The grounded Boeing Co 737 MAX is 'highly likely' to be flying by mid-...
CHICAGO - The grounded Boeing Co 737 MAX is “highly likely” to be flying by mid-August, American Airlines Group Inc Chief Executive Doug Parker told shareholders on Wednesday.
American Airlines has said the economic impact of the grounded MAX would be about $350 million between its worldwide grounding in mid-March and Aug. 19, when the airline had initially envisioned flying its 24 MAX jets again. “We wouldn’t be selling seats today if we didn’t think it was a highly likely possibility that we’d be able to provide that service by Sept. 3,” he added.
Once regulators approve the MAX, airlines will need some time to train pilots on the software fix, meant to prevent the erroneous triggering of a system called MCAS that played a role in the Lion Air and Ethiopian Airlines crashes, and to prepare the jets following months of storage.
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