Airline

American extends grounding until Jan 2020; puts pressure on finances for Q4 2019

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American extends grounding until Jan 2020; puts pressure on finances for Q4 2019

American Airlines has updated its third-quarter 2019 guidance including its margins for the 737 MAX, which is slightly higher due to lower fuel costs. The company reiterated the midpoint of unit revenue despite minor headwinds and as expected, the MAX is out of the schedule until at least 15 January...

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