After nearly two years of scrutiny, corporate upheaval, and a stand-off with global regulators, Boeing Co won approval from the US Federal Aviation Administration to fly its 737 Max jet again after two fatal disasters.
American Airlines Group Inc must reduce its management and support staff by about 30% and may have to cut frontline employees as it downsizes due to the coronavirus outbreak, showed a letter to employees made public on Wednesday.
Berkshire Hathaway sold its entire stakes in the four largest US airlines in April, chairman Warren Buffett said on Saturday at the company's annual meeting, saying the world has changed for the aviation industry.
American Airlines on Monday became the latest carrier to reach an agreement with Boeing on compensation to cover the financial losses connected to the 737 MAX grounding, which caused thousands of flights to be canceled.
Boeing is reportedly considering either halting or cutting down the production of the grounded 737 Max aircraft after it failed to get approval last week for the plane's return to service from the Federal Aviation Administration (FAA) before the end of the year.
American Airlines' flight attendants union still has safety concerns about the Boeing 737 MAX and is demanding an active role in the re-launch of the grounded aircraft, its president told Boeing Co's chief executive in a letter.
American Airlines Group Inc and Brazil's Gol Linhas Aereas Inteligentes SA are negotiating a partnership that could integrate flights between the two airlines in Latin America, a newspaper reported on Friday.
The US Department of Transportation on Wednesday ordered the suspension of all commercial passenger and cargo flights between the United States and Venezuela, citing reports of unrest and violence around airports in the South American country.
American Airlines is extending the cancellation of its Boeing 737 Max 8 flights from June until mid-August. The move is to provide confidence to customers during the peak summer travel season, the airline said in a letter. Last month, 737 Max aircraft were grounded worldwide following fatal crashes involving Ethiopian Airlines and Indonesia's Lion Air.
The Chilean Association of Tourism Companies (ACHET) Monday announced it will take the question of the agreement of Latam Airlines with American Airlines and International Airlines Groups (IAG), which was approved last Wednesday by the Court of Defense of Free Competition (TDLC), to the Supreme Court, the Diario Financiero newspaper reported.