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China’s big three airlines seek Boeing compensation over 737 MAX grounding [Toronto Globe and Mail (Ontario, Canada)]

China Southern Airlines Company Limited (ZNH) 
US:NYSE Investor Relations: csair.com/en/about/investor
China’s big three airlines seek Boeing compensation over 737 MAX grounding China’s three biggest airlines have asked U.S. plane maker Boeing Co to compensate them for losses caused by the grounding and delayed deliveries of 737 MAX jets, just as regulators gather to discuss design changes for the troubled aircraft. The triple compensation requests come at a sensitive time in Sino-U.S. relations, with a string of tit-for-tat import tariffs culminating in Washington accusing Beijing of backtracking on almost all aspects of a proposed trade deal. The U.S. administration’s latest tariff increase on $2-billion worth of Chinese imports - and hints of more - has prompted fear that China could retaliate against U.S. companies. Story continues below advertisement On Wednesday, Air China Ltd and China Southern Airlines Co Ltd told Reuters the pair have added their voices to a compensation request from China Eastern Airlines Corp Ltd announced a day earlier. The latest requests were first report Show less Read more
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