Sunday, April 28, 2019

American Airlines cuts profit forecast as 737 MAX woes bite

American Airlines cuts profit forecast as 737 MAX woes biteAmerican Airlines slashed its profit forecast Friday largely due to the crisis around the Boeing 737 MAX, a somewhat more profound hit to operations and customer bookings than at other carriers affected by the jet's grounding. "That's not just our passengers," said American Airlines President Robert Isom. American's hit from the MAX crisis came as the aviation industry watches for Boeing to clear several key hurdles with the US Federal Aviation Administration and other global regulators to allow the planes to resume service.




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Boeing workers to vote on new wage deal that could end strike

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