American Airlines Group Inc. has threatened to cancel some of its orders for Boeing Co.’s troubled 737 MAX jets, people familiar with the matter said, a sign of deepening financial stress in the aviation industry.

The Fort Worth, Texas-based carrier has struggled to secure financing for 17 jets it had expected Boeing to deliver this year, some of these people said. The coronavirus pandemic has led to a sharp drop in air-travel demand and left global airlines fighting to survive, with many unable to afford planes they no longer…

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