American Airways Group Inc.
is threatening to cancel some orders of the Boeing Co.
737 Max jet attributable to financing troubles, The Wall Street Journal stories. American Airways ordered 17 of the planes for supply this 12 months, however has struggled to safe the cash to pay for them. With journey halted for a lot of shoppers because of the coronavirus, airways and different firms within the journey business have been underneath strain. United Airways Holdings Inc.
introduced this week that it might furlough 36,000 staff in October attributable to diminished demand. American Airways stock stock has plummeted greater than 60% for the 12 months up to now. Boeing shares are down 46.3%. And the Dow Jones Industrial Common
has slumped 9.5% for the interval.