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Stock impact report

IAG says it hopes to bring forward first MAX delivery to 2022 [Reuters]

INTL CONSL AIRLNS S/ADR (ICAGY) 
NASDAQ:AMEX Investor Relations: iagshares.com
Company Research Source: Reuters
IAG says it hopes to bring forward first MAX delivery to 2022 - Reuters 2 Min Read DUBLIN (Reuters) - British Airways owner IAG ( ICAG.L ) is in talks with Boeing ( BA.N ) to bring forward the first delivery of 200 737 MAX jets by a year to 2022, and said it was confident that the issues that led to its grounding would be addressed. IAG stunned industry executives at the Paris Airshow in June by signing a letter of intent to buy 200 737 MAX jets, with a plan for deliveries between 2023 and 2027. “We are having very constructive discussions with Boeing. We are looking at bringing forward the delivery to 2022, which we think will be possible,” Chief Executive Willie Walsh told journalists in a conference call. The timetable for regulatory approval for flights has slipped in recent months, with Boeing Chief Executive Dennis Muilenburg last week saying he was confident the MAX would be back in service as early as October. “We remain confident that the issues will be addressed by the s Show less Read more
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