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Stock impact report

American Airlines extends Boeing 737 MAX cancellations for fourth time [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 for fourth time - Reuters 3 Min Read (Reuters) - American Airlines Group Inc ( AAL.O ) said on Sunday it is extending for a fourth time cancellations of about 115 daily flights into early November due to the ongoing grounding of the Boeing Co ( BA.N ) 737 MAX jets. The airline’s decision was expected after the Federal Aviation Administration, which must reapprove the jets for flight following two fatal crashes, last month uncovered a new flaw that Boeing estimates will take until at least September to fix. “American Airlines remains confident that impending software updates to the Boeing 737 MAX, along with the new training elements Boeing is developing in coordination with our union partners, will lead to recertification of the aircraft this year,” the airline said in a statement on Sunday. American, the world’s largest airline and the second largest MAX operator in the United States, most recently had planned to keep the MAX Show less Read more
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