American Airlines Group Inc. /zigman2/quotes/209207041/composite AAL +1.80% said Friday that it will suspend 60% of its international capacity for the "peak" summer travel season compared with a year ago, in response to "record low customer demand" resulting from the COVID-19 pandemic. The stock rose 2.1% in premarket trading, after plummeting 35.8% over the past five sessions. The suspensions include an 80% reduction in Pacific capacity, a 65% cut in Atlantic capacity and a 48% reduction in Latin America capacity. The air carrier said it was also suspending 25 summer seasonal flight until 2021 and delaying the launch of new routes. The stock has tumbled 63.6% over the past three months through Thursday, while the U.S. Global Jets ETF /zigman2/quotes/207744796/composite JETS +2.98% has dropped 59.4% and the S&P 500 /zigman2/quotes/210599714/realtime SPX +0.42% has lost 21.9%.