Despite Falling Q4 Profits, Dallas-Based Southwest Airlines Still Increased Profit-SharingDespite profits tumbling more than 21% Dallas-based Southwest Airlines still plans on sharing more than $650 million with employees.
American Airlines, Boeing Reach Deal For Compensation Over Grounded Max JetsAmerican did not say how much it will receive but said it will give $30 million to employees as profit-sharing.
American Airlines Says It Will Share Boeing Proceeds With Workers, But Won't Say How MuchAmerican Airlines officials say the company expects to share some portion of the compensation from a Boeing Co. Max jet grounding settlement with employees.
Southwest Airlines Shares $125M From Boeing Max Jet Settlement With Its EmployeesAfter reaching an agreement with Boeing for financial damages from the Max jets grounding, Southwest Airlines is sharing some $125 million from the settlement with its employees.
FAA Meets In Fort Worth With International Regulators On Future Of Boeing's 737 MaxAirlines were watching the meeting for signs as to when the aircraft might be considered safe to take off again.
American Airlines Extends Max-Caused Cancellations By More Than A MonthAmerican Airlines is extending by more than a month its cancellations of about 90 daily flights as the troubled 737 Max plane remains grounded by regulators.
Boeing Cutting Production Rate Of 737 Max JetThe company said starting in mid-April it will cut production of the 737 Max from 52 to 42 planes per month.