now include two new destinations:
Ignacio Pesqueira Garcia International Airport in Hermosillo
(HMO) and General Leobardo C. Ruiz International Airport in
Zacatecas (ZCL). Operated with the 44-seater ERJ-140 aircraft,
services between DFW and HMO will be offered once a day, while
there will be flights from DFW and ZCL three times a week.
Late last month, American Airlines filed an application with
the U.S. Department of Transportation seeking permission to start
new services between the U.S. and Brazil. Subsequent to the
approval of the same, American has plans to start flights from
Los Angeles and Sao Paulo and Chicago O'Hare and Sao Paulo in
late 2013 and in 2014.
Last month, another airline,
United Continental Holdings Inc.
), also made public its plans to start new services from its
Denver hub to Dickinson, N.D., with effect from Jun 6, 2013. It
is believed that new flights will expand the company's network
capabilities as well as tap significant market opportunities.
AMR Corporation currently bears a Zacks Rank #1 (Strong Buy).
Other stocks worth a look in the airline industry are
Republic Airways Holdings Inc.
Ryanair Holdings Plc.
); both holding a Zacks Rank #1 (Strong Buy).
(AMR): Get Free Report
REPUBLIC AIRWAY (RJET): Free Stock Analysis
RYANAIR HLDGS (RYAAY): Free Stock Analysis
UNITED CONT HLD (UAL): Free Stock Analysis
To read this article on Zacks.com click here.