The Boeing 737 Max 8 could be grounded into 2020. Several airlines that own or lease many of the planes will suffer more than others. American Airlines Group Inc. (NASDAQ: AAL | AAL Price Prediction) announced that the problem will cause it to cancel 115 flights a day through November 2.
In an announcement about the canceled flights, the airline said, “Not all flights that were previously scheduled on a MAX will be canceled, as we plan to substitute other aircraft types. In total, approximately 115 flights will be canceled per day.” Like other carriers, led by Southwest, it simply cannot put more planes into service fast enough.
This is not the first time American has had to announce cancellations or cuts in routes. The problem dates back to April.
The Federal Aviation Administration (FAA) and other airline regulators around the world will not clear the Boeing plane as safe to fly until it has solved at least one software problem. This problem ma
In an announcement about the canceled flights, the airline said, “Not all flights that were previously scheduled on a MAX will be canceled, as we plan to substitute other aircraft types. In total, approximately 115 flights will be canceled per day.” Like other carriers, led by Southwest, it simply cannot put more planes into service fast enough.
This is not the first time American has had to announce cancellations or cuts in routes. The problem dates back to April.
The Federal Aviation Administration (FAA) and other airline regulators around the world will not clear the Boeing plane as safe to fly until it has solved at least one software problem. This problem made the planes so hard to control in certain situations that it is believed to have caused the crash of a Lion Air flight that killed 189 people. The second was the crash of an Ethiopian Airlines flight that carried 157 people.
[nativounit]
Boeing Co. (NYSE: BA) has worked to fix the software problem, but the process has taken longer than the manufacturer expected. And tests of the plane may have uncovered more flaws.
American and other carriers face the trouble of eroding revenue. The 737 Max 8 has been critical to the passenger volume on a number of routes. American has 24 of the planes and no way to make enough substitutions.
[recirclink id=548048]
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In an announcement about the canceled flights, the airline said, “Not all flights that were previously scheduled on a MAX will be canceled, as we plan to substitute other aircraft types. In total, approximately 115 flights will be canceled per day.” Like other carriers, led by Southwest, it simply cannot put more planes into service fast enough.
This is not the first time American has had to announce cancellations or cuts in routes. The problem dates back to April.
The Federal Aviation Administration (FAA) and other airline regulators around the world will not clear the Boeing plane as safe to fly until it has solved at least one software problem. This problem made the planes so hard to control in certain situations that it is believed to have caused the crash of a Lion Air flight that killed 189 people. The second was the crash of an Ethiopian Airlines flight that carried 157 people.
[nativounit]
Boeing Co. (NYSE: BA) has worked to fix the software problem, but the process has taken longer than the manufacturer expected. And tests of the plane may have uncovered more flaws.
American and other carriers face the trouble of eroding revenue. The 737 Max 8 has been critical to the passenger volume on a number of routes. American has 24 of the planes and no way to make enough substitutions.
[recirclink id=548048]
[wallst_email_signup]
de the planes so hard to control in certain situations that it is believed to have caused the crash of a Lion Air flight that killed 189 people. The second was the crash of an Ethiopian Airlines flight that carried 157 people.
[nativounit]
Boeing Co. (NYSE: BA) has worked to fix the software problem, but the process has taken longer than the manufacturer expected. And tests of the plane may have uncovered more flaws.
American and other carriers face the trouble of eroding revenue. The 737 Max 8 has been critical to the passenger volume on a number of routes. American has 24 of the planes and no way to make enough substitutions.
[recirclink id=548048]
[wallst_email_signup]
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