Sumary of Boeing And The 737 MAX Are Beginning To Recover, But The Damage Won’t Be Quickly Erased:
- SpiceJet, the only Indian airline with MAXes already in its fleet will have them back in the air within days.
- Plus a new ultra-low cost Indian domestic carrier being set up by billionaire Rakesh Jhunjhunwala called Akasa Air is expected to place a relative large order for MAX planes soon, too.
- That follows the decision by Southwest – which is an all-737 carrier and has ordered far more 737s than any other airlines during the carrier’s 50 years of operation – to add 140 more 737 models of various types to its order book.
- But that rebound in leisure travel, he noted, is mostly limited to the huge domestic U.S. air travel market.
- And in the case of Southwest and Ryanair – and likely a number of other carriers – the airlines holding large number of orders of MAX planes when the groundings began entered huge claims against Boeing for the losses they attributed to the failure of Boeing to deliver dozens of MAXes by the dates at which it was contractually obligated to do so.
- There also were big claims against Boeing for the MAX planes it had delivered before the grounding but which could not be flown because they lost their certification.