Boeing 737 Max Grounding delays Launch Of Seasonal Routes By Air Canada

By John F. Heerdink, Jr.
Dow 30 component Boeing (NYSE: BA) is the world’s largest aerospace company and leading manufacturer of commercial jetliners and defense, space and security systems. A top U.S. exporter, the company supports airlines and U.S. and allied government customers in 150 countries. Boeing products and tailored services include commercial and military aircraft, satellites, weapons, electronic and defense systems, launch systems, advanced information and communication systems, and performance-based logistics and training. According to a recent Reuters article, the grounding of the Boeing 737 Max aircraft has disturbed the launch of at least five spring seasonal flights by Air Canada as the carrier struggles to continue its operations for routes previously served by the Max aircraft. The suspension and delays came after the Montreal-based carrier removed 24 MAX jets from its flight schedule until July 1 after the two recent air crashes of the aircraft. The Canadian carrier is preparing its four Airbus A321 aircraft in full swing to meet the crisis.
As reported, AltaCorp analyst Chris Murray stated “Air Canada is “accommodating as best as they can, “At the same time, there is still some uncertainty about when the MAX grounding notice is going to be lifted.”
The much-affected grounding has left airlines struggling to maintain their schedules and passenger demands. To learn more about Boeing (BA) and to track its ongoing progress please visit the Vista Partners Boeing (BA) Coverage Page. Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectors. Vista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives. Stay Informed! Stay Competitive! Sign Up to receive FREE email updates here!

Air Canada delays launch of seasonal routes due to Boeing MAX grounding

Canada’s largest carrier said it would put off the launch of at least five seasonal routes, including delaying its Vancouver to Boston service to June 16 from June 1. Montreal-based Air Canada said a previously-announced halting of flights from two Eastern Canadian cities to London’s Heathrow..
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