UPDATE 1-American Airlines CEO says expects 737 MAX approval in near future

American Airlines Group expects U.S. Federal Aviation Administration approval of Boeing Co’s grounded 737 MAX jets in the near future, Chief Executive Doug Parker said on Wednesday. Like other U.S. 737 MAX airlines, American is scheduling without the aircraft until the FAA approves new software and training updates by Boeing after two fatal crashes. Boeing has said it is targeting FAA approval this year. …read more

Source:: Yahoo Finance

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