China airline association estimates losses from 737 MAX grounding at $579 million

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The China Air Transport Association (CATA) on Friday said it estimates losses at...

FILE PHOTO: An aerial photo shows Boeing 737 MAX airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, U.S. March 21, 2019. REUTERS/Lindsey Wasson

China was the first country to ground the 737 MAX two months ago after a crash in Ethiopia killed 157 people in March, in the second such incident for Boeing’s newest aircraft. The U.S. air regulator expects approval for the plane to return to service as early as late June, sources told Reuters on Thursday.

“We sincerely hope Boeing will place great importance to the compensation requests made by our member companies and offer solutions in a reasonable and legal manner,” said CATA in a statement on its website on Friday.

 

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SUE

...and that figure is only for baggage fee losses.🙄

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