American Airlines CEO sees Boeing 737 MAX flying by mid-August

The grounded Boeing Co 737 MAX is “highly likely” to be flying by mid-August, American Airlines Group CE Doug Parker said Wednesday. A battered aviation industry is awaiting regulatory approval for a software fix and pilot training updates by Boeing that would pave the way for the troubled jet to fly again following two deadly crashes in Indonesia and Ethiopia within five months. American Airlines has said the economic impact of the grounded MAX would be about $350 million between its worldwide grounding in mid-March and Aug. 19, when the airline had initially envisioned flying its 24 MAX jets again. On Sunday, American extended cancellations of about 115 daily flights until Sept. 3, but Parker said that decision merely reflected monthly scheduling plans for crew. “No one should take that as some indication that we don’t think the aircraft will be ready by Aug 19,” Parker said during the company’s annual shareholders meeting. “We wouldn’t be selling seats today if we didn’t think it was a highly likely possibility (...) that we’d be able to provide that service by Sept. 3,” he added. Boeing has yet to formally submit its software fix to the FAA, which said Wednesday it does not have a specific timetable on when the 737 MAX would return to service. Still, Parker said he understood there was “an absolute fix” for the 737 MAX, while acknowledging there was no certain timetable and that rebuilding public confidence may take time.<br/>