Jet lessor sues Boeing over MAX
Boeing is being sued by an aircraft-leasing company seeking to cancel its order for 22 of the company's 737 MAX jetliners that it alleges is worthless because of the plane’s troubles. Dublin-based Timaero Ireland is seeking more than US$185m in damages after filing suit in Chicago Tuesday. Timaero, a subsidiary of Russia’s state-owned VEB Leasing, received the first two of its MAX jets last December and was due to take another pair this year as part of a deal struck in 2014. The firm alleged Boeing refused to repay advance payments made on the undelivered jets. Timaero alleges Boeing has breached its sales contract by not providing flyable aircraft, and was aware of the flight-control issues that investigators have pointed to as contributing to the twin crashes. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-12-19/general/jet-lessor-sues-boeing-over-max
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Jet lessor sues Boeing over MAX
Boeing is being sued by an aircraft-leasing company seeking to cancel its order for 22 of the company's 737 MAX jetliners that it alleges is worthless because of the plane’s troubles. Dublin-based Timaero Ireland is seeking more than US$185m in damages after filing suit in Chicago Tuesday. Timaero, a subsidiary of Russia’s state-owned VEB Leasing, received the first two of its MAX jets last December and was due to take another pair this year as part of a deal struck in 2014. The firm alleged Boeing refused to repay advance payments made on the undelivered jets. Timaero alleges Boeing has breached its sales contract by not providing flyable aircraft, and was aware of the flight-control issues that investigators have pointed to as contributing to the twin crashes. <br/>
