American Airlines Group Inc said on Monday it had reached a confidential agreeme...
) to address damages the airline incurred in 2019 due to the ongoing grounding of its fleet of Boeing 737 MAX aircraft.
American, the largest U.S. airline, said the compensation will be received over several years. The airline will use more than $30 million of the compensation for the airline’s 2019 employee profit-sharing program. American said it does not expect any material financial impact of the agreement to be realized in its fourth-quarter 2019 earnings and it will continue talks regarding compensation for damages related to the MAX grounding beyond 2019.Boeing’s best-selling 737 MAX has been grounded since two fatal crashes in five months killed 346 people. The company is halting production this month. A number of airlines have struck confidential settlements with Boeing in recent weeks.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
American Airlines reaches deal with Boeing over 737 Max grounding, will share $30 million with employeesAmerican Airlines didn't disclose the terms of the agreement but said it would share a portion with employees.
Baca lebih lajut »
Aeromexico reaches compensation deal with Boeing over MAX crisisBoeing is reportedly considering plans to raise as much as $5 billion in debt to bolster its finances amid rising costs after the grounding of its 737 MAX jet
Baca lebih lajut »
Boeing, FAA reviewing wiring issue on grounded 737 MAXBoeing Co and the Federal Aviation Administration (FAA) confirmed on Sunday they...
Baca lebih lajut »
Boeing 737 Max investigation finds new concerns with wiring, engines - Business InsiderSoftware played a role in two deadly crashes that grounded the Boeing 737 Max, but the investigation also unearthed concerns with wiring and engines.
Baca lebih lajut »
Boeing has uncovered another potential design flaw with the 737 MaxHundreds of 737 Max jets are sitting, grounded, as Boeing awaits approval from aviation regulators for the troubled plane to return to flight. But now, the company has discovered yet another potential hurdle.
Baca lebih lajut »