American Airlines trims quarterly revenue forecast under Boeing cloud

09 April 2019 - 19:40An American Airlines jet at Ronald Reagan National Airport in Virginia, the US. Picture: REUTERS

American owns 24 MAX jets, the brand-new, fast-selling Boeing aircraft whose use was suspended around the world in March following two deadly crashes.per available seat mile, a closely followed measure of performance, to be flat to up 1 percent compared with the prior forecast of flat to 2% growth. Smaller rival Southwest Airlines was the first US airline to formally cut its financial outlook for the year after being forced to pull its new fleet of 34 Boeing 737 MAX planes out of service.

Boeing, which is battling its worst crisis in years, said on Friday it would cut production of its 737 MAX jets by 20%.

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