Tag: 737 MAX

Boeing MAX ‘Situation’ Costs Airlines $1 Billion Per Month

Reading Time: 2 minutes In March 2019, aviation regulators and airlines around the world grounded the Boeing 737 MAX airliner after two brand new aircraft crashed in five months, killing 346 people aboard. While the decision was reasonable, it was an expensive one. In its second quarter of 2019 results, Boeing estimated that disruptions, in relation with Boeing 737 […]

Norwegian Cuts Some Transatlantic Routes Due to 737 MAX Grounding

Reading Time: 2 minutes Norwegian, a low-cost airline and the largest carrier in Norway, is cutting six transatlantic routes from Dublin, Cork and Shannon to the US and Canada effective 15 September, 2019. The airline has 18 Boeing 737 MAX aircraft which should have been used on transatlantic flights. With new single-aisle planes of longer range the airline was strongly […]

Older Boeing Aircraft Types on Peak Demand Amid 737 MAX Crisis

Reading Time: 4 minutes Boeing 737 MAX crisis has already turned into a global problem resulting in lost revenues, disruptions in air travel as well as growing lack of trust in aviation safety in general. There are a lot of angles to monitor this situation from. From the Boeing company’s perspective, these are enormous efforts to return grounded aircraft […]

Boeing in Discussions with Chinese 737 MAX Customers

Reading Time: 1 minute In order not to lose its Chinese customers, Boeing is holding another series of discussions on the Boeing 737 MAX issues. The aircraft manufacturer expects to gather for talks with the representatives from such airlines as China Southern, Air China, China Eastern, Xiamen Airlines and Hainan Airlines. Since April 2019 this is the second round […]

Boeing Considers All Scenarios: Shutdown of 737 MAX Program Included

Reading Time: 1 minute Boeing has announced its financial results for the second quarter. A $3.7 billion adjusted loss in the second quarter. The largest Boeing’s loss ever caused by the 737 MAX aircraft grounding. Last year Boeing made $2.4 billion profit. In the course of six months of 2019, in turn, the company suffered heavy losses. And this […]

Oman Air Cancels Over 700 Flights Amid Boeing 737 MAX Crisis

Reading Time: 1 minute Oman Air, the national airline of Oman, announced about the cancellation of over 700 flights over the period of 22 July and 31 August due to ongoing Boeing 737 MAX grounding. The number of affected flights were scheduled to reach such destinations as Dubai, Jeddah, Riyadh, Dammam, Kuwait, Amman, Mumbai, Hyderabad, Jaipur, Calicut, Colombo and […]

Cost of Boeing 737 MAX Grounding: $5 Billion

Reading Time: 1 minute The Boeing Company has to accept billions in special costs in its balance sheet owing to the 737 MAX crisis. In the second quarter, an additional burden of US$4.9 billion after taxes will be incurred, the company announced on Thursday after the close of the U.S. stock market. The 737 MAX series has been grounded […]

Ryanair to Enter Turbulence Due to Ongoing Boeing 737 MAX Grounding?

Reading Time: 2 minutes Ryanair, an Irish low-cost airline, announced about possible disruptions in operations due to uncertainty over the future of the ongoing Boeing 737 MAX aircraft grounding. Ryanair has 200 Boeing 737 MAX aircraft on order. The aircraft that has been grounded over the safety concerns since March, 2019, when the Ethiopian Airlines MAX fatally crashed taking the […]

Boeing Loses Major Deal for up to 50 Struggling MAX Aircraft

Reading Time: 1 minute flyadeal, Saudi Arabia’s low-cost carrier, announced plans for an all-Airbus fleet in the future meaning that an order placed for up to 50 Boeing 737 MAX aircraft in December is about to be cancelled. The low-cost airline which commenced its operations just in 2017 said it has moved forward with an order for 30 Airbus […]

Boeing to Support Affected by Lion Air and Ethiopian Crashes

Reading Time: 1 minute Ahead of Independence Day in the U.S., Boeing announced $100 million in funds to address family and community needs of those affected by the tragic accidents of Lion Air Flight 610 and Ethiopian Airlines Flight 302. These funds will support education, hardship and living expenses for impacted families, community programs, and economic development in impacted communities. […]