American Projects MAX Grounding Cost At $350 Million

Credit: American Airlines
WASHINGTON—The Boeing 737 MAX grounding will cost American Airlines about $350 million in full-year income, assuming its current plan to have the aircraft back in revenue service by Aug. 19 holds, the carrier reports.The loss of its 24 737 MAX 8s following FAA’s Mar. 13 ban on U.S. MAX operations...

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