American Airlines will give $30 million from Boeing 737 Max settlement to workers

January 7, 2020 Admin 0

American Airlines has reached a confidential deal with Boeing over the grounding of 737 Max jets for 2019 and will give $30 million back to employees through its profit-sharing distribution in March.

The settlement only covers damages that Fort Worth-based American Airlines incurred in 2019 because there is no timeline for when the Federal Aviation Administration will clear the Max for a return to service.

“Despite the ongoing challenges the grounding has brought, American Airlines team members continue to do an incredible job caring for our customers,” American’s Chairman and CEO Doug Parker said in a statement. “Our ability as … Read More...