HomeAbout

TL;DR CNBC


American Airlines plans to share part of Boeing 737 Max compensation with employees - TL;DR CNBC

American Airlines plans to share part of Boeing 737 Max compensation with employees

Publishing timestamp: 2020-01-02 18:44:36


Summary

American Airlines is negotiating compensation from Boeing for the grounding of the 737 Max planes, following two fatal crashes. Southwest has already reached an agreement with Boeing and plans to share the compensation with its employees. The financial toll on airlines is still unclear as the grounding continues, with American Airlines expecting to receive compensation for lost earnings.


Sentiment: MIXED

Tickers: BALUVUALAAL

Keywords: politicslifeaerospace and defense industryunited airlines holdings incbusinesstransportationsouthwest airlines cobusiness newstravelboeing cobreaking news: businessamerican airlines group inc

Source: https://www.cnbc.com/2020/01/02/american-airlines-to-share-boeing-737-max-settlement-with-employees.html


Developed by Leo Phan