MAX Groundings Cost American Airlines $185M Last Quarter

Credit: American Airlines
WASHINGTON—The grounding of its 24 Boeing 737 MAXs cost American Airlines $185 million in pre-tax second quarter (Q2) income and dented its growth and unit-cost projections, the airline said July 10. Despite the hit, the Fort Worth-based airline’s Q2 results are shaping up to be respectable...

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