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Stock impact report

American Airlines was 'unaware' of some Boeing 737 MAX functions [MSN Money]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: MSN Money
© ASSOCIATED PRESS   American Airlines Group Inc said on Wednesday it was unaware of some functions of an anti-stall system on Boeing Co's 737 MAX until last week. Load Error Boeing and the U.S. Federal Aviation Administration (FAA) issued guidance on the system last week after a Lion Air jet crashed in Indonesia on Oct. 29, killing all 189 people on board. The FAA warned airlines last week that erroneous inputs from the system's sensors could lead the jet to automatically pitch its nose down even when autopilot is turned off, making it difficult for pilots to control. The system was designed to prevent the jet from stalling, according to information provided by Boeing to airlines. We value our partnership with Boeing, but were unaware of some of the functionality of the Maneuvering Characteristics Augmentation System (MCAS) installed on the MAX 8, an American Airlines spokesman said. We must ensure that our pilots are fully trained on procedures and under Show less Read more
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