Apr 9, 2019

Boeing 737 Max grounding hits American Airlines outlook

American Airlines has cut its sales outlook after being forced to cancel hundreds of flights involving the grounded Boeing 737 Max 8 aircraft. Since the Boeing 737 Max 8 was grounded in the US on 13 March, American Airlines has cut 1,200 flights and has extended cancellations through its second quarter to 30 June, which will affect about 90 flights a day. Boeing is working on a fix to the anti-stall system, known as MCAS, in 737 Max 8 planes which preliminary reports suggest caused both the Lion Air and the Ethiopian Airlines flights to repeatedly nosedive. American Airlines operates 24 of the 737 Max 8 planes and has an additional 76 jets on order from Boeing. Southwest Airlines is Boeing's largest customer for the 737 Max 8.

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