Boeing to pay compensation to Turkish Airlines over 737 MAX grounding ...News

One of Boeing's biggest customers, Turkish Airlines, announced on Tuesday it has reached an agreement with the US aviation giant on compensation for losses caused by grounded and undelivered 737 MAX aircraft. The company did not specify how much Boeing will shell out. According to Hurriyet newspaper, the payout will total $225 million, with $150 million in compensation and $75 million covering things such as spare parts and training. The announcement comes after Turkish Airlines said earlier this month it was preparing to bring a lawsuit against Boeing due to uncertainty regarding the 737 MAX and its losses.

Read More Details
Finally We wish PressBee provided you with enough information of ( Boeing to pay compensation to Turkish Airlines over 737 MAX grounding )

Also on site :

Huawei presenta a Berlino la sua nuova linea di dispositivi indossabili, inaugurando una nuova era per la tecnologia indossabile
Swatchbox Launches Second Life Samples™ to Help AEC Firms Reduce Material Sample Waste by Up to 90%
Houston Boston Partnership Launches New Website Showcasing Nation's Leading Private Equity Automotive Platform

Boeing to pay compensation to Turkish Airlines over 737 MAX grounding ...News

Elon Musk says he will spend 'a lot less' on future campaign donations

Smartphone exports from China to the U.S. are plunging

Mastercard to pay out £200 million in compensation to customers after legal battle – check if you can claim

Smart Cities Market worth $1,445.6 billion by 2030- Exclusive Report by MarketsandMarkets™

Oil Prices Remain Rangebound as Geopolitical Catalysts Loom

Qatari PM denies jumbo jet gift to Trump is bribery

Home Depot chief says chain won't raise prices because of Trump's tariffs

MDA Space and SatixFy Announce Amended Merger Agreement for Increased Consideration and Postponement of Shareholder Meeting

Millions set to receive up to £70 each after Mastercard settlement terms agreed

Woodside Sees Global Natural Gas Demand Surging by 50% by 2030

Xlence lanza MetaTrader 5, manteniendo la potencia de MetaTrader 4

SAP Reimagines How Enterprises Run With Business AI

Rachel Reeves says £20,000 annual Isa limit will stay

RealTime eClinical Solutions Honors Research Organizations as "Guiding Stars of Clinical Trials" in Celebration of Clinical Trials Day 2025

What wealthy people are reading this summer, according to JPMorgan Chase