6/14, 4:51 PM (Source: TeleTrader)
more TeleTrader news

Norwegian CEO: 737 MAX not likely to fly before end of August

Bjoern Kjos, CEO of Norwegian Air Shuttle ASA, said on Friday that the low-cost airline does not expect Boeing's 737 MAX planes to return to service before the end of August following the model's grounding in response to two deadly accidents.

"If you ask Boeing they still say June or July," Kjos stated at the Paris Air Forum. "But we’re already in mid-June - we’ve planned for the MAX to be out until the end of August," he added.

Norwegian grounded 18 737 MAX 8 planes following the crash of the Ethiopian Airlines aircraft in March and noted it plans to seek compensation from Boeing, whose anti-stall system was blamed for the incident. In May, Boeing issued a software update with a fix for the issue but the model has to be recertified by regulators before it can return to service.

Breaking the News / NP