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BA Boeing Co

176.40
-1.95 (-1.09%)
08 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Boeing Co NYSE:BA NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  -1.95 -1.09% 176.40 178.35 176.13 177.21 5,097,177 00:57:56

Russian Lessor to Sue Boeing Over 737 MAX Grounding: Interfax

27/08/2019 11:32am

Dow Jones News


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By Trefor Moss

 

Russian aircraft leasing firm Avia Capital Services is suing Boeing Co. (BA), seeking to cancel an order for 737 MAX jets, the Interfax news agency said Tuesday.

The subsidiary of Russian state aviation organization Rostec has 35 MAX jets on order, but has filed for damages with the Boeing jet having been grounded since March following two deadly crashes.

Avia cited "Boeing's negligence" and the "concealment of important information" in a lawsuit filed with the Chicago District Court, according to Interfax, confirming an earlier report by the Financial Times.

Boeing did not immediately respond to questions. The company is targeting a fourth-quarter return to flight for the 737 MAX following software fixes.

 

Write to Trefor Moss at Trefor.Moss@wsj.com

 

(END) Dow Jones Newswires

August 27, 2019 06:17 ET (10:17 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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