American Airlines reaches settlement with Boeing for 737 Max compensation in 2019

American Airlines reaches settlement with Boeing for 737 Max compensation in 2019 GlobeBusiness

and it will continue talks regarding compensation for damages related to the Max grounding beyond 2019.

The Association of Professional Flight Attendants, which represents American Airlines’ 28,000 flight attendants, said it welcomed the news about compensation, and was evaluating the details.Boeing’s best-selling 737 Max has been grounded since two fatal crashes in five months killed 346 people. The company is halting production this month. A number of airlines have struck confidential settlements with Boeing in recent weeks.

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