American Airlines sees $185 million profit hit from Boeing MAX grounding

July 10, 2019 admin Business News Comments Off on American Airlines sees $185 million profit hit from Boeing MAX grounding

American Airlines Group Inc said on Wednesday its second-quarter profit would be reduced by about $185 million as the No.1 U.S. airline had to cancel thousands of flights due to the grounding of Boeing Co’s 737 MAX jets.

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Source:: Reuters – Business News