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16:10, 21-May-2019
China Eastern Airlines claims compensation for Boeing 737 Max suspension
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China Eastern Airlines is seeking compensation from Boeing Co. for the damages caused by the grounding of its 737
Max jetliner following two fatal crashes, local media reported on Tuesday.
The company has become the first Chinese carrier to "lodge claims" over the long-term grounding of its 14 Boeing 737 Max airplanes on March 11 and delayed delivery the previously ordered aircraft.
An insider from the airlines told a local newspaper that the impact on the company was limited. Among the three major Chinese airlines, China Eastern holds a relatively small number of 737 Max airplanes.
The company has been actively engaged in operational deployment. In short term, it is still subject to market supply and demand. The reduction of the model may be beneficial to the entire industry, the insider said.
Boeing halted MAX deliveries to customers after the grounding in mid-March and said in April that it would cut 737 production to 42 airplanes per month from 52.
On March 11, China suspended the commercial
operations of all Boeing 737 Max jets.