American Airlines earnings decrease by US $185 million for the suspension of the 737 MAX

American Airlines announced on Wednesday that its second-quarter earnings would be reduced by about US $185 million after the largest airline in the United States had to cancel thousands of flights due to Boeing’s suspension 737 MAX.

The company, which has already withdrawn MAX from its flight program until September 3rdand lowered its annual profit forecast in April, accounted for accidents in Ethiopia and Indonesia for a suspension of planes estimated at US $350 million.

American, which has the second largest fleet of MAX aircraft in the United States with 24 aircraft, said it canceled about 7,800 flights in the second quarter.

Fewer aircraft in service increased revenues per unit in the second quarter, a measure that compares sales with flight capacity.

Now, revenue per unit is expected to increase between 3% and 4% in the June quarter compared to the previous forecast of an increase of 1% to 3%.

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