Boeing is sued for US$336m over cancelled 737 MAX order
Boeing was sued for US$336m 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. In a complaint filed in Chicago federal court, ALAFCO Aviation Lease and Finance Co accused Boeing of breach of contract for keeping the payments despite being unable to deliver the planes or provide a revised delivery schedule. ALAFCO said it cancelled its order March 6 after Boeing failed to deliver 9 aircraft on time. It said Boeing has resisted its claim that the problems amounted to a "non-excusable delay" that would justify repayment. Boeing suspended 737 MAX deliveries in March 2019. It is now also struggling with the coronavirus pandemic, which forced it to cut production. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2020-04-23/general/boeing-is-sued-for-us-336m-over-cancelled-737-max-order
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Boeing is sued for US$336m over cancelled 737 MAX order
Boeing was sued for US$336m 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. In a complaint filed in Chicago federal court, ALAFCO Aviation Lease and Finance Co accused Boeing of breach of contract for keeping the payments despite being unable to deliver the planes or provide a revised delivery schedule. ALAFCO said it cancelled its order March 6 after Boeing failed to deliver 9 aircraft on time. It said Boeing has resisted its claim that the problems amounted to a "non-excusable delay" that would justify repayment. Boeing suspended 737 MAX deliveries in March 2019. It is now also struggling with the coronavirus pandemic, which forced it to cut production. <br/>
