Big U.S. Boeing customers want the 737 MAX but say contracts need re-set

Two of Boeing Co’s biggest commercial airline customers said on Thursday they are still committed to the 737 MAX despite delays in its return to flight and the coronavirus pandemic, though the head of Southwest Airlines said contracts need to be “completely reset.” Boeing is behind on hundreds of 737 MAX deliveries since regulators grounded the jet worldwide last year in the aftermath of two crashes that together killed 346 people. Since then, airlines’ financing on jet orders has expired, forcing a scramble by Boeing to arrange new financing as it awaits regulatory approval for design changes. …read more

Source:: Yahoo Finance

Get our FREE Newsletter! Discover Stocks with +1,000% Upside Potential!
Join over 100,000 investors and business leaders worldwide. Discover the Next Super Stock before the rest of the crowd.
Your privacy is our priority. Your email address will never be sold or shared with anyone else.