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 calculations include the impact of the airlines’ inability to use aircraft already delivered and those for which the companies are awaiting delivery. MAXs were grounded worldwide and deliveries ...

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