If you’re planning any air travel over the next year or two, this is probably some news that you’ll want to keep an eye on. American Airlines announced yesterday that it is going to “upgauge” its domestic and international fleet of aircraft, placing orders for more than 250 new planes. Included in the order are 85 Boeing 737 Max 10 airliners. Given the many maintenance and safety issues that Boeing has been wrestling with regarding its 737 Max series, this represents a strong vote of confidence for Boeing. But is that confidence justified at this point? If nothing else, Boeing’s stockholders will likely be cheered by the news. The company’s stock value plunged more than 10 percent after the recent blowout over Portland.
American Airlines said Monday that it is ordering 260 new narrow-body jets, including dozens of Boeing’s long-delayed 737 Max 10.
The order includes 85 of Boeing’s…
