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American Airlines settles 737 Max compensation with Boeing

January 07, 2020 / Buying Business Travel

American Airlines says it has reached a confidential compensation agreement with Boeing for financial damages caused by the grounding of the 737 Max aircraft. The Max has been grounded for nearly a year following two fatal accidents in which 346 people were killed. American Airlines was one of a number of carriers that made the decision to cancel some flights due to be operated by the aircraft rather than finding other planes to fly. This has led to around 140 flights a day to be cancelled through to 6 April 2020. The carrier said it believes the 737 Max will return to service on 7 April.