Jim Cramer: Boeing Has Bottomed

Katherine Ross

American Airlines plans to let customers take trips on its Boeing 737 MAX jets as early as this year - more than 18 months after the jets were grounded.

If Boeing gets all needed federal approvals as planned, the airline will begin passenger flights on the MAX jets just days after Christmas, American said in a statement. Customers will be able to book flights on the aircraft as early Oct. 24.

"Based on the current plan, flights beginning Dec. 29 will be the first flights for paying customers," an American Airlines spokeswoman told TheStreet.

The Boeing jets - which have been grounded since March 2019 following two fatal accidents - could win recertification from the Federal Aviation Administration as early as November, according to Reuters. But officials told the news service on Sunday it “will lift the grounding order only after FAA safety experts are satisfied that the aircraft meets certification standards.”

Jim Cramer discusses Boeing, and what he and his portfolio at Action Alerts PLUS are watching in the stock.

Curious about what Cramer and his team at Action Alerts PLUS are watching in the markets? Read their market updates.

You can follow Jim Cramer and Katherine Ross on Twitter at @JimCramer and @byKatherineRoss. Read more from Katherine Ross here.

Latest Videos From TheStreet and Jim Cramer:

Enter your email to register or login. Registration information may be shared with advertising partners in accordance with our Privacy Policy.
Comments (1)
No. 1-1

American airlines has been providing remarkable services during this pandemic crisis. Most of the airlines closed partially and completed during this lockdown period. However, the בינתחומי will let the students how to get an appropriate private lessons in online for better preparation. By the way, I hope these terrible days will be ended soon!