American Airlines 'cannot' forecast costs of 737 MAX groundings, citing uncertainties [MarketWatch]
American Airlines Group, Inc. (AAL)
Last american airlines group, inc. earnings: 4/30 07:30 am
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Source: MarketWatch
American Airlines 'cannot' forecast costs of 737 MAX groundings, citing uncertainties American Airlines Group Inc. AAL, +1.59% disclosed Wednesday that financial costs related to the groundings of its 737 MAX jets, made by Boeing Co. BA, -0.12% "cannot be forecasted at this time," as it remains dependent on a number of still-unknown factors. The stock rose 1.5% in premarket trade, as shares of rival United Continental Holdings Inc. UAL, +5.00% rallied 2.9% after the carrier reported late Tuesday fiscal fourth-quarter earnings and revenue that beat expectations . The airline operator said the factors include the period of time the aircraft are unavailable and the circumstances surrounding the reintroduction of the jets once the grounding is lifted. The company announced earlier this week flight cancellations through Aug. 19, assuming its MAX 8 fleet would not be available through then. American said it its fleet currently includes 24 MAX 8 aircraft, with an additional 76 aircr
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AAL
News
- American Airlines forecasts second-quarter profit largely above estimates [Reuters]Reuters
- American Airlines Reports First-Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- American Airlines forecasts second-quarter profit largely above estimates [Yahoo! Finance]Yahoo! Finance
- American Airlines Reports First-Quarter 2024 Financial ResultsGlobeNewswire
- American Airlines makes move to speed up passenger check-in lines [TheStreet.com]TheStreet.com
AAL
Earnings
- 4/25/24 - Miss
AAL
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/11/24 - Form PRE
- AAL's page on the SEC website