Headline Details

UPDATE 4-American to take $350 mln hit from 737 MAX, sees ungrounding this summer

Published on: Fri, 26 Apr 2019 14:20:57 UTC
News Agency: Reuters
Description:
American Airlines Group Inc cut its 2019 profit forecast on Friday, blaming an estimated $350 million hit from the grounding of Boeing's 737 MAX planes, but said it was confident that the jets would start flying again before mid-August.

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