Boeing Estimates The Cost Of 737 MAX Grounding At $1 Billion

on - Aircrew Aviation LTD., Hong Kong

Daily Newsletter | April 24, 2019

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Boeing estimates the cost of 737 MAX grounding at $1 billion

While presenting its financial results for the first quarter of 2019, Boeing estimated the price of the 737 MAX grounding since mid-March at $1 billion. This number only takes into account an increase in production costs for the aircraft. Possible compensations for the victims’ family and the airlines are left out for now.

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Correction: Air Premia appoints two CEOs

In March 2019, South Korean authorities have issued licenses to the fresh batch of start-up airlines, among which was Air Premia. Fast forward a month, the airline is already making changes to license, after appointing a second CEO.

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Uganda Airlines takes two CRJ900s, plans launch in July 2019

Uganda Airlines received two brand new Bombardier CRJ900 aircraft ‒ the first ones in the fleet. The carrier is preparing for a takeoff in July 2019 and vows are made not to repeat the mistakes of its predecessor.

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United unveils new livery: no more gold

On April 24, 2019, United Airlines is officially revealing their new aircraft livery. As the airline itself explains, the re-do is best described as “gold out, blue in”. Take a look at the re-do in a video.

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Boeing estimates the cost of 737 MAX grounding at $1 billion

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