Ryanair budget airline has reached a deal with aircraft manufacturer Boeing about compensation for the grounded 737 Max aircraft. The Irish price fighter would receive “hundreds of millions of euros” compensation, writes the Irish newspaper Irish Independent.
Boeing does not have to pay the reimbursement immediately. The amount is deducted as a discount on money that the aircraft manufacturer still had credit from Ryanair. Incidentally, the Irish company does not yet have 737 Max devices. The company does, however, have a lot to order for Boeing.
The industry association of 41 Chinese airlines estimates that its members suffered approximately 4 billion yuan, nearly 520 million euros, by the end of June. All Chinese airlines used 96 aircraft of the type complained of. The three largest Chinese airlines, China Southern, China Eastern and Air China, announced this week that they are going to work together to get compensation from Boeing.
Boeing 737 Max type have been on the ground worldwide since March. A few days earlier, such a plane from Ethiopian Airlines crashed, killing all passengers. A plane from the Indonesian Lion Air crashed at the end of last year. Both accidents are said to be due to an over-abundant safety system that repeatedly pressed aircraft nose down ignoring the direct input from stic.