American Airlines has threatened to cancel some of its orders for Boeing’s troubled 737 MAX jets, people familiar with the matter said, a sign of deepening financial stress in the aviation industry
American Airlines Group Inc. has threatened to cancel some of its orders for Boeing Co.’s troubled 737 MAX jets, people familiar with the matter said, a sign of deepening financial stress in the aviation industry.
The Fort Worth, Texas-based carrier has struggled to secure financing for 17 jets it had expected Boeing to deliver this year, some of these people said. The coronavirus pandemic has led to a sharp drop in air-travel demand and left global airlines fighting to survive, with many unable to afford planes they no longer...
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