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Boeing 737 Max airplanes are parked on the tarmac at the Boeing factory in Renton, Wash., in March, 2019, the same month the plane was grounded worldwide following two fatal crashes.Lindsey Wasson/Reuters

American Airline Group Inc. said on Sunday it is extending cancellations of Boeing 737 Max flights through Dec. 3, but remains confident that the aircraft will be approved to fly again this year after new software and pilot training.

The fast-selling 737 Max has been grounded worldwide since mid-March while Boeing updates flight-control software at the centre of two fatal crashes in Indonesia and Ethiopia that together killed 346 people within a span of five months.

Boeing Co. is targeting regulatory approval for the fixes in October, although the U.S. Federal Aviation Administration has said it does not have a firm timeline to put the jets back in the air.

Meanwhile, airlines that had purchased the fuel-efficient 737 Max have had to cancel thousands of monthly flights as they scramble to meet demand with slimmer fleets, eating in to profit and hurting some growth plans.

Fort Worth, Tex.-based American, with 24 737 Max jets at the time of the grounding and dozens more on order, said it will cancel about 140 daily flights through Dec. 3, more than the 115 daily cancellations it was making through the summer.

It had previously pulled its 737 Max jets from its flight schedule through Nov. 2.

Customers whose flights are affected by the cancellations will be contacted by American or their travel agent, the carrier said.

Among other U.S. airlines that operate the 737 Max, Southwest Airlines Co. has cancelled flights into early January and United Airlines until Dec. 19.

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Study and track financial data on any traded entity: click to open the full quote page. Data updated as of 17/05/24 4:15pm EDT.

SymbolName% changeLast
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Boeing Company
+1.09%184.95
AAL-Q
American Airlines Gp
-0.41%14.73

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