Chinese trade group forecasts $580 million in MAX-related losses

Credit: Rob Finlayson
Chinese airlines will incur losses of CNY4 billion ($580 million) if their grounded Boeing 737 MAXs do not return to the air by June 30, the China Air Transport Association said. The loss will be greater if the grounding extends into the second half of the year, the association said. Its...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.