A strong summer-season demand environment has U.S. majors holding steady on capacity plans even as fuel continues to rise, with likely—and some say needed—reductions expected to come in time for the winter season. “I think you won’t see a lot of change in the summer schedule as we move forward, but everybody’s looking at the fall schedule,” American Airlines CFO Derek Kerr said at the Bank of America Merrill Lynch Transportation Conference May 15. ...

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