Our March operating income dropped nearly 50% yr-over-year and naturally our ancillary and other revenues dropped off dramatically as well. So as demand collapsed and cancellations grew, we do -- you would count on, we started to cut back our flights for the back half of March, we ended up canceling 34% of roughly 3,800 day by day flights and for a full month of March our capability declined 17% year-over-year. And, as you'd expect, we're also experiencing lower companion income from Chase, the bank card portfolio as we've seen lowered spending and lower acquisitions, none of which is a surprise in this surroundings. It has less gasoline burn, it's obtained lower engine and maintenance cost and there is not a lot to replace on the MAX and so January earnings name. Based on Boeing's newest replace on the MAX return to service and given the maintenance and the pilot coaching necessities, it's going to take a minimum of a few months earlier than those aircraft are able to fly income service.
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As I've said earlier than, I dwell the place Waitr is the massive food delivery service and i consider this service is a approach the world is shifting. Learn about Robot Pets, Rescue Robots, Robotic Prosthetics, Caregiver & Personal Robots, Walking & Operating Robots, New Pizza Supply Robot, Flying Drone Supply and discover reader opinions! We've about 250 NGs in brief-time period parking applications that rotate in and out of act to flying. When it is time to deliver the aircraft again into publish flying schedules, our most price effective aircraft to fly is the MAX. So for those aircraft in long-term storage it should take a minimal of three or 4 days of time and probably more to bring every of these aircraft current with respect to their upkeep applications before they can be reintroduced into the active fleet. So I wish to thank all of our workers, especially all of our frontline workers who're out in the airports, our ground operations people at our maintenance hangers and our name centers and our NOC or network operation middle and of course a particular because of our flight attendants and pilots that are on the planes on daily basis taking care of our customers.
The extra NG aircraft have been selected based mostly on their age and the proximity to an upcoming significant heavy upkeep requirement. We're actively managing our daily operational activity to take care of our customers at our lowest value profile and we've 390 aircraft in some type of a storage or parking program to reduce costs, and we've an awesome associate in Boeing really to handle our fleet plans in this time of uncertainty. The really -- the only drawback is that those cancellations in the near time period they depend in opposition to the printed DOT on time arrival statistics, but that hasn't really involved me given the cash savings. So the objective there's to attenuate our cash burn additional and that comes in the form of a reduction in fuel and landing charges and the engine flight costs. Most significantly there are numerous driving colleges that costs big sum of money but they never give away the best providers and knowledge abilities concerning the driving.
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So, nice performance there. And truly the truth that the on-time efficiency on the flights that we do operate they're averaging in the mid to higher 90s each day. Actually these individuals haven't got "it" - the concept of a number of streams of earnings, I mean and they're still ready for a go to from the Internet Cash Fairy. Good morning, all people. So I additionally want to start by -- you bought to acknowledge our workforce our individuals. However I simply want to say thanks for all you're doing. Yes. I need one of the best bang for my buck. Are you venturing out of your property a bit of more? So wrapping up, we have supplied our workers voluntary extended leaves to be residence with their families if wanted by August and many of our operations employees are taking benefit of those packages and they're serving to the company out in an enormous, large manner. He has 53 groups throughout the corporate working together on a daily basis to handle the crisis. Palmetto State Armory is alleged to be working on a a lot more affordable MP5 clone referred to as the PSA5. By all accounts, the primary quarter started off as Gary and Mike type of indicated already, it began off very a lot as we anticipated.
We had very solid hundreds in our January and February and March bookings in RASM as well as capability was very much in line with our expectations. And we now have the flexibility to look out 4 plus days with respect to bookings and demand, and we will easily reaccommodate customers while simultaneously reducing our flight exercise further. Now at that point as Gary mentioned, our bookings have been still holding up relatively nicely. He has a nicely rounded offensive recreation, to go along with all of those, he can also be a weapon within the decide and roll recreation and reveals nice contact around the rim on runners and floaters. In addition to that, each month, every aircraft forsees an extra application of the disinfectant by the use of an electrostatic mister and in addition to an software of an anti-microbials missed and that covers all of the surface of the aircraft. We all the time speak about our Speedy Rewards program and it was also doing very, very properly. In 1913, the IRT, the Brooklyn Fast Transit, and town agreed to the Twin System of Rapid Transit to increase town's transportation. A typical home system will generate as much as 1kW of electricity as soon as warmed up: the quantity of electricity generated over a 12 months depends on how lengthy the system is able to run.