American Airlines could cancel 737 MAX orders - report

Friday, 10. July 2020 16:11

American Airlines Group Inc. has warned The Boeing Company that it could cancel its orders for 737 MAX aircraft, the Wall Street Journal reported on Friday, citing sources with knowledge of the matter.

The insiders claimed that the airline has been facing difficulties to find financing for the acquisition of 17 jets whose delivery Boeing was expected to finalize this year.

It was reported last week that American Airlines is looking to reduce its workforce by 20,000 employees due to the coronavirus pandemic's effect on the business.

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Breaking the News / MS