Boeing is sued for $336 million over canceled 737 MAX order

April 23, 2020
ALAFCO said it canceled its order on March 6 after Boeing failed to deliver nine aircraft on time, Jonathan Stempel reports for Reuters.

CHICAGO - Boeing Co was sued for $336 million on Wednesday by a Kuwaiti leasing company that accused it of wrongly refusing to return advance payments on a now-canceled order for 40 of its troubled 737 MAX planes, Jonathan Stempel reports for ReutersContinue reading original article.

The Intelligent Aerospace take:

April 23, 2020 - ALAFCO Aviation Leasing accused Boeing of keeping deposits after the Chicago-based manufacturer failed to deliver aircraft or provide a revised delivery schedule. Boeing has suspended Puget Sound manufacturing as the world grapples with the coronavirus pandemic.

Related: Boeing considers dividend cut, layoffs amid cash drain

Related: Boeing to offer voluntary layoffs to employees to tide over coronavirus fallout

Related: Boeing extends suspension of Puget Sound production operations until further notice

Jamie Whitney, Associate Editor
Intelligent Aerospace

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