🍎 🍕 Less apples, more pizza 🤔 Have you seen Buffett’s portfolio recently?Explore for Free

American Airlines extends Boeing 737 MAX flight cancellations into June

Published 01/14/2020, 11:53 AM
© Reuters. Boeing Co's logo is seen above the front doors of its largest jetliner factory in Everett
BA
-
LUV
-
UAL
-
AAL
-

WASHINGTON (Reuters) - American Airlines Group Inc (O:AAL) will extend cancellations of Boeing Co (N:BA) 737 MAX flights through June 3 as the grounding threatens to impact a second busy U.S. summer travel season.

American, the largest U.S. airline, announced last month it was canceling about 140 flights a day through April 6.

Once the Federal Aviation Administration (FAA) gives 737 MAX approval to return to service, American will need at least 30 days to prepare the jets and its pilots for commercial flights, airline and union officials have said.

Boeing 737 MAXs have been grounded worldwide since March 2019 following an Ethiopian Airlines Co crash, the second of two fatal crashes in five months that killed 346 people.

Reuters has reported the FAA will not approve the return of the MAX until February and it could slip until March or later. Last week, Boeing said it would recommend requiring all pilots to undergo simulator training before resuming flights, which may also push back the resumption of commercial flights.

Last month, United Airlines Holdings Inc (O:UAL) extended cancellations of its MAX flights from March until June 4.

Without the 737 MAX, United said it was cancelling about 56 flights a day in January and February, which tend to be slower travel months, with daily cancellations rising to 80 in March and April and 108 in May and the early part of June.

Southwest Airlines Co (N:LUV), the largest operator of MAX airplanes worldwide, said in December it was removing roughly 300 weekday flights from its total peak-day schedule of more than 4,000 daily flights through April 13, nearly double the amount it had canceled through March 6.

© Reuters. Boeing Co's logo is seen above the front doors of its largest jetliner factory in Everett

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.