American Airlines CFO says some travelers are avoiding Newark airport
1. American Airlines faces modest booking issues due to Newark disruptions. 2. FAA cuts Newark flights amid traffic controller shortages and runway work. 3. AAL holds a 4% market share at Newark, significantly lower than United’s 70%. 4. Travelers are shifting to LaGuardia and JFK airports due to congestion. 5. Billions allocated for air traffic control system modernization may benefit airlines.