UPDATE 5-American Airlines cuts outlook on 737 MAX, sees jets flying again by mid-August
April 26, 2019 at 12:01 PM EDT
American Airlines Group Inc cut its 2019 profit forecast on Friday, blaming an estimated $350 million hit the grounding of Boeing's 737 MAX planes during its busiest travel season, but said it was confident that the jets would start flying again by mid-August.