Airlines to report earnings as Boeing 737 Max troubles set to linger for months more
July 09, 2019 / CNBC
U.S. airlines will detail for investors this month how the worldwide grounding of the Boeing 737 Max now about to enter its fifth month is impacting their financial results during the busiest time of the year for the industry. Airlines are enjoying searing air travel demand. Fares are on the rise, according to some analyst estimates. Fuel prices are down compared with last year. All of that is good news for carriers and their shareholders, but investors will also want to know how they’re meeting that demand during the busiest travel season of the year with dozens of planes out of service due to safety concerns.