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Boeing to lose up to USD 2.5 bn monthly due to massive refusals from MAX aircraft

Air companies decided to cancel orders on MAX airplanes after the recent crashes of these planes
19:08, 14 March 2019

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Boeing company will be losing considerable sums of money because of the massive denials of air companies from Boeing 737 MAX 8 and MAX 9 aircraft. The list of countries that made such decision also includes Ukraine, as 112 International reported.

According to Reuters, these companies decided to cancel orders on MAX airplanes after the recent crashes of these planes, which will result in losses of billions of dollars for the aircraft manufacturer. 

Most of the world's countries that employ this particular type of aircraft decided to suspend their flights.

According to Reuters, the company has been manufacturing about 52 planes per month, which includes 737 MAX, too. 

Related: Boeing company asks to suspend 737 MAX aircraft fleet

Because of such decision, Boeing would be losing from 1.8 to 2.5 billion dollars every month. However, the material damage will be repaid after the ban on the use of these planes is lifted. 

Earlier, we reported that an Ethiopian Airlines plane flying from Addis Ababa to Kenya crashed in Ethiopia. 149 passengers and 8 crew members were on board of the Boeing 737-800 MAX. The crash occurred on March 10, at 8:44 am local time. The airline representatives said that the flight ET 302 crashed near the city of Bishoftu, 62 kilometers south-east of Addis Ababa. The Ethiopian broadcasting company, citing a source in the airlines, said that no one survived as a result of the plane crash. “There are no survivors aboard the plane that was carrying passengers from 33 countries,” the message says. This is the second recent crash of the latest version of Boeing’s workhorse narrowbody jet that first entered service in 2017. 

Related: Ukraine’s State Aviation Service suspends flights of Boeing 737-8 MAX, 737-9 MAX

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