Edition:
India

American Airlines CEO Says Confidence On 737 Max Approval 'Seems To Be Higher'


Thursday, 24 Oct 2019 

American Airlines Group Inc ::AMERICAN AIRLINES CEO SAYS BASED ON CONSTANT 2019 EARNINGS, FREE CASH FLOW WOULD BE 5.5 BILLION OVER 2020 AND 2021.AMERICAN AIRLINES PRESIDENT SAYS DEMAND REMAINS ROBUST.AMERICAN AIRLINES PRESIDENT SAYS NO REVENUE IMPACT SO FAR FOLLOWING DELTA-LATAM DEAL.AMERICAN AIRLINES PRESIDENT SAYS WILL REDUCE ITS 2020 SCHEDULE IF 'UNFORESEEN EVENTS' COMPROMISE ITS ABILITY TO MEET ITS RELIABILITY STANDARDS.AMERICAN AIRLINES PRESIDENT SAYS 10 OF THE 26 737 MAX ON ORDER FOR THIS YEAR HAVE BEEN BUILT, NOT SURE WHEN THEY WILL BE DELIVERED OR WHEN THE REMAINDER WILL BE BUILT.AMERICAN AIRLINES CEO SAYS WANTS ALL OF ITS 737 MAX ON ORDER, WOULD ACCELERATE DELIVERY SCHEDULE IF IT COULD.AMERICAN AIRLINES SAYS SLOWED HIRING IN THE FALL DUE TO MAX GROUNDING BUT RAMPING UP AGAIN.AMERICAN AIRLINES CEO SAYS HAPPY TO WORK WITH AIRBUS ON TARIFFS BUT U.S. AIRLINES, CITIZENS SHOULD NOT PAY THE COST.AMERICAN AIRLINES CEO SAYS COMPENSATION TALKS WITH BOEING STILL IN EARLY STAGE BUT 'CONFIDENT' ITS OWN SHAREHOLDERS WON'T PAY COST OF 737 MAX GROUNDING.AMERICAN AIRLINES CEO SAYS CONFIDENCE ON 737 MAX APPROVAL 'SEEMS TO BE HIGHER'.