American Airlines pushes back Boeing 737 Max return to April
American Airlines Group Inc. (AAL) said Tuesday it expects to fly its Boeing Co.'s (BA) 737 Max planes around June 4. American had canceled service on Max planes through April 6. Passengers booked on Max flights between April and June will see a schedule change, American said. The airline said it would gradually re-incorporate Max jets into its service throughout June, and release a rebooking policy in the next few days for customers who do not want to fly on the Max after the June date. American Airlines shares rose 1.2% on Tuesday and are down 13% in the last 12 months, contrasting with gains of 27% for the S&P 500 index in the same period. The 737 Max has been grounded worldwide since March following two deadly crashes, and American and other airlines have had to canceled thousands of flights as a result.
-Claudia Assis; 415-439-6400; AskNewswires@dowjones.com
(END) Dow Jones Newswires
January 14, 2020 12:12 ET (17:12 GMT)
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