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16/03/2019  Airlines with buyers' remorse may use Boeing 737 MAX ban to revise orders

Business


The grounding of Boeing’s global 737 MAX fleet has brought headaches for airlines that need to find alternative aircraft to fly in their place, but it has given some carriers a welcome opportunity to re-evaluate orders for the plane.
Countries and airlines around the world banned the 737 MAX this week after a deadly Ethiopian Airlines plane crash killed all 157 people on board. The disaster followed a fatal crash of the same model operated by Lion Air in Indonesia in October.
For airlines that over-ordered the latest version of Boeing’s 737 workhorse, the grounding could be a good excuse to delay or cancel purchases, saving cash on the balance sheet, analysts said.




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