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American, United 787 Deliveries Slip Further on Boeing Delays

  • Handovers were halted last year due to jet’s structural issues
  • Planemaker to compensate airline for delays, American says
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Why Shares of Boeing Are Plunging

American Airlines Group Inc. and United Airlines Holdings Inc. said some Boeing Co. aircraft won’t arrive until 2023 or 2024 amid lingering uncertainty over when the planemaker will be allowed to resume deliveries of its 787 Dreamliner.

The issue has already prompted American to reduce, delay or suspend some planned international routes, a setback for the carrier as global travel is beginning to recover from a pandemic slump. The delays are also contributing to higher unit costs by limiting flying capacity and idling pilots trained to operate the aircraft, American said on a conference call to discuss earnings Thursday.