Last week, Norwegian Air a major client of Boeing sought compensation over Max groundings. On April 3rd it was reported that Bjoern Kjos, CEO Norwegian Air had tweeted “We have had some good meetings with Boeing today discussing the grounding of the MAX and how we can maneuver through this difficult situation.” The carrier owns eighteen 737 MAX 8 planes and is expected to add more to its fleet.
This comes as a result of the world’s largest planemaker being ground of its top-selling plane post the Ethiopian Airlines crash last month that followed a crash of Lion Air plane in Indonesia in October 2018.
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. To learn more about Boeing (BA) and to track its ongoing progress please visit the Vista Partners Boeing (BA) Coverage Page.
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