Home News American Airlines will share $30 million portion of Boeing settlement with employees,...

American Airlines will share $30 million portion of Boeing settlement with employees, thanks to the drama surrounding the grounded 737 Max (AAL)


Boeing 737 MAX 8 American Air Laguardia New YorkDrew Angerer/Getty Images

American Airlines on Monday said it’s reached a deal with Boeing for reimbursement to make up to the grounded 737 Max airplane. 
The airline said it would share $30 million of the payout with employees, that need to be spread in March. 
American was among those airlines from the grounding hardest hit, together with 24 of those jets in its infancy. 
Visit Business Insider’s homepage for additional information.

American Airlines said Monday that it’s reached a settlement deal with Boeing related to this 737 Max airplane that has been grounded for a year.

The Dallas-based carrier will add $30 million in the arrangement with Boeing into its program for the year 2019. Those payments ought to be dispersed to the airlines’ more than 100,000 employees in March, it said. See the rest of the story at Business Insider

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