Earnings

Airlines set to report earnings as Boeing 737 Max troubles linger

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American Airlines Group Inc. Boeing Co. 737 Max planes sit parked outside of a maintenance hangar at Tulsa International Airport (TUL) in Tulsa, Oklahoma, May 14, 2019.

Patrick T. Fallon | Bloomberg | Getty Images

U.S. airlines will detail for investors this month how the worldwide grounding of the Boeing 737 Max — now about to enter its fifth month — is impacting their financial results during the busiest time of the year for the industry.

Airlines are enjoying searing air travel demand. Fares are on the rise, according to some analyst estimates. Fuel prices are down compared with last year. All of that is good news for carriers and their shareholders, but investors will also want to…



Source cnbc.com

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