American Airlines is planning to share proceeds of compensation from Boeing over the 737 Max with its employees.
. It has also forced airlines to cancel thousands of flights and curb growth plans. That has meant less overtime for employees, they argue.
The Federal Aviation Administration has repeatedly said it doesn't have a set timeline for clearing the planes to fly again and that it wouldeach 737 Max before they can fly. That uncertainty has forced airlines to repeatedly remove the jetliners from their schedule a trend that becomes even more disruptive because airlines expected to have even more 737 Max planes delivered since the grounding.
"As we've said before, we expect American will be compensated for the lost earnings that the Max grounding has caused," American Airlines spokesman Ross Feinstein said. "We anticipate that part of any compensation American receives will be eligible for profit sharing for our team." American in October forecast the Max grounding would cost it $540 million in pretax income in 2019. But the final financial toll on airlines isn't yet known because it's not clear when the planes will fly again. American and Southwest removed the planes from their schedules until April, while
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