This is the first confirmed contract cancellation for the US manufacturer following the two crashes involving the aircraft. In October 2014, Garuda ordered 50 Boeing 737 MAX 8s for $4.9 billion at list prices. It has already received one of them.
The question of investment into Wow Air has come back to the initial name on a list – Icelandair. Both Icelandic companies confirmed the news, noting that discussions were revived as a third potential investor – Indigo Partners – pulled out from negotiations.
