American Airlines restarts commercial Boeing 737 MAX flights oann.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oann.com Daily Mail and Mail on Sunday newspapers.
American Airlines puts Boeing 737 Max back in the air 20 months after worldwide grounding
The Fort Worth-based airline said customers have not been rescheduling flights to get away from the long-grounded aircraft.
American Airlines flight 718, a Boeing 737 Max, took off Tuesday from Miami International Airport to New York. The Boeing 737 Max flew its first commercial flight since the aircraft was allowed to return to service nearly two years after being grounded worldwide following two crashes.(Joe Raedle / Getty Images)
American Airlines became the first U.S. carrier to fly commercial passengers on the Boeing 737 Max Tuesday, ending a two-year saga to fix the controversial aircraft that crashed twice and set off a worldwide reexamination of how planes are built and how governments regulate them.
Bank asset quality may deteriorate sharply , warns RBI
Realising a need for some breather to borrowers during the pandemic, RBI allowed a six-month moratorium on loan repayments
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The central bank cited the uncertainty induced by the covid-19 pandemic and its real economic impact to say that asset quality concerns will remain elevated
RBI said that during FY20, SCBs strengthened their capital buffers, improved their asset quality and raised liquidity coverage ratios (LCR)
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Although gross bad loans of banks have moderated in FY20 and even so far in FY21, asset quality may sharply deteriorate going forward, the Reserve Bank of India (RBI) said in a report on Tuesday.
The FAA cleared the way for U.S. airlines to resume using the plane if certain changes are made and pilots are provided with additional training including time in a flight simulator.
Brazil s Gol airlines operated the first passenger flight with a revamped Max on Dec. 9. Since then, Gol and Aeromexico have operated about 600 flights between them with Max jets, according to tracking service Flightradar24 and aviation-data firm Cirium.
American plans to make one round trip a day between Miami and New York with Max jets through Jan. 4 before putting the plane on more routes. United Airlines plans to resume Max flights in February, and Southwest Airlines expects to follow in March.