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Stock impact report

American Airlines extends Boeing 737 MAX cancellations through August 19 [Reuters]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: Reuters
American Airlines extends Boeing 737 MAX cancellations through August 19 - Reuters 2 Min Read CHICAGO (Reuters) - American Airlines Group Inc said on Sunday it is extending Boeing Co 737 MAX cancellations through Aug. 19, leading to about 115 daily canceled flights, or 1.5 percent of its daily summer flying schedule. In a letter to employees and customers, Chief Executive Doug Parker and President Robert Isom said they believe the 737 MAX will be recertified before Aug. 19, but they want to ensure reliability “for the peak travel season and provide confidence to our customers and team members when it comes to their travel plans.” Boeing’s 737 MAX aircraft was grounded worldwide in March following a fatal crash on Ethiopian Airlines that killed all 157 aboard, just five months after a similar crash on Lion Air that killed all 189 passengers and crew. American Airlines owns 24 MAX jets and is awaiting delivery of 16 more this year. Chicago-based Boeing has been developing a software upg Show less Read more
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