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 Reuters. Continue 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.
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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
