More than 200 million yuan will be used to compensate employees! Boeing lost money to American Airlines

category:Finance
 More than 200 million yuan will be used to compensate employees! Boeing lost money to American Airlines


In October 2019, American Airlines estimated that the 737max outage would cost the company 540 million US dollars (3.74 billion yuan) of pre tax revenue in 2019. American Airlines said it would continue to negotiate with Boeing about the loss caused by the grounding since 2019, and any future compensation would also be shared with team members.

Previously, Southwest Airlines has reached a similar confidentiality agreement with Boeing, and has also taken measures to compensate employees, sharing 125 million US dollars (about 860 million yuan) of compensation with employees.

Boeing has set aside $4.9 billion (34 billion yuan) for customers damaged by the no fly ban, and said the compensation could be paid in cash or through parts or services.

The Boeing 737max series of aircraft has two crashes, and then the Boeing 737max suffered a global grounded. American Airlines and other major airlines have repeatedly delayed the go around of 737max due to regulatory delays in the re certification of the aircraft. At present, Boeing 737max has been grounded for the 10th month. In the future, the loss of 737max grounded will continue to grow, and Boeing will continue to compensate for it.

Source: Financial Editor of CCTV: Zhong Qiming, nf5619