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Feb. 14, 2020, 5:01 p.m. EST

American Airlines joins other U.S. airlines in extending 737 Max flights halt

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By Claudia Assis

American Airlines Group Inc. /zigman2/quotes/209207041/lastsale AAL -6.66% said Friday it expects to fly its Boeing Co.'s /zigman2/quotes/208579720/lastsale BA +1.01% 737 Max aircraft on Aug. 18, joining United Airlines Holdings Inc. /zigman2/quotes/205037281/lastsale UAL -2.28% and Southwest Airlines Co. /zigman2/quotes/201071949/lastsale LUV -3.05% in forecasting a late summer return for the grounded aircraft. American Airlines had previously canceled 737 Max flights through June. Boeing's 737 Max jets have been grounded worldwide since March after two deadly crashes less than five months apart. A return-to-service for the Max has been dragging, and Boeing said in January it expects the aircraft to return to the skies starting mid-year.

/zigman2/quotes/209207041/lastsale
US : U.S.: Nasdaq
$ 9.39
-0.67 -6.66%
Volume: 87.02M
April 3, 2020 4:00p
P/E Ratio
2.46
Dividend Yield
4.26%
Market Cap
$4.00 billion
Rev. per Employee
$345,547
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/zigman2/quotes/208579720/lastsale
US : U.S.: NYSE
$ 124.52
+1.25 +1.01%
Volume: 37.35M
April 3, 2020 6:30p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$70.26 billion
Rev. per Employee
$660,961
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/zigman2/quotes/205037281/lastsale
US : U.S.: Nasdaq
$ 22.89
-0.54 -2.28%
Volume: 28.35M
April 3, 2020 4:00p
P/E Ratio
1.97
Dividend Yield
N/A
Market Cap
$5.67 billion
Rev. per Employee
$448,946
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/zigman2/quotes/201071949/lastsale
US : U.S.: NYSE
$ 30.54
-0.96 -3.05%
Volume: 9.92M
April 3, 2020 6:30p
P/E Ratio
7.14
Dividend Yield
2.36%
Market Cap
$15.80 billion
Rev. per Employee
$373,554
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