American Airlines May Scrub Boeing 737 MAX Orders [TheStreet.com]
American Airlines Group, Inc. (AAL)
Last american airlines group, inc. earnings: 4/30 07:30 am
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Source: TheStreet.com
American Airlines Group(AALGet ReportBAShares of American were climbing 4.2% to $11.62, while Boeing was rising 1% to $174.99.American Airlines has struggled to secure financing for 17 jets it had expected Boeing to deliver this year, according to The Wall Street Journal.The coronavirus pandemic has led to a sharp drop in air-travel demand and left global airlines fighting to survive, with many unable to afford planes they no longer need.Airlines will probably lose "an unprecedented $84 billion," Brian Pearce, chief economist for the International Air Transport Association, recently told CNBC.American said that as of July 1 ithad stopped restrictingThe airline said it would continue to notify customers and allow them to move to more open flights.Boeing said in May thatit had resumed productionLast month, Norwegian Air Shuttletold Boeing it would not be movingThe Federal Aviation Administrationrecently said it wouldNeither American Airlines nor Boeing immediately responded to a request
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AAL
Earnings
- 1/25/24 - Miss
AAL
Sec Filings
- 4/11/24 - Form PRE
- 3/12/24 - Form 8-K
- 3/5/24 - Form 8-K
- AAL's page on the SEC website