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26-Jul-2019 3:09 PM

Southwest Airlines yet to reach conclusions with Boeing regarding 737 MAX compensation: CEO

Southwest Airlines CEO Gary Kelly stated (25-Jul-2019) the Boeing 737 MAX grounding put "significant" pressure on 2Q2019 unit costs, with unit cost penalties now expected in 2H2019. The carrier entered preliminary discussions with Boeing regarding compensation for the grounding, but Mr Kelly noted the carrier has "not reached any conclusions regarding these matters". [more - original PR]

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