Norwegian's fleet mostly consists of Boeing aircraft. It has been estimated that if Norwegian were to replace all of its Boeing 737 MAX aircraft, this would mean a monthly bill of NOK 38.5 million ($4.5 million), just in rent. The Norwegian company pledged to demand compensation from Boeing for the additional costs incurred. READ MORE: Norwegian Air Shuttle to Demand Boeing Pay for Grounding of 737 Max AircraftEarlier this month, a crash involving a Boeing 737 MAX 8 with 157 people on board operated by Ethiopian Airlines prompted a string of bans of the model by airlines and regulators across the world. Meanwhile, a three-month grounding of all 737 MAX planes could cost Boeing up to $5 billion, according to estimates from Wall Street firms Melius Research and Jefferies.

Source: Ethiopian News March 25, 2019 14:03 UTC