Following a report in The Wall Street Journal that the carrier planned to reduce the number of overseas flights next summer due to production issues with Boeing's 787 Dreamliners, American Airlines stock fell 1.3% on Thursday.
Edinburgh, Shannon, Hong Kong, Shanghai, Beijing, and Sydney are among the routes that are likely to be affected by the decision. Seasonal flights to Prague and Dubrovnik, Croatia, have been canceled, and the introduction of other routes, such as Seattle to Bengaluru, has been delayed. Next month, a flight to India's Silicon Valley was scheduled to take off.
Deliveries are likely to start by April 1, 2022, at the earliest, according to a report, which is later than projected.
Boeing paused Dreamliner deliveries in October of last year and has been working with regulators to schedule inspections so that the planes can be delivered to customers.
In October, the company stated that their 787 production rate was around two planes per month. It said it anticipated to keep going at that pace until supplies started, then slow down to five each month over time.