Fitch says 737 Max grounding to hurt Asian airline industry more in second quarter

FILE PHOTO: Employees walk by the end of a 737 Max aircraft at the Boeing factory in Renton, Washington, U.S., March 27, 2019. REUTERS/Lindsey Wasson/File Photo

Boeing’s top-selling aircraft has been grounded worldwide since the March 10 Ethiopian Airlines disaster, which killed 157 people, and came just five months after a Lion Air crash in Indonesia that killed 189. It added that there is limited flexibility for airlines to switch to alternatives from Airbus or Boeing.

It sounds like Mr. Fitch Rating is choosing to be cautious. 😉

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737 grounding will cost Europe's biggest tour company at least $225 millionGrounding the Boeing 737 Max has led to a profit warning from Europe's biggest travel company TUI. Turns out cnn is the russian troll. Hahahahahahaha Worth it Could have cost them their lives
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