Boeing 737 Max groundings force airlines to scale back growth plans - News Summed Up

Boeing 737 Max groundings force airlines to scale back growth plans


The extended grounding of Boeing Co.’s 737 Max planes forced Ryanair Holdings to scale back growth plans for next summer, putting the airline industry on notice that the crisis is starting to affect longer-term plans. The timing depends on Boeing resuming its original delivery schedule, after slowing Max production rates to 42 from 57 aircraft a month, Syth said. Approval for flights could take up to two months beyond the baseline model’s return to service, it said. Southwest Airlines Co., the largest operator, has taken the Max out of its schedules at least through Oct. 1. That issue requires additional work by Boeing and is further delaying the Max’s return to service.


Source: Los Angeles Times July 17, 2019 00:00 UTC



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