The grounding of American Airlines' Boeing 737 Max planes has forced the airline to cancel flights into mid-August. But the impact that has on its bottom line remains unclear.
This is what American Airlines (AAL) said in a new regulatory filing:
The financial costs of this disruption cannot be forecasted at this time and will be dependent upon a number of factors, including the period of time the aircraft are unavailable and the circumstances of any reintroduction of the aircraft to service."
The stock is up nearly 2% in premarket trading.