Business

American Airlines Debuts New Jet Aimed for Long Flights

Published

11 years ago

May 8, 2015

An American Airlines Boeing 787 Dreamliner takes off for Chicago O’Hare International Airport on its debut flight, Thursday, May 7, 2015 at Dallas-Fort Worth International Airport in Grapevine, Texas. American joins United as the only U.S. airlines using the plane, which American hopes will appeal to passengers and open new, profitable international routes. (Ron Jenkins/The Fort Worth Star-Telegram via AP)

DAVID KOENIG, AP Airlines Writer

FORT WORTH, Texas (AP) — After years of delay, the world’s biggest airline is finally using one of the newest passenger jets.

American Airlines began flying the Boeing 787 between Dallas and Chicago on Thursday — a warm-up for the jet’s real role on long international flights. By August, American will be flying 787s from the U.S. to Beijing, Buenos Aires, Shanghai and Tokyo. More routes are in the works, company officials say.

The plane, which Boeing calls the Dreamliner, is starting to live up to its promise of giving more travelers the chance to fly nonstop to distant places. Among the new Dreamliner routes:

— Austin, Texas, to London on British Airways.

— Boston to Tokyo on Japan Airlines.

— Denver to Tokyo on United Airlines.

— San Francisco to Chengdu, China, also on United.

Before, those trips likely would have required a connecting flight.

“For the passenger, it means one less stop and a lot of hours in time savings,” said Scott Hamilton, an aviation analyst at Leeham Cos. Boeing said airlines around the world have added about 50 routes that didn’t exist before the 787.

The 787 is made with lots of lightweight carbon material and other advances to improve fuel efficiency by up to 20 percent. That cuts costs.

And since the Dreamliner has fewer seats than jumbo jets, airlines feel less pressure to slash fares to fill them up. That boosts revenue per passenger.

“The economics are so much better than with the (Boeing) 777-200,” Hamilton said, referring to a plane that American uses on many international flights.

American will use the 787 on U.S.-to-Asia routes that it launched using bigger, less efficient planes.

Doug Parker, the CEO of American Airlines Group Inc., said it would be an overstatement to say that his airline would have ignored destinations like Beijing without the Dreamliner — they are strategic, important markets, he said.

“But the aircraft makes them much more viable and makes expansion into other routes much more likely,” Parker said.

Before Thursday, United Airlines was the only U.S. carrier with Dreamliners. Delta Air Lines has ordered some but isn’t scheduled to get them until 2020.

Boeing has delivered more than 250 Dreamliners and has more than 800 orders on backlog. A competitor is on the way — Airbus has taken 780 orders for the A350 but only two are in commercial service.

Design problems, labor strikes and other issues delayed the Dreamliner’s debut. Then there were the overheating batteries that caused regulators to ground the worldwide fleet in 2013 until Boeing came up with a fix. Just last week, U.S. officials directed airlines to shut down the planes’ electrical systems every few months to prevent a total loss of power. And Boeing’s accumulated costs to build the plane have ballooned to $27 billion.

“Boeing underestimated how complicated all the improvements would be,” said Adam Pilarski, an aviation analyst with Avitas. But now, he said, there are enough Dreamliners flying to assure airlines that the fuel savings are real.

The late-2014 collapse in oil prices reduced the savings from more efficient planes. But still, Pilarski expects that the Dreamliner will remain in demand, for now.

“It’s a modern product,” he said. “In a few years, we’ll want the next new plane.”

___

David Koenig can be reached at http://twitter.com/airlinewriter

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Financial Wellness and Mental Health: Managing Money Stress in College 

While everyone’s financial situation is unique, several common sources of stress have the potential to strain your financial health. These include financial and economic uncertainty, existing debts, unexpected expenses, and mental or physical health changes. Financial stress may differ from situation to situation, but understanding the factors contributing to yours may help you begin to craft a plan for your unique circumstances.

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3 weeks ago

March 17, 2026

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As a college student, managing financial responsibilities can be stressful.

If you’ve found yourself staying up late thinking about your finances or just feeling anxious overall about your financial future, you’re not alone. In one survey, 78% of college students who reported financial stress had negative impacts on their mental health, and 59% considered dropping out. While finances can impact overall stress, taking steps to manage your finances can support your mental, emotional and physical well-being.

When it comes to money, the sources of stress may look different for each student, but identifying the underlying causes and setting goals accordingly may help you feel more confident about your financial future.

Consider these strategies to help improve your financial wellness and reduce stress.

Understand what causes financial stress

2. Determine your financial priorities

Start by reflecting on your financial priorities. For students this often includes paying for school or paying off student loans, studying abroad, saving for spring break, building an emergency fund, paying down credit card debt or buying a car. Name the milestones that are most important to you, and plan accordingly.

3. Create a plan and stick to it

While setting actionable goals starts you on the journey to better financial health, it’s essential to craft a plan to follow through. Identifying and committing to a savings plan may give you a greater sense of control over your finances, which may help reduce your stress. Creating and sticking to a budget allows you to better track where your money is going so you may spend less and save more.

4. Pay down debt

Many students have some form of debt and want to make progress toward reducing their debt obligations. One option is the debt avalanche method, which focuses on paying off your debt with the highest interest rate first, then moving on to the debt with the next-highest interest rate. Another is the debt snowball method, which builds momentum by paying off your smallest debt balance, and then working your way up to the largest amounts.

5. Build your financial resilience

Some financial stress may be inevitable, but building financial resilience may allow you to overcome obstacles more easily. The more you learn about managing your money, for instance, the more prepared you’ll feel if the unexpected happens. Growing your emergency savings also may increase resilience since you’ll be more financially prepared to cover unexpected expenses or pay your living expenses.

6. Seek help and support

Many colleges have resources to help students experiencing financial stress, like financial literacy courses or funds that provide some assistance for students in need. Talk to your admissions counselor or advisor about your concerns, and they can direct you to sources of support. Your school’s counseling center can also be a great resource for mental health assistance if you’re struggling with financial stress.

The bottom line

Financial stress can affect college students’ health and wellbeing, but it doesn’t have to derail your dreams. Setting smart financial goals and developing simple plans to achieve them may help ease your stress. Revisit and adjust your plan as needed to ensure it continues to work for you, and seek additional support on campus as needed to help keep you on track.

 JPMorgan Chase Bank, N.A. Member FDIC