American Airlines CFO says some travelers are avoiding Newark airport

American Airlines CFO says some travelers are avoiding Newark airport


The FAA Air Traffic Control tower at Newark Liberty International Airport in Newark, New Jersey on May 7, 2025.

Kena Betancur | AFP | Getty Images

American Airlines chief financial officer said Thursday that some travelers are avoiding Newark Liberty International Airport for other options in the area after a spate of recent disruptions, but cautioned that the impact is “modest.”

“There probably is some amount of book-away from Newark flights over into LaGuardia, JFK, maybe Philadelphia to a lesser extent,” CFO Devon May said at the Wolfe Research conference.

The Federal Aviation Administration this week ordered airlines to temporarily cut flights at Newark to relieve congestion there as carriers grapple with a shortage of air traffic controllers, equipment outages and runway construction at the New Jersey airport. Bad weather has also added to disruptions in recent weeks.

Why the U.S. doesn't have enough air traffic controllers

American has a roughly 4% market share at Newark, according to the most recent data from the Port Authority of New York and New Jersey, which operates the airport along with LaGuardia Airport and John F. Kennedy International Airport, both in Queens, New York.

“There’s something happening there, but I think it’s relatively modest when you think of the broader network,” American’s May said.

United Airlines dwarfs all other airlines at Newark with its nearly 70% share. That carrier had proactively announced cuts of 35 flights a day earlier this month to put more slack in the system.

Read more CNBC airline news

Earlier this month, Transportation Secretary Sean Duffy said the U.S. will spend billions to overhaul the aging U.S. air traffic control system.

President Donald Trump’s tax bill, which passed the House early Thursday includes $12.5 billion for air traffic control modernization and staffing. 

Don’t miss these insights from CNBC PRO



Source

High Noon recalls some 12-packs, saying they may contain Celsius energy drink cans filled with vodka seltzer
Business

High Noon recalls some 12-packs, saying they may contain Celsius energy drink cans filled with vodka seltzer

High Noon vodka seltzer and Celsius energy drinks. Kevin Carter | David Paul Morris | Bloomberg | Getty Images High Noon has issued a nationwide recall of one of its popular vodka seltzer drinks, saying some packages may contain Celsius energy drink cans filled with the alcoholic beverage. The cans, labeled as Celsius Astro Vibe […]

Read More
Apartment rents drop in July as vacancies move to multiyear high
Business

Apartment rents drop in July as vacancies move to multiyear high

A sign on the side of a building in Hell’s Kitchen, New York City, advertising an apartment is available for rent through a real estate broker.  Deb Cohn-Orbach | UCG | Universal Images Group | Getty Images The massive surge of new apartment supply in the last few years is still being absorbed, and that […]

Read More
Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects
Business

Ford Motor is set to report earnings after the bell. Here’s what Wall Street expects

The Ford display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC Ford Motor is set to report its second-quarter earnings after the markets close Wednesday as investors watch for any changes to its full-year guidance, which the automaker suspended in May due to President Donald Trump’s […]

Read More