American Airlines extends Boeing 737 Max flight cancellations

American Airlines extends Boeing 737 Max flight cancellations

Trump issued the tweet as Boeing tries to restore trust in its fastest-selling jet, the main source of profits and cash at the Chicago-based planemaker which has won some 5,000 orders or around seven years of production for the aircraft.

Southwest's decision will lead to 160 cancellations of some 4,200 daily flights between June 8 and August 5, while American's removal through August 19 means about 115 daily cancellations, or 1.5 percent of its summer flying schedule each day.

The plane's grounding has also threatened the US summer travel season, with some airlines removing the 737 from their schedules through August and canceling a number of scheduled flights.

Boeing investigators are working with the Ethiopian government to identify the cause of the crash.

So far airlines have said it is too soon to estimate the impact of the MAX grounding beyond the first quarter, but the extended cancellations signal that they do not expect a quick return of Boeing's fast-selling jetliner.

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Despite being Boeing's best-selling plane ever, the 737 Max's reputation has collapsed in recent months after two deadly crashes in Indonesia and Ethiopia killed a total of 346 people.

American operates an average of 85 flights per day on the Max 8 out of 6,700 departures throughout its system.

The Chief Executive and President of the company said in a letter to employees and customers that they believe the plane will be recertified before that date but want to be reassured of the reliability ahead of its peak travel season. American cancelled 350 out of Dallas-Fort Worth Saturday, but that had nothing to do with the Max, said spokesman Ross Feinsten. At the beginning of April, American Airlines expected its fleet of 24 MAXs to remain on the ground until the beginning of June, translating into 90 canceled flights per day.

American explained on its website that not all flights previously scheduled on a MAX would be cancelled, because the airline planned to use other aircraft for some flights.

Booming demand along with the grounding of Boeing's 737 Max aircraft is biting into Northern Hemisphere spring and summer schedules.

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