AMERICAN AIRLINES GROUP INC.

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China calls U.S. flight suspensions 'very unreasonable'

01/21/2022 | 05:43pm EDT

WASHINGTON (Reuters) - The Chinese government on Friday called the Biden administration's decision to suspend 44 flights by Chinese carriers to the United States "very unreasonable."

The U.S. Transportation Department said the flights were being suspended in response to China's decision to suspend 44 flights from United Airlines, Delta Air Lines and American Airlines in recent weeks.

Liu Pengyu, a spokesman for the Chinese Embassy in Washington said the policy of barring some flights after positive COVID-19 cases are discovered "has been applied equally to Chinese and foreign airlines in a fair, open and transparent way."

"It is very unreasonable for the U.S. to suspend Chinese airlines' flights on this ground. We urge the U.S. side to stop disrupting and restricting the normal passenger flights operated by Chinese airlines."

(Reporting by David Shepardson; Editing by Chris Reese)


© Reuters 2022
Stocks mentioned in the article
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AMERICAN AIRLINES GROUP INC. 6.88% 17.24 Delayed Quote.-4.01%
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Financials (USD)
Sales 2022 46 116 M - -
Net income 2022 -1 314 M - -
Net Debt 2022 30 534 M - -
P/E ratio 2022 -9,04x
Yield 2022 -
Capitalization 11 198 M 11 198 M -
EV / Sales 2022 0,90x
EV / Sales 2023 0,82x
Nbr of Employees 127 000
Free-Float 99,0%
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Mean consensus HOLD
Number of Analysts 22
Last Close Price 17,24 $
Average target price 19,58 $
Spread / Average Target 13,5%
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Managers and Directors
Robert D. Isom Chief Executive Officer & Director
Derek J. Kerr Executive VP, Chief Financial & Accounting Officer
William Douglas Parker Chairman
Maya Leibman Chief Information Officer & Executive VP
David G. Seymour Chief Operating Officer & Senior Vice President