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American Airlines says it is still negotiating a compensation agreement with Boeing for the grounding of the airline’s 737 Max fleet, now in its 10th month, and that it expects to share the proceeds with its employees. In October, the CE Doug Parker said the grounding of the fleet of 24 Max aircraft had cost it up to US$540m in pre-tax profit in 2019. American still has 76 Max aircraft on order. A spokesman said: “We anticipate that part of any compensation American receives will be eligible for profit sharing for our team. Conversations with Boeing are still ongoing, and we’ll share more details as soon as they are resolved.” Earlier this week Turkish airlines confirmed that it “came to an agreement” with Boeing concerning “compensation for certain losses” caused by the grounding as well as the non-delivery of 737 Max aircraft. <br/>

Qantas has been named the safest airline in the world for 2020. In a ranking compiled by AirlineRatings.com, the airline nabbed the top spot after coming in first last year as well. To evaluate the safest airlines in the world, the site, which monitors a total of 405 different airlines, looked at audits from industry and governing bodies that regulate aviation, an airline’s crash and serious incident record, as well as its profitability, fleet age, and safety initiatives. “Qantas has been the lead airline in virtually every major operational safety advancement over the past 60 years and has not had a fatality in the jet era,” AirlineRatings editor Geoffrey Thomas said. The ranking comes just over a month after the site named Air NZ the best in the world in terms of overall product, which took into account safety, amenities, and passenger reviews. <br/>