News / Transatlantic capacity surge by US carriers drives air rates down further

© Philippilosian

Airfreight capacity on the north Atlantic is soaring as US mega-carriers aggressively increase international flying – but this is pushing down rates.

And investors are betting against lasting strength in the airline sector.

American Airlines is adding over 400 widebody flights a month to its network this summer, much on the transatlantic, for example, between its Charlotte gateway and Frankfurt/Paris and a new route between Seattle and London, all with B777s.

The carrier is also boosting frequencies on routes from Rome to New ...