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Airlines break contracts for the purchase of Boeing 737 MAX, Boeing's losses can be measured in tens of billions

Airlines break contracts with Boeing, the bill goes to tens of billions of dollars

AFP reports that the American company Boeing is losing a major contract with Garuda Indonesia after a liner crashed in Africa. The contract was worth tens of billions of dollars. The Indonesians were going to buy 49 Boeing 737 MAX aircraft.

The reason for the cancellation of the transaction is that passengers are afraid to fly on 737 MAX, since two crashes in five months, which occurred almost along the same lines, say that the airliner is unreliable.

Representatives of the Indonesian airline reported that they sent a letter to Boeing company asking for cancellation of the contract after the disaster in Africa. Passengers do not want to fly on such planes, they have lost the trust of “Garuda Indonesia”.

This case is the first when the carrier completely terminates the contract with “Boeing” after the last disaster. Somewhat earlier, the Russian airlines S7, UTair, Pobeda and Ural Airlines suspended the agreements concluded for the supply of aircraft, until the reasons for the Boeing 737 MAX air crash in Ethiopia were determined.

Now flights of Boeing 737 MAX are prohibited all over the world. It is likely that passengers expect price hikes and flight delays.

There have been two Boeing 737 MAX crashes in the past five months. The total death toll in them reached 346 people. The latter happened on March XNUMX in Ethiopia - the plane crashed to the ground six minutes after taking off from Addis Ababa airport.

Almost immediately after the incident, almost thirty airlines refused to exploit 737 MAX. Russia, the European Union, the United States closed their skies for these aircraft.

It's nice, of course, that the neighbor's cow died. The only pity is that we have no profit from this.

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