American Airlines Warns It Could Cancel Several Boeing 737 MAX Orders Written 13 July 2020


American Airlines Boeing 737 | Ken Fielding; Wikipedia; CC BY-SA 3.0

The AP reported that American Airlines may cancel a number of overdue Boeing 737 MAX orders unless The Boeing Company “helps line up new financing for the jets, according to people familiar with the discussions.” This occurs “as airlines are finding financing increasingly difficult and expensive as the coronavirus pandemic has crippled their operations.” American “wants Boeing to help arrange financing for 17 planes for which previous financing has or will soon expire, according to three people who spoke Friday on condition of anonymity to discuss private talks between the companies.”
Full Story (Associated Press)